Personally, I’m not yet closing my doors to this piggery venture, as long as I / we can correct the previous projections, and improve on the whole process. There were lots of learnings along the way.
Less than 3 months in the venture and we have already invested PHP7K per pig: PHP3.5K for the piglets and PHP3.5K for the feeds (both Starter and Grower feeds). Based on discussions with the caretakers, we are looking at mid-August to see if the pigs are market-ready.
Caveat emptor. Checkout PinoyInvestor if you feel like you need their stock market expertise.
PinoyInvestor basically consolidates and summarizes the analyses of its various broker partners, giving its members the advantage of insights and recommendations from multiple brokers without the customer having to pay the cost of the services of the individual brokers and fund managers.
I commend them for the courage to take a step further in their personal finance lives, and their humility to admit to themselves and to the group that they know nothing (yet, like Jon Snow) and the openness to suggestions and tips on where to begin.
So in general, pigs will have shorter business cycles and faster turnaround compared to that of cows.
Say a grown pig averages 90kg upon sale. Trade price as of this writing is at Php120 per kilo of live pig. Per kilo of pork meat (essentially a dead sliced pig) is higher given the mark-ups (butchering plus transportation costs, and less the weight of inedible parts). Anyway, if you sell a pig of 90kg at Php120 per kilo, that translates to Php10,800 gross sale. Less investment cost of Php7,765, net income is Php3,035.
Current times may not be the best time to trade actively and most would rather watch on the sides as the market tries to figure out where it’s headed. Can’t help but reiterate though that this is the best time to learn. Learn on your own and learn from the experts.
If we can derive some positive consequence in this market’s current events, I would say that this is the best time to learn. Best time to learn, on our own, observe the market, and likewise to learn from the experts. Best time to study and weigh their analysis, whether it’s aligned or not with our trading and investment objectives.
If you are looking for a purely stocks tips and readings, multiple broker research and services, plus technical analysis (!), then consider PinoyInvestor.