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Improving efficiency and cost of production. The Profit Equation. PROFIT = PRICE – COP (( Feed Price x HFC ) +(Other costs) ) x Volume (pigs sold x weight). Pig Price. Profit over 14 years ($/sow) based on APL Pig stats and Pig Annual. Comparative costs (Euro/kg carcass weight).

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Presentation Transcript
the profit equation
The Profit Equation
  • PROFIT = PRICE – COP ((FeedPrice x HFC ) +(Other costs) ) x Volume (pigs sold x weight)
core program areas
Core program areas
  • More reliable and lower cost energy and protein supply
  • Herd feed conversion efficiency
  • Functional pork products
  • Education and training
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A shared vision…

Core Participants

University of Sydney

Supporting Participants

Grainsearch Pty Ltd

WAAPC – Pork Producers Committee

Bartlett Grains Pty Ltd

Australasian Pig

Science Association

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HFC
  • Currently averages 4.2 on a carcass weight basis for Australia (APL Pig Annual 2004).
  • USA average closer to 3.7
  • Rather scary when feed costs 27 cents/kg.
causes
Causes?
  • Genetics?
  • Wastage?
  • Poor health ?
  • Low energy diets?
  • Light selling weights?
  • Reproduction
  • Tell me?
effects of dietary energy fat
Effects of dietary energy -Fat
  • Potential to get added effect on feed efficiency
  • Reduce total feed delivered
  • Enhance performance in commercial situations
  • Reduce grain usage
  • Flexibility
australian information
Australian Information
  • Results of experiment with boars and gilts reported by Henman etal in 1999.
  • Five levels of DE (calculated) ranging from 12.0 to 15.2 MJ/kg.
  • Animals housed in groups of 10 in commercial-type barn.
  • Duration of 42 days starting at 63 kg.
effects of genetics
Effects of genetics
  • Comparison of gilts from two genetic lines.
  • Results from the USA.
  • Pigs compared on the same diets in the same facility.
improving feed efficiency
Improving Feed Efficiency
  • We haven’t begun to get serious about FE?
  • Potential to dramatically reduce feed usage if willing to try different approaches.
  • Need to understand the constraints and some may be inherent in our animals and systems.
  • An exciting area, I look forward to working on with our partners and Australian producers.
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