impact of pork production on the local and regional economy [enter date of presentation here and/or...
TRANSCRIPT
![Page 1: Impact of Pork Production on the Local and Regional Economy [enter date of presentation here and/or name of who is presenting] [Instructions on how to](https://reader036.vdocuments.mx/reader036/viewer/2022062620/551a3e57550346cb358b5529/html5/thumbnails/1.jpg)
Impact of Pork Production on the Local and Regional Economy
[enter date of presentation here and/or name of who is presenting]
[Instructions on how to customize this presentation are provided in
notes section for each slide]
![Page 2: Impact of Pork Production on the Local and Regional Economy [enter date of presentation here and/or name of who is presenting] [Instructions on how to](https://reader036.vdocuments.mx/reader036/viewer/2022062620/551a3e57550346cb358b5529/html5/thumbnails/2.jpg)
Agenda/Topics Covered• Our Mission• Overview of our pork production operation• Our economic impact of building and operating a
new facility
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Our Mission• Produce safe food• Protect and promote animal well-being• Ensure practices that protect public
health• Safeguard natural resources in all of our
practices• Provide a work environment that is safe
and consistent with our other ethical principles
• Contribute to a better quality of life in our communities
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Our Operation (Finishing)• Cy Fans, Inc. is our family
farm that has been in business for 25 years
• Located in Cys Roost, Iowa
• Currently farm 1,000 acres of corn and soybeans and have a 1,200 head wean to finish hog operation
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Our Operation (New Finishing)• Cyclone Fans, Inc. would like to expand our hog
operation, Cyclone Pigs, by building a new finishing facility to hold 0,000 hogs
• Facility will be located adjacent to our current finishing barn
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Our Operation (Existing Finishing)• In 0000 Cyclone Fans, Inc. expanded our hog
operation, Cyclone Pigs, by building a new finishing facility to hold 0000 hogs
• Facility is located adjacent to our farmstead
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Our Operation (Breeding Herd)
• Cy Fans, Inc. is our family farm that has been in business for 25 years
• Located in Cys Roost, Iowa• Currently farm 2,000 acres
of corn and soybeans and have a 1,000 head sow operation
![Page 8: Impact of Pork Production on the Local and Regional Economy [enter date of presentation here and/or name of who is presenting] [Instructions on how to](https://reader036.vdocuments.mx/reader036/viewer/2022062620/551a3e57550346cb358b5529/html5/thumbnails/8.jpg)
Our Operation (New Breeding Herd)• Cyclone Fans, Inc. would like to expand our hog
operation, Cyclone Sows, by building a new farrowing facility to handle 0,000 sows
• Facility will be located adjacent to our current farrowing barn
![Page 9: Impact of Pork Production on the Local and Regional Economy [enter date of presentation here and/or name of who is presenting] [Instructions on how to](https://reader036.vdocuments.mx/reader036/viewer/2022062620/551a3e57550346cb358b5529/html5/thumbnails/9.jpg)
Our Operation (Existing Breeding Herd)
• In 0000 Cyclone Fans, Inc. expanded our hog operation, Cyclone Sows, by building a new farrowing facility to handle 0000 sows
• Facility is located adjacent to our farmstead
![Page 10: Impact of Pork Production on the Local and Regional Economy [enter date of presentation here and/or name of who is presenting] [Instructions on how to](https://reader036.vdocuments.mx/reader036/viewer/2022062620/551a3e57550346cb358b5529/html5/thumbnails/10.jpg)
Economic Impact (finishing)• Total construction cost: $600,000Activity Local
ImpactRegional Impact
Building construction $381,300 $218,700
Total gross income remaining in economy (annually)
$156,669 $702,240
Interest paid to financial institutions (annually)
$26,252 $6,588
Amount paid to feed supplier (annually) $1,843 $16,584
Total annual expenses that add to economy
$275,577 $355,231
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Total construction cost: $3,955,200
Economic Impact (Breeding Herd)
Activity Local Impact
Regional Impact
Building construction $2,733,043 $1,222,157
Total gross income remaining in economy (annually)
$2,150,291 $0
Interest paid to financial institutions (annually)
$78,333 $19,583
Amount paid to feed supplier (annually) $12,770 $12,770
Total annual expenses that add to economy
$838,779 $731,482
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Our Promise
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Questions?