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Lubbock, Texas | I do not have hogs and probably never will (maybe just a pig or two) or hopefully (and not hopefully) some wild ones on a piece of property
this will sound generic but based on some of the things you said and based on the fact you are pretty much in a commodity production situation that can make the overall sale price the hardest to control
I would say try and break your business down into a model writing down the expenses for each total item and then break it down on a per animal basis and then try and see which one you feel you can work down the easiest or what one might have the best return on some investment
a different way to say it is look at what bill or expense you hate the most or that you wish would go away and maybe look at how others are reducing it and or making it go away (again with a proper return on investment)
so if you hate the natural gas bill that comes to heat the barns (if you use that) .....maybe you have a wood lot on your property or hay rotting in the fence line line every year and you are handy so you might look at a boiler....now you have added "work" and chores, but maybe if you are saving enough overall money now you are paying yourself for what might have been "free time" instead of paying a big fat bill....of course maybe you don't have the time to watch a boiler and feed it
work the same idea on the next biggest cost or expense and or bill you hate
or maybe there is an expense that is never the same and is very hard to track because it goes up and down......if you can find a way to bring that expense and or that cost of operation into a more even and regular amount that might help your overall cash flow for other reasons
kind of generic hopefully something helps
Edited by rodrod5 1/5/2012 17:19
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Pork producers, how do you make it work?
