How to start a successful pig farm

02-12-2020 2360
How to start a successful pig farm

How to create a successful profitable pig farm - we show on the example of VITAGRO pig farms.

Last year, the State Statistics Service estimated the increase in the commercial supply of pork at 25.8 thousand tons (up to 470.7 thousand tons). In total, 4.3 million heads of pigs were sent for slaughter during this period. Although the price of live pigs in Ukraine has been at the level of 1.4 €/kg since 2017, the situation with ASF has a significant impact on pig breeders - the appearance of the virus in a pig farm can even lead to bankruptcy. Here the state should intervene and support the manufacturer affected by ASF. Such support will stimulate the industry, because consumption of pork in the domestic market now exceeds production and pork producers have a market in need of increasing production.

Pork producers also have great export potential. In the first quarter of this year, domestic operators shipped 0.62 thousand tons of fresh, chilled and frozen pork abroad for $1.8 million. This is twice as much as in the first quarter of 2019, and the proceeds from transactions increased by 2.6 times . For comparison, the leader of the rating, Spain, exported pork worth $5.2184 billion in 2019. As you can see, there is room for growth, and we also have opportunities for this.

In agriculture, pig breeding is considered one of the most profitable areas.

The implementation period for projects in pig breeding is approximately 3–5 years, which is a very short indicator. Today, there is enough space in this niche for everyone, as buyers increasingly choose chilled rather than frozen meat.

The Association of Pig Breeders of Ukraine summed up the results of the industry for 9 months of 2020 and claims that domestic pig breeding is being resumed. The industrial number of pigs in Ukraine increased by 3.1% compared to last year and reached 3.55 million heads. This growth was recorded despite the decrease in the number of breeding stock at the beginning of the year.

The revival of domestic pig breeding is possible only with the introduction of professional solutions and the use of the experience of world industry leaders. It is these factors that ensure the success of the pig farms of the VITAGRO group of companies.