Matrix of Base Price Adjustments Matrix of Base Price Adjustments
Backfat (mm)
Carcass kg
0 1415161718192021222324252627282930 0 54% 54% 54% 54% 54% 54% 54% 54% 54% 54% 54% 54% 54% 54% 54% 54% 54% 54% 79 54% 97% 97% 97% 97% 97% 97% 97% 97% 97% 97% 97% 97% 97% 97% 97% 97% 54% 80 54% 97% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 97% 54% 81 54% 97% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 97% 54% 82 54% 97% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 97% 54% 83 54% 97% 109% 109% 109% 113% 113% 113% 113% 113% 113% 113% 109% 109% 109% 109% 97% 54% 84 54% 97% 109% 109% 109% 113% 113% 113% 113% 113% 113% 113% 109% 109% 109% 109% 97% 54% 85 54% 97% 109% 109% 109% 113% 113% 113% 113% 113% 113% 113% 109% 109% 109% 109% 97% 54% 86 54% 97% 109% 109% 109% 113% 113% 113% 113% 113% 113% 113% 109% 109% 109% 109% 97% 54% 87 54% 97% 109% 109% 109% 113% 113% 113% 113% 113% 113% 113% 109% 109% 109% 109% 97% 54% 88 54% 97% 109% 109% 109% 113% 113% 113% 113% 113% 113% 113% 109% 109% 109% 109% 97% 54% 89 54% 97% 109% 109% 109% 113% 113% 113% 113% 113% 113% 113% 109% 109% 109% 109% 97% 54% 90 54% 97% 109% 109% 109% 113% 113% 113% 113% 113% 113% 113% 109% 109% 109% 109% 97% 54% 91 54% 97% 109% 109% 109% 113% 113% 113% 113% 113% 113% 113% 109% 109% 109% 109% 97% 54% 92 54% 97% 109% 109% 109% 113% 113% 113% 113% 113% 113% 113% 109% 109% 109% 109% 97% 54% 93 54% 97% 109% 109% 109% 113% 113% 113% 113% 113% 113% 113% 109% 109% 109% 109% 97% 54% 94 54% 97% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 97% 54% 95 54% 97% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 97% 54% 96 54% 97% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 97% 54% 97 54% 97% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 97% 54% 98 54% 97% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 109% 97% 54% 99 54% 97% 97% 97% 97% 97% 97% 97% 97% 97% 97% 97% 97% 97% 97% 97% 97% 54% 100 54% 54% 54% 54% 54% 54% 54% 54% 54% 54% 54% 54% 54% 54% 54% 54% 54% 54%
Figure 2
processor allows for the determination of how many pigs fall into the different matrix bins. As an example, Figure 2 shows a packer matrix where the maximum value is between 83 and 93 kg (carcass) and between 18 and 24 mm backfat depth. Figure 3 shows the weight distribution of a healthy herd from South Korea that has an average amount of variation. It also shows what percentage of those pigs achieved maximum value on the packer matrix shown in Figure 2 .
The second step in the adoption of precision agriculture is gaining an understanding of what exactly the farm is producing. This is a data‑oriented practice that is truly effective when the information is on an individual pig basis. On the breeding side of production this extends beyond individual sow data to information on weaned pig quality. Particularly how many weaned piglets fall below certain weight or quality standards. In finishing, individual pig data from the
% of healthy herd at maximum value
Table 1 shows the total sale value produced by the group of 1000 head from Figure 3 as well as a hypothetical group of 1,000 head where all the pigs achieved maximum value (values shown in US$). What this demonstrates is that if variation can be reduced, all while maintaining a similar cost of production, profitability would improve dramatically. While current technology renders such a decrease in variation prohibitive, even marginal reductions in variation can yield significant increases in profitability. The ability of a production system to increase the value of each pig produced, all while without having to increase their production assets or costs, is where future profits will be extracted. Particularly when considering global competition and supply chain risk makes other avenues of increasing pig value more improbable in the coming years.
14% 12% 10%
Carcass weight % of maximum value
8% 6% 4% 2% 0%
15%
Carcass weight (kg)
Figure 3
Difference in sales due to maximum value
Average Herd Hypothetical Herd Additional Value
Total Sales
$301,501
$360,259
$58,758
Table 1
BI1836 Production Economics - 05 Precision Agriculture V4.indd 3
28/06/2024 9:37:05 AM
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