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Economics of Farm Enterprises II.(Farm Management II.)

MSc level

Lecture 6

Factors affecting the profitability of the main farm enterprises

II. Enterprise studies: pig production,

sheep production

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PIG PRODUCTION

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Weaning production

• Number of weaners reared per sow per year• Litters per sow per year• Pigs born per litter• Mortality• Feed costs per weaner• Price realised per weaner• Replacement costs• Records

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Fattening pigs• Main profit factors

• Records

• Labour

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SHEEP PRODUCTION• Sheep production systems

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Hill sheep production

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Hill sheep production/2• Compensatory allowances• Number of lambs sold

• Price of lambs• Replacement costs• Wool• Feed costs• Other variable costs• Fixed costs

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Upland sheep production• Compensatory allowances

• Production of cross-lambs

Lowland fat lamb production

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Lowland fat lamb production/2• Gross margin per hectare• Lambs sold per ewe• Prices of lamb• Stocking density

•Replacements•Feed costs