1 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

2 PIG PRODUCTION

3 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

4 Fattening pigs Main profit factors Records Labour

5 SHEEP PRODUCTION Sheep production systems

6 Hill sheep production

7 Hill sheep production/2 Compensatory allowances Number of lambs sold Price of lambs Replacement costs Wool Feed costs Other variable costs Fixed costs

8 Upland sheep production Compensatory allowances Production of cross-lambs Lowland fat lamb production

9 Lowland fat lamb production/2 Gross margin per hectare Lambs sold per ewe Prices of lamb Stocking density Replacements Feed costs