Starting Pig Farming Business Plan
The piggery business is immensely profitable, and tons of people are trying their hand at this venture. However, you must have adequate knowledge about how to start piggery project before really dipping your feet in this landscape. A successful pig farmer has excellent management skills, knows how to raise pigs, and possesses several traits necessary to sustain this business for the long run.
Do you wish to enter the pig farming business? If the answer is yes, you will need to develop a well-thought-out plan for pig farming. It will provide you with structure and ensure every aspect of your business remains organized. If you are new to this field, there is no need to worry as this piece will discuss everything about building a pig farm and how to manage it, ensuring it doesn’t fall flat on its
Pig farming, as mentioned before, is an incredibly lucrative business. Still, before you venture into this field, you will need to consider elements like having ample land, breeding the pigs, managing the farm, and a well-thought-out marketing plan for pig farming.
While having loads of capital is a plus point, it is not a necessity. You can start small and improve your business over time. That said, let us discuss some critical factors you need to consider for building a pig farm.
Land for the Pig Farm
You will require ample area to erect farm buildings, sty, and other necessary items for your farm. In most cases, pig farming projects require a sloppy yet gentle site consisting of high-yielding soils. It would be best to locate your farm a kilometer or two away from seas and rivers to avoid contaminating the water. It would also help if you assessed multiple lands suitable for a pig farm management system.
Aspiring pig farm owners should also consider locating their farming projects near good roads to minimize costs and provide farmers with easy access to their projects.
Of course, you will need spacious and well-built housing for the pigs. It will make managing them easier while reducing the mortality rates of the baby pigs. Remember, every pig has a different growth stage. Piglets don’t do well in low temperatures, so it would be best if you kept them in a secure area, ensuring they not only survive but strive.
On the other hand, you will need to protect reproducing and growing pigs against high temperatures. Consider keeping them in an area where they remain protected against unfavorable weather conditions like cold winds and continuous rains.
Buying the equipment and materials required for pig housing is relatively straightforward as most agricultural and hardware shops sell them.
You will need loads of breeding stock to start your piggery business. In most cases, sows and boars will be the only breeding stock you will need. Take your time when selecting the pigs, ensuring you have an excellent breed. When purchasing the breeding stock, it would be best to buy from farms with a reputation for producing healthy pigs.
Of course, your piglet’s growth potential will depend on the parent stock quality. You will need one board for fifteen to twenty sows. You will need to consider the scale of your business before deciding how many soars you need. One sow can give birth to ten to eleven piglets from a single pregnancy. What’s more, a sow can get pregnant two times per year, and its pregnancy can last around 114 5o 115 days.
Feeding your pigs is as important as providing them a spacious living area. You must provide them the correct feed while ensuring the amount is right too. Overfeeding could lead to severe illnesses and may even cause some of your pigs to die. Providing them with the right feed will ensure they grow and reproduce efficiently, producing high-quality meet, and improving your business’s profitability.
Failing to provide your pigs and piglets with the proper feed may hamper the pork’s quality and lead to losses. Once again, every pig requires a different feed, depending on its stage of growth. So, it would be best if you considered the pig’s feed cost and growth stage before deciding how much and how often you will provide it with food.
Any questions? Get in Touch
Capital for a Piggery Farming Business
As mentioned previously, starting a pig farming business plan requires capital. You must have money to pay for the breeding stock, housing, feeds, and other expenses. Once again, the amount you will need depends upon the scope of your business. Your swine raising business plan should outline the amount of money needed to start and manage a pig farming business.
Pig Farm Management
The amount of employees you need for a pig farming business depends on your project’s size. You will need numerous pig keepers to clean, feed, and disinfect the pigs, among several other duties. You may also require a marketing and financing team, depending on your production business’s size. Your pig farm business plan should also take into account your employee’s salary costs.
The pork market is massive and will continue increasing. You can provide pork to individual customers, wholesalers, restaurants, retailers, butcher shops, abattoirs, and tons of other markets. Remember, you will need to sell the pork while it is still fresh. So, it would be best if you considered locating your farm near your market. Consider adding a detailed marketing strategy in your pig growing business plan to ensure your operations remain smooth and uninterrupted.
You’d be surprised to see the ever-increasing export market for pork. As your pig farming business grows, you’ll be able to export your pork to several countries. Mexico, South Korea, China, Hong Kong, Russia, and Japan are some of the biggest pork importers worldwide.
Pig Farm Financial Plan
Having a well-written pig farm financial plan will be critical for your business’s success. Sure, you can create on without anyone’s help, but it would be best to hire a group of professionals to provide you with a financial plan tailored to your particular business. At OGS Capital, we create pre-written and customized piggery project business plans, ensuring our clients can get their businesses up and running in no time!
Illustrative business plan samples
OGSCapital’s team has assisted thousands of entrepreneurs with top-rate business plan development, consultancy and analysis. They’ve helped thousands of SME owners secure more than $1.5 billion in funding, and they can do the same for you.