Effects of size and business arrangement on the profitability of hog farrowing operations in Manitoba
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Date
2000-09-01T00:00:00Z
Authors
Mcdougall, Anthony
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Abstract
The purpose of this thesis is to identify the most attractive size, type, and business structure of hog operation to make it attractive for venture capitalists to invest the 15% equity capital needed for expansion. Representative 600 and 1200 sow farrow to wean operations, as well as 600, 1200, and 2400 sow farrow to finish operations were modeled, and hog and barley prices were varied to assess the profitability of the operations under different price scenarios. The farrow to wean operations were profitable only when market hog prices were high. Farrow to finish farms were profitable under most market conditions. The exception being when market hog prices were low. The 2400 sow farrow to finish operations showed the best profitability in terms of ROA over the fifteen year period. (Abstract shortened by UMI.)