Well the simple answer to this is “Yes” its unlikely to make you rich and if you live where your neighbours are likely to complain about the odour its not for you. Our first batch is in month 2 of 4 and starting to pile on weight. Our landlady has just sent her pigs to market so i started running through figures with the current market rate in Cebu and came up with the following results :-
Building a two sty piggery = P50,000 / P100,000 (added water tank and septic tank)
10 Piglets = P20,000
Feed+Vet costs = P26,000 (approx)
Current meat prices per kg = P115/P120
Average pig weight for market = 75kg
Sale weight of pigs 10 x 75kg = P86,250 (for 4 months work)
Take out the costs of feed and purchase = P40,250 profit (not including construction cost)
Multiply the factor by 12 months of 3 batches = P120,750
Ok it may not seem a lot but this is 1 pen operational the 2nd batch of piglets will be hopefully with us this month and if next month is good a further batch.
Once the initial P92,000 is paid out on the pigs i have an agreement with my wifes parents we go 50/50 on the profits. So although i dont maintain the pigs i have invested the stock value. So if you base the fact that the average wage is somewhere around P6,000 – P10,000 per month for a skilled worker and 30 piglets although will keep 1 person busy for at least some of each day the results are that the 30 pigs will provide an income of :-
P362,250 as a whole. Also emptying the septic tank and water will be a small reduction
But it does mean that even at 50% profit share it provides P15,093.75 per month for April and myself aswell as the same for Aprils parents which helps them a lot. We will also be looking at doing the same at our own compound which hopefully im thinking of another 80 pigs so we can start heading towards a western type of income in the Philippines.
We already own a pickup so getting to market isnt too much of a problem but maybe something you need to look at if doing this yourself. If you want any advice please feel free to ask. Ive changed laptops and my other is currently in Cebu so as soon as i can get my data transfered ill start filling the forum up with more info. Currently its showing us at the stage prepping up for piglet batch no.2 which may not sound much. But it means we have a constant stock of 20 pigs and next month this will move to 30 and so on.