Podcast
Questions and Answers
In which scenario are pigs considered more profitable than cows?
In which scenario are pigs considered more profitable than cows?
What is the estimated selling price range for a piglet?
What is the estimated selling price range for a piglet?
Which feed is primarily used for fattening pigs?
Which feed is primarily used for fattening pigs?
What additional costs may affect profitability when raising pigs for a short period?
What additional costs may affect profitability when raising pigs for a short period?
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What is the general price range for full-grown cows?
What is the general price range for full-grown cows?
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What is the price of hogs as of 2018 per cwt?
What is the price of hogs as of 2018 per cwt?
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What factor can significantly affect the cost of raising cows?
What factor can significantly affect the cost of raising cows?
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What contributes to the higher initial costs when raising cows compared to pigs?
What contributes to the higher initial costs when raising cows compared to pigs?
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What is the approximate cost difference between a dairy calf and a beef calf?
What is the approximate cost difference between a dairy calf and a beef calf?
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What is the minimum selling price for a beef cow?
What is the minimum selling price for a beef cow?
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What is a unique requirement for dairy cows compared to beef cows?
What is a unique requirement for dairy cows compared to beef cows?
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Which type of cow tends to require more personal management and resources?
Which type of cow tends to require more personal management and resources?
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How much land is typically needed per cow?
How much land is typically needed per cow?
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Which statement best describes the maintenance needs of beef cows compared to dairy cows?
Which statement best describes the maintenance needs of beef cows compared to dairy cows?
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What is one necessary setup for operating a dairy farm?
What is one necessary setup for operating a dairy farm?
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What common fencing options are available for cows and pigs?
What common fencing options are available for cows and pigs?
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Study Notes
Profitability Comparison: Pigs vs. Cows
- Cows are generally more profitable when raising dozens due to herd reproduction and diverse income sources.
- For small-scale farmers, pigs tend to be more profitable since they require less initial investment and setup.
Cost of Raising Pigs
- Piglet prices range from $60 to $100, while purebred pigs can cost up to $200.
- Feed costs approximately $15-$20 for a 50-pound bag, totaling around $135 to fatten a pig using corn, which is a low-cost feed option.
- Hog prices fluctuated around $75 per cwt (approximately $0.75 per pound) in 2018.
- Raising only a few pigs over one year often doesn't break even due to additional costs like fencing and bedding.
Cost of Raising Cows
- Calves can range from $550 to upwards of $5,000 depending on age and type (beef vs. dairy).
- Yearlings sell for $800 to $1,500, with full-grown beef cows typically costing between $2,000 and $5,000.
- Dairy cows require more nutrients and a milking setup, influencing profitability timelines due to dependency on technology and infrastructure.
Types of Cows
- Cows are categorized mainly into beef and dairy types; dairy cows require more nutrients and breeding for milk production.
- Beef cows require less daily maintenance, can be raised in fields, and are usually sold for the highest price between 12 to 24 months old.
Land Requirements
- Cows need 1 to 2 acres per cow; thus, a herd of 12 cattle needs about 12 to 18 acres.
- Pigs require less space, accommodating 12 to 14 sows per acre, making them easier to manage on smaller land parcels.
- Both animals can be restrained with barbed wire or electric fencing, facilitating herd rotations and management.
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Description
Explore the profitability of raising cows compared to pigs in modern farming. This quiz delves into factors affecting profit from livestock, including breeding, production, and market demand. Determine which animal offers better returns on investment for farmers.