Benchmark Analysis of Production and Financial Measures Across Nursery, Finishing and Wean-to-Finish Closeouts in North America - Dr. Tom Stein, Executive Chairman at MetaFarms, Inc., from the 2014 Minnesota Pork Congress, January 14-15, Minneapolis, MN, USA. More presentations at http://www.swinecast.com/2014-minnesota-pork-congress

1. The Power of Organized
Data
Benchmark Analysis of Grow-Finish
Production in North America
Dr. Tom Stein
Minnesota Pork Producers Annual Meeting
January 14-15, 2014

2. Average performance for nursery [NUR], finishing [FIN], and single-stock wean-to-finish [W2F (SS)] closeouts for
groups closed January 1 through December 31, 2012. Weights are in lbs, costs are $USD.
No. Closeouts
No. Pigs
Start Wt
Out Wt
Avg DOF
Lb Feed/Pig
Cost/Lb Gain
Mortality %
ADG
FCR
ADFI
Avg Group Size
% Mkt Sales
% SubStnd Sales
Feed cost/ton
Corn cost/bu
NUR
6,295
12,461,844
13
54
48
67
$0.3508
3.0%
0.84
1.64
1.36
1,980
$432.17
$6.44
FIN
7,405
13,946,859
55
270
120
612
$0.4106
4.1%
1.80
2.92
5.25
1,883
90.2%
1.84%
$281.13
$6.38
SS W2F
1,476
2,822,284
13.5
270
163
661
$0.3652
5.9%
1.57
2.64
4.12
1,915
89.0%
2.60%
$294.50
$6.55

3. NURSERY BENCHMARKING INSIGHTS
Percentile Distributions Across CLOSEOUTS for Line Items Reported on Nursery Closeouts
5
No. Closeouts
No. Pigs
Start Wt
Out Wt
Avg DOF
Lb Feed/Pig
Cost/Lb Gain
Mortality %
ADG
FCR
ADFI
Avg Group Size
Feed cost/ton
Corn cost/bu
10
20
30
40
50
60
70
80
90
95
10.9
36.0
33.3
33.9
$0.4947
8.9%
0.59
2.03
0.94
439
$624.91
$7.95
11.5
36.9
37
41.3
$0.4528
6.1%
0.64
1.92
1.03
517
$556.09
$7.69
12.0
45.0
42
50.3
$0.4134
4.2%
0.71
1.80
1.14
590
$507.65
$7.31
12.2
48.2
45.5
56.0
$0.3860
3.3%
0.76
1.72
1.22
682
$478.24
$6.74
12.6
51.3
47.6
61.2
$0.3644
2.7%
0.80
1.67
1.28
1,051
$453.60
$6.50
13.0
54.4
49
65.6
$0.3450
2.3%
0.84
1.62
1.35
1,249
$430.22
$6.36
13.3
57.2
50.1
70.4
$0.3261
1.9%
0.88
1.57
1.42
1,480
$406.59
$6.17
13.7
60.0
52.5
75.2
$0.3094
1.5%
0.92
1.52
1.49
2,199
$383.49
$6.00
14.1
62.9
54
82.0
$0.2915
1.2%
0.96
1.47
1.57
2,802
$361.28
$5.83
14.8
67.4
56.8
93.5
$0.2714
0.8%
1.02
1.38
1.71
3,988
$337.22
$5.42
15.4
71.5
59.9
103.1
$0.2519
0.6%
1.06
1.31
1.82
5,993
$319.65
$5.31
read across the rows NOT down the columns
use these to create report cards for individual closeouts or sets of closeouts
DON'T use these numbers for a company report card

4. EXAMPLE OF A ‘REPORT CARD’ FOR NURSERY
CLOSEOUT
For each key performance indicator,
I’d assign an overall grade of ‘C’ to this
closeout, no better than average
(mediocre) performance as a whole. In
fact, the low mortality was the only
item that stood out as above average.
----------------------------------------------- Information Info ------------------------------------- Utilization Info -------------Group Performance
----------------------------------------------------
Group Name
111101
1181
3324056
4031103
930011101
930021101
3130N
61101
801101
411101
A082911N
3138N
1138110
C4JA
St art Wt
Out Wt
DOF
Lb Feed/ Pig
Cost / Lb Gain
Mort alit y %
ADG
FCR
ADFI
Group Size
Start
Close
01/17/2011
02/18/2011
03/10/2011
06/05/2011
06/15/2011
06/24/2011
07/12/2011
07/15/2011
07/26/2011
08/22/2011
08/29/2011
09/02/2011
09/12/2011
09/21/2011
01/01/2012
02/16/2012
01/01/2012
01/01/2012
01/01/2012
01/01/2012
01/15/2012
01/01/2012
01/01/2012
03/08/2012
02/14/2012
01/01/2012
10/13/2012
04/30/2012
Closeout
13.0
50.0
43.6
60.2
$0.4918
1.4%
0.84
1.64
1.38
2,501
Percent ile
50
36
24
37
6
74
50
46
55
75
Started
Start Wt Avg Out Lb Feed
Feed
Mortality
Wt w/o
Per Hd Cost per as % of
Dead Wt
Lb Gain Pigs In
Prod
2,415
4,669
2,100
2,000
1,208
1,191
1,158
1,200
1,189
2,501
1,545
1,067
3,397
1,207
100
90
80
70
Percentiles
find the actual result from a Closeout
Summary report and refer that result
to the Percentile Distribution table.
For example, a Start Weight of 13.0 lb
is at the 50th percentile across all
closeouts and companies. Do this for
each of the KPI’s and then create a
chart, using a horizontal line to
represent the 50th percentile. Bars
over the 50th percentile line represent
a ‘good’ result, i.e. above average
performance. In this example, 1.4%
mortality is ranked in the 74th
percentile, meaning that mortality
level in this closeout was better
(lower) than 74% of the 6,295
closeouts. Or, said the other way
around, this closeout’s mortality level
was in the Top 25% (OK, Top 26%) of
all nursery closeouts in 2012.
60
50
40
30
20
10
0
11.7
12.3
12.8
12.4
13.2
14.1
15.6
13.0
12.8
13.0
11.7
12.0
14.6
14.4
39.5
48.8
57.3
86.6
43.8
39.7
50.0
40.5
60.0
50.0
65.0
50.0
32.2
52.1
44.53
47.96
72.51
119.45
54.66
39.13
59.11
50.00
71.47
60.23
92.41
62.91
21.06
62.63
0.5459
0.2546
0.1996
0.3348
0.5226
0.5188
0.5013
0.5800
0.4188
0.4918
0.3237
0.3194
0.3749
0.2708
1.74%
4.30%
3.95%
2.40%
2.24%
1.43%
8.46%
2.83%
1.35%
1.44%
3.12%
6.65%
0.68%
1.74%
ADG
0.73
1.15
0.86
1.04
0.63
0.75
0.68
0.70
0.98
0.84
1.00
0.73
0.72
0.75
FC
1.61
1.34
1.65
1.62
1.80
1.54
1.88
1.84
1.52
1.64
1.74
1.69
1.20
1.67
ADFI
1.18
1.54
1.42
1.68
1.14
1.15
1.28
1.28
1.49
1.38
1.74
1.24
0.87
1.25
Avg DOF
37.7
31.1
51.0
71.0
48.0
34.0
48.4
39.0
48.0
43.6
53.5
50.9
24.2
50.0

5. Benchmarking Nursery Closeouts by Start Weight
No. Closeouts
No. Pigs
Start Wt
Out Wt
Avg DOF
Lb Feed/Pig
Cost/Lb Gain
Mortality %
ADG
FCR
ADFI
9 - 10
99
83,183
43.0
48.3
56.3
$0.4368
4.9%
0.67
1.72
1.16
Average Start Wt (lbs)
10 - 11
11 - 12
12 -13
13 - 14
14 - 15
15 - 16
Overall
237
780
1,949
1,734
941
357
6,097
485,766 2,394,003 4,130,919 2,769,842 1,691,976 586,282 12,141,971
13.0
50.9
53.3
53.8
55.1
54.3
55.4
54.1
50.2
48.9
48.2
48.5
47.5
45.5
48.2
66.0
67.4
66.4
67.8
65.9
65.4
66.7
$0.3366 $0.3326 $0.3449 $0.3554 $0.3558 $0.3699 $0.3508
3.3%
2.8%
3.3%
2.9%
2.9%
2.2%
3.0%
0.78
0.84
0.84
0.84
0.82
0.86
0.84
1.64
1.62
1.62
1.64
1.66
1.65
1.64
1.27
1.35
1.36
1.37
1.36
1.41
1.36
penalty for lights 10 - 11 lb
huge penalty for very light < 10 lb
11 - 15 lb, outcomes are similar

6. Benchmarking Nursery Closeouts by Average Days-on-Feed
(excluded 3 @ DOF < 21 and 41 @ DOF >= 70)
No. Closeouts
No. Pigs
Start Wt
Out Wt
Avg DOF
Lb Feed/Pig
Cost/Lb Gain
Mortality %
ADG
FCR
ADFI
21-28
70
91,346
13.4
29.8
Average Days on Feed
28-35
35-42
42-49
49-56
56-63
361
823
1,892
2,345
634
889,091 2,068,858 4,331,874 3,750,139 995,666
13.4
13.2
13.0
13.0
12.9
37.3
44.6
51.8
57.9
65.9
24.1
$0.4182
1.1%
0.64
1.49
0.95
34.9
$0.3863
1.7%
0.74
1.48
1.09
47.7
$0.3664
2.7%
0.80
1.54
1.22
61.0
$0.3504
3.2%
0.83
1.61
1.32
74.1
$0.3430
3.2%
0.85
1.68
1.42
92.3
$0.3337
2.8%
0.90
1.76
1.58
63-70
Overall
126
6,251
245,402 12,372,376
13.2
13.0
73.6
53.9
48.0
105.6
66.3
$0.3510 $0.3509
4.4%
3.0%
0.91
0.83
1.78
1.64
1.61
1.36
biggest driver of results
need to control for DOF if indexing closeouts
mortality goes up with more DOF
ADG, FCR, ADFI are growth curve effects

7. Benchmarking Nursery Closeouts by Mortality %
Average Mortality %
< 1%
1-2%
2-3%
3-4%
4-5%
5-6%
6-7%
944
1,780
1,385
839
442
268
142
No. Closeouts
1,765,416 3,493,162 3,039,336 1,808,521 854,449 499,758 202,028
No. Pigs
13.3
13.1
13.1
12.9
12.9
12.9
12.6
Start Wt
52.8
55.4
55.3
54.7
53.7
52.6
49.9
Out Wt
45.1
48.2
48.7
49.0
49.2
49.2
48.6
Avg DOF
64.6
68.8
68.0
67.4
65.4
64.9
60.5
Lb Feed/Pig
$0.3476 $0.3365 $0.3430 $0.3501 $0.3614 $0.3705 $0.3869
Cost/Lb Gain
0.67%
1.48%
2.45%
3.44%
4.44%
5.44%
6.43%
Mortality %
0.86
0.86
0.85
0.84
0.81
0.78
0.74
ADG
1.61
1.62
1.62
1.64
1.63
1.68
1.66
FCR
1.39
1.40
1.38
1.36
1.32
1.30
1.22
ADFI
1,870
1,962
2,194
2,156
1,933
1,865
1,423
Avg Group Size
7-8%
102
189,297
12.8
49.1
48.7
59.8
$0.4076
7.45%
0.72
1.72
1.22
1,856
8-9%
84
153,057
12.9
51.6
50.3
64.6
$0.3785
8.50%
0.74
1.72
1.26
1,822
9-10%
56
630,043
12.8
47.8
48.4
58.6
$0.4103
9.47%
0.69
1.75
1.19
1,126
>= 10%
206
334,147
12.8
50.5
50.9
63.0
$0.4107
14.82%
0.69
1.78
1.22
1,622
Overall
6,295
12,461,844
13.0
54.1
48.2
66.7
$0.3508
3.03%
0.84
1.64
1.36
1,980
lighter start wt groups have higher mortality %
higher mortality groups have higher feed cost/lb gain
higher mortality groups have lower ADG, higher FCR, lower ADFI

8. NURSERY BENCHMARKING INSIGHTS
Feed cost/lb gain -- just as you'd expect
Group size effects? Huge variation in group size, not easy to see a pattern
No. of sow farm sources into nursery -- no effect
No. of fills -- no effect
Time to fill -- no effect
The Power of Organized Data™

9. Average performance for nursery [NUR], finishing [FIN], and single-stock wean-to-finish [W2F (SS)] closeouts for
groups closed January 1 through December 31, 2012. Weights are in lbs, costs are $USD.
No. Closeouts
No. Pigs
Start Wt
Out Wt
Avg DOF
Lb Feed/Pig
Cost/Lb Gain
Mortality %
ADG
FCR
ADFI
Avg Group Size
% Mkt Sales
% SubStnd Sales
Feed cost/ton
Corn cost/bu
NUR
6,295
12,461,844
13
54
48
67
$0.3508
3.0%
0.84
1.64
1.36
1,980
$432.17
$6.44
FIN
7,405
13,946,859
55
270
120
612
$0.4106
4.1%
1.80
2.92
5.25
1,883
90.2%
1.84%
$281.13
$6.38
SS W2F
1,476
2,822,284
13.5
270
163
661
$0.3652
5.9%
1.57
2.64
4.12
1,915
89.0%
2.60%
$294.50
$6.55

10. WEAN-TO-FINISH BENCHMARKING INSIGHTS
MetaFarms 2012 Benchmarking Single-Stock Wean-to-Finish Closeouts -- Percentiles Across CLOS
1,476 Closeouts; 2,822,284 Pigs
Percentiles
10
Start Wt
Out Wt
Avg DOF
Lb Feed/Pig
Cost/Lb Gain
Mortality %
ADG
FCR
ADFI
% Mkt Sales
% SubStnd Sales
Feed cost/ton
Corn cost/bu
Group Size
20
30
40
50
60
70
80
90
12.0
235
148
596
$0.4497
13.9%
1.32
2.82
3.83
67.0%
4.80%
$319.00
12.4
241
154
616
$0.4192
8.7%
1.36
2.82
3.83
74.0%
3.80%
$308.00
$6.81
1,342
12.8
242
157
634
$0.3959
8.3%
1.43
2.81
3.95
76.0%
3.60%
$301.00
$6.66
1,439
12.8
258
161
649
$0.3928
7.8%
1.49
2.74
4.01
88.0%
3.60%
$300.00
$6.38
1,528
13.5
265
163
664
$0.3916
6.4%
1.56
2.65
4.04
89.0%
1.60%
$293.00
$6.36
2,163
14.0
270
166
678
$0.3881
6.1%
1.59
2.52
4.07
92.0%
1.20%
$281.00
$6.30
2,255
14.0
271
169
693
$0.3719
5.2%
1.60
2.50
4.37
92.0%
0.00%
$280.00
$6.16
2,383
15.0
273
173
709
$0.3679
4.6%
1.64
2.48
4.48
93.0%
0.00%
$273.00
$6.10
2,666
15.0
287
178
727
$0.3596
4.0%
1.66
2.45
4.55
94.0%
0.00%
$269.00
1,243
3,455

11. WEAN-TO-FINISH BENCHMARKING INSIGHTS
What’s the effect of Start Weight?
The Power of Organized Data™

12. WEAN-TO-FINISH BENCHMARKING INSIGHTS
MetaFarms 2012 Benchmarking Single-Stock Wean-to-Finish Closeouts by Start Weight
1,476 Closeouts; 2,822,284 Pigs
No. Closeouts
No. Pigs
Start Wt
Out Wt
Avg DOF
Lb Feed/Pig
Cost/Lb Gain
Mortality %
ADG
FCR
ADFI
% Mkt Sales
% SubStnd Sales
Feed cost/ton
Corn cost/bu
Group Size
10-11 lb
33
59,044
10.6
266
167
659
$0.3631
7.3%
1.52
2.64
4.00
85.8%
3.10%
$279.70
$6.30
1,789
11-12 lb
122
239,894
11.6
266
164
649
$0.3746
6.6%
1.55
2.61
4.03
88.7%
2.60%
$298.40
$6.48
1,966
12-13 lb
445
928,022
12.4
269
164
658
$0.3631
6.2%
1.57
2.61
4.09
89.1%
2.50%
$294.10
$6.51
2,085
13-14 lb
370
757,151
13.5
270
163
665
$0.3595
5.7%
1.58
2.66
4.15
90.2%
2.30%
$295.00
$6.56
2,046
14-15 lb
279
491,600
14.4
270
163
666
$0.3693
5.6%
1.57
2.66
4.13
89.9%
3.10%
$298.60
$6.63
1,762
15-16 lb
156
258,591
15.4
271
163
664
$0.3791
5.8%
1.57
2.66
4.17
88.8%
2.30%
$298.60
$6.64
1,658
> 16 lb
58
75,133
16.5
273
160
656
$0.3604
5.7%
1.61
2.62
4.22
90.4%
2.50%
$279.90
$6.73
1,318
Overall
1,476
2,821,230
13.5
270
163
661
$0.3653
5.9%
1.57
2.64
4.12
89.4%
2.60%
$294.50
$6.55
1,913

13. WEAN-TO-FINISH BENCHMARKING INSIGHTS
What’s the effect of Days on Feed?
The Power of Organized Data™

14. WEAN-TO-FINISH BENCHMARKING INSIGHTS
MetaFarms 2012 Benchmarking Single-Stock Wean-to-Finish Closeouts by DOF
1,476 Closeouts; 2,822,284 Pigs
No. Closeouts
No. Pigs
Start Wt
Out Wt
Avg DOF
Lb Feed/Pig
Cost/Lb Gain
Mortality %
ADG
FCR
ADFI
% Mkt Sales
% SubStnd Sales
Feed cost/ton
Corn cost/bu
Group Size
< 140
31
48,052
14.2
253
137
578
$0.3524
3.0%
1.74
2.43
4.21
82.7%
2.1%
$290.50
$6.43
1,550
140-150
178
300,195
13.4
266
146
622
$0.3808
3.6%
1.73
2.48
4.23
89.7%
2.8%
$302.10
$6.52
1,686
150-160
347
646,506
13.6
268
156
649
$0.3739
4.7%
1.63
2.57
4.17
90.3%
3.1%
$297.40
$6.54
1,863
160-170
512
970,800
13.5
271
165
670
$0.3778
6.0%
1.56
2.66
4.12
89.6%
2.5%
$294.60
$6.62
1,896
170-180
288
602,112
13.4
272
174
689
$0.3410
7.7%
1.48
2.73
4.05
89.1%
2.4%
$286.50
$6.50
2,091
> 180
107
235,432
12.8
275
186
706
$0.3212
8.8%
1.40
2.83
4.03
88.5%
1.4%
$290.50
$6.50
2,200
Overall
1,476
2,821,230
13.5
270
163
661
$0.3653
5.9%
1.57
2.64
4.12
89.4%
2.6%
$294.50
$6.55
1,913

15. FINISHING GROUPS BENCHMARKING INSIGHTS
The Power of Organized Data™

16. Average performance for nursery [NUR], finishing [FIN], and single-stock wean-to-finish [W2F (SS)] closeouts for
groups closed January 1 through December 31, 2012. Weights are in lbs, costs are $USD.
No. Closeouts
No. Pigs
Start Wt
Out Wt
Avg DOF
Lb Feed/Pig
Cost/Lb Gain
Mortality %
ADG
FCR
ADFI
Avg Group Size
% Mkt Sales
% SubStnd Sales
Feed cost/ton
Corn cost/bu
NUR
6,295
12,461,844
13
54
48
67
$0.3508
3.0%
0.84
1.64
1.36
1,980
$432.17
$6.44
FIN
7,405
13,946,859
55
270
120
612
$0.4106
4.1%
1.80
2.92
5.25
1,883
90.2%
1.84%
$281.13
$6.38
SS W2F
1,476
2,822,284
13.5
270
163
661
$0.3652
5.9%
1.57
2.64
4.12
1,915
89.0%
2.60%
$294.50
$6.55

17. FINISHING GROUPS BENCHMARKING INSIGHTS
MetaFarms 2012 Percentile Distributions Across CLOSEOUTS for Line Items Reported on Finishing Group Close
5
No. Closeouts
No. Pigs
Start Wt
Out Wt
Avg DOF
Lb Feed/Pig*
Cost/Lb Gain
Mortality %
ADG
FCR
ADFI
Avg Group Size
% Mkt Sales
% SubStnd Sales
Feed cost/ton
Corn cost/bu
lo - hi
lo - hi
hi - lo
hi - lo
hi - lo
hi - lo
lo - hi
hi - lo
hi - lo
lo - hi
lo - hi
hi - lo
hi - lo
hi - lo
10
20
30
40
36
245
145
718
$0.5390
9.2%
1.52
3.56
6.36
350
75.6%
6.25%
$355.72
$7.40
40
253
139
705
$0.5044
7.3%
1.58
3.33
6.02
575
83.1%
4.53%
$337.88
$7.06
45
259
132
680
$0.4645
5.7%
1.66
3.17
5.74
990
87.9%
3.01%
$314.78
$6.70
48
264
128
656
$0.4416
4.8%
1.71
3.08
5.57
1,090
90.4%
2.26%
$302.63
$6.56
51
267
124
636
$0.4235
4.1%
1.76
3.01
5.43
1,257
92.1%
1.71%
$289.24
$6.45
Percentiles
50
60
70
80
90
95
54
270
120
619
$0.4084
3.5%
1.81
2.94
5.30
1,360
93.5%
1.26%
$277.98
$6.33
58
273
116
602
$0.3938
3.0%
1.85
2.88
5.16
2,041
94.6%
0.80%
$267.76
$6.20
61
277
112
584
$0.3808
2.6%
1.90
2.80
5.00
2,219
95.4%
0.33%
$258.72
$6.09
64
281
108
564
$0.3686
2.2%
1.95
2.72
4.83
2,565
96.2%
0.09%
$249.78
$5.98
70
287
103
535
$0.3521
1.6%
2.02
2.56
4.59
3,992
97.0%
0.00%
$238.84
$5.80
76
292
99
500
$0.3369
1.3%
2.10
2.42
4.38
4,370
97.6%
0.00%
$230.19
$5.47
* Lb Feed/Pig includes only the Finishing phase; it does not include Nursery feed/pig
read across the rows NOT down the columns
use these to create a report card for your company
DON'T use these to create report cards for individual closeouts

18. FINISHING GROUPS BENCHMARKING INSIGHTS
What’s the effect of Start Weight?

19. FINISHING GROUPS BENCHMARKING INSIGHTS
MetaFarms 2012 Benchmarking Finishing Closeouts by Start Weight
(excludes 57 closeouts @ < 30 lb and 257 @ > 80lb start wt)
Average Start Weight (lbs)
No. Closeouts
% of Closeouts
No. Pigs
Out Wt
Avg DOF
Lb Feed/Pig
Cost/Lb Gain
Mortality %
ADG
FCR
ADFI
Avg Group Size
% Mkt Sales
% SubStnd Sales
Feed cost/ton
Corn cost/bu
30 -35
245
35 - 40
471
371,431
269
134
603
$0.3905
4.6%
1.76
2.62
4.64
1,516
90.9%
2.00%
$297.40
$6.34
812,255
269
133
616
$0.3950
4.8%
1.75
2.72
4.75
1,725
90.8%
2.00%
$291.01
$6.34
40 - 45
790
45 - 50
1,138
1,491,362 2,316,717
271
271
130
127
626
632
$0.4092
$0.4147
4.7%
4.5%
1.75
1.76
2.84
2.92
4.96
5.11
1,888
2,036
90.8%
91.4%
1.74%
1.79%
$286.38
$284.17
$6.38
$6.42
50 - 55
1,127
55 - 60
1,148
2,126,934
271
122
629
$0.4101
4.3%
1.78
2.94
5.24
1,887
91.4%
1.83%
$278.58
$6.35
2,191,820
268
115
612
$0.4142
3.9%
1.82
2.96
5.39
1,909
90.1%
1.83%
$280.01
$6.41
60 - 65
1,045
65 - 70
628
70 - 75
344
75 - 80
157
2,058,641 1,191,342 609,998
269
268
269
112
110
108
606
592
585
$0.4153
$0.4124 $0.4094
3.6%
3.6%
3.6%
1.85
1.84
1.85
2.98
2.99
3.01
5.49
5.48
5.51
1,970
1,897
1,773
89.9%
88.2%
89.5%
1.79%
1.97%
1.95%
$278.66
$275.66 $271.01
$6.36
$6.38
$6.37
380,092
271
106
576
$0.4132
3.6%
1.85
3.01
5.56
1,784
89.3%
2.16%
$274.39
$6.36

20. FINISHING GROUPS BENCHMARKING INSIGHTS
What’s the effect of Days on Feed?

21. FINISHING GROUPS BENCHMARKING INSIGHTS
MetaFarms 2012 Benchmarking Finishing Closeouts by Average Days-on-Feed (DOF)
(excludes 153 closeouts @ < 90 DOF and 120 @ > 150 DOF)
Average DOF
No. Closeouts
% of Closeouts
No. Pigs
Start Wt
Out Wt
Lb Feed/Pig
Cost/Lb Gain
Mortality %
ADG
FCR
ADFI
Avg Group Size
% Mkt Sales
% SubStnd Sales
Feed cost/ton
Corn cost/bu
90 - 100 110 - 110 110 - 120 120 - 130 130 - 140
375
1,471
1,820
1,857
1,163
657,038
70
263
545
$0.4061
2.6%
1.99
2.86
5.67
1,752
86.2%
2.44%
$283.64
$6.34
2,891,579 3,401,074 3,454,080
63
57
50
268
269
271
591
609
628
$0.4104
$0.4111
$0.4081
3.1%
3.8%
4.5%
1.91
1.83
1.76
2.93
2.92
2.90
5.57
5.34
5.08
1,966
1,869
1,860
91.2%
92.3%
91.5%
1.90%
1.85%
1.76%
$279.53
$280.30
$281.68
$6.39
$6.50
$6.30
2,311,352
46
272
645
$0.4176
5.1%
1.67
2.95
4.93
1,987
90.4%
1.58%
$286.01
$6.41
140 - 150
391
Overall
7,077
784,231
44
276
665
$0.4098
6.0%
1.60
3.01
4.83
2,006
89.3%
1.80%
$273.83
$6.33
13,499,354
55
270
615
$0.4109
4.1%
1.80
2.92
5.24
1,907
91.1%
1.80%
$281.25
$6.39

22. BENCHMARKING 2012 CLOSEOUTS
Use the distributions to do “report cards” for your
company and each closeout or set of closeouts (by
grower, by supervisor, by genetics, etc.)
The Power of Organized Data™

23. MetaFarms 2012 Benchmarking Finishing Group Closeouts by Company
sorted on Average Days on Feed (DOF) from shortest to longest
80
6,860
1,932
13,252,148
54.5
271.0
120.0
Company
Size
Cat*
No.
Closeouts
Group
Size
No. Pigs
Start
Wt
Out Wt
Avg
DOF
77212
76099
79803
27928
12693
12267
26685
13191
84362
73268
51445
96767
52246
28210
58212
18847
78339
51945
56705
29503
21866
55811
5
1
3
4
6
6
2
3
6
6
6
2
6
1
3
2
2
5
5
5
1
2
83
8
29
42
158
143
11
22
348
185
342
17
407
8
28
19
14
88
68
82
1
14
660
1,689
335
1,917
3,054
1,969
1,109
1,064
2,123
1,254
2,196
849
2,060
1,061
686
513
790
956
1,420
1,225
4,375
1,002
54,784
13,511
9,727
80,507
482,461
281,509
12,195
23,412
738,949
232,069
750,872
14,426
838,488
8,485
19,220
9,738
11,058
84,102
96,565
100,459
4,375
14,027
64.2
66.9
76.3
62.5
63.1
55.8
64.5
68.1
64.7
58.0
60.4
57.9
60.4
60.6
60.4
81.0
58.1
56.5
57.0
57.9
42.8
50.7
271.6
276.1
266.2
266.7
266.7
266.8
267.7
271.8
264.2
266.7
268.6
270.6
275.4
272.2
268.2
287.2
266.8
265.6
263.1
266.2
274.1
264.9
102.1
104.3
105.5
106.2
106.4
107.0
107.5
107.8
107.9
108.1
108.6
109.0
110.8
111.0
111.8
112.1
112.7
113.0
113.2
113.4
113.5
114.0
616.2
$0.4058
4.0%
Lb
Cost/Lb Mortality
Feed/Pig
Gain
%
604.2
617.7
499.7
544.1
568.9
577.3
572.5
592.3
593.8
557.3
605.9
571.9
644.1
626.5
559.2
623.5
591.5
601.1
591.9
590.9
534.6
563.6
$0.4520
$0.4371
$0.3668
$0.4252
$0.4399
$0.4057
$0.4667
$0.4821
$0.3813
$0.3617
$0.3859
$0.3938
$0.4288
$0.4143
$0.3831
$0.4751
$0.3949
$0.4570
$0.4448
$0.3998
$0.3295
$0.4446
2.2%
2.4%
2.0%
2.6%
3.1%
1.5%
3.1%
2.9%
3.6%
2.8%
3.1%
1.7%
3.9%
1.3%
3.7%
3.5%
3.2%
2.5%
3.3%
3.8%
2.3%
2.3%
1.80
2.92
5.25
92.8%
ADG
FCR
ADFI
% Mkt
Sales
2.02
1.98
1.85
1.95
1.88
1.96
1.86
1.87
1.84
1.93
1.90
1.94
1.91
1.90
1.85
1.81
1.85
1.84
1.81
1.85
2.03
1.87
2.95
2.98
2.80
2.69
2.84
2.75
2.85
3.01
3.05
2.71
2.94
2.71
3.04
2.97
2.72
3.08
2.92
2.90
2.90
2.80
2.32
2.79
5.87
5.91
5.26
5.26
5.34
5.38
5.31
5.61
5.57
5.23
5.59
5.26
5.79
5.65
5.03
5.55
5.38
5.32
5.21
5.22
4.71
5.09
93.5%
95.1%
90.8%
96.1%
94.0%
94.7%
94.3%
94.4%
92.9%
90.0%
95.2%
95.0%
94.4%
98.2%
94.5%
95.5%
93.9%
96.5%
95.8%
94.1%
96.6%
95.7%
1.8%
$279
$6.44
%
Feed
Corn
SubStnd
cost/ton cost/bu
Sales
1.9%
$306.60 $6.38
1.7%
$292.72 $6.26
0.0%
$262.36
1.3%
$315.82
2.8%
$310.20
3.7%
$295.30 $6.32
0.0%
$327.48 $6.36
0.7%
$320.38
2.5%
$247.15
6.8%
$267.56 $5.89
1.4%
$263.21
2.7%
$291.22 $6.62
0.3%
$282.80
0.5%
$278.92 $6.25
1.8%
$281.15 $6.22
0.2%
$313.76 $6.71
2.7%
$271.70 $5.75
1.0%
$316.55 $6.60
0.6%
$309.17 $6.77
1.7%
$280.98 $6.35
1.1%
$283.95 $6.50
1.2%
$313.64 $6.91

24. Creating a
report card
for your
COMPANY
90
80
Start Wt
Out Wt
DOF
Lb Feed/Pig
Cost/Lb Gain
Mortality %
ADG
FCR
ADFI
Company
61.3
263.4
117.1
621.4
$0.4070
4.9%
1.70
3.13
5.32
Percentile
80
10
40
63
55
20
20
8
70
Percentiles
70
60
50
40
30
20
10
0

25. FINISHING GROUPS BENCHMARKING INSIGHTS
Is it possible to rank closeouts by grower?

26. FINISHING GROUPS – RANKING BY
GROWER
Many pork production companies organize quarterly ‘grower meetings’ where they present closeout performance numbers
and attempt to rank growers based on a combination of key performance factors. Here’s an example of a grower ranking report
for a production system with 54 growers, showing the Top 25% v. Bottom 25%. Same genetics, same building design, same feed
budget, same diets. ‘Grower’ is a risk factor for finishing closeout performance. The ‘jury is still out’ on whether you can truly
cause improvement in the Bottom 25%, i.e. bring them up to at least average performance levels.
Site
No.
Group
s
OVERALL
RANK
Pigs
Started
Start
Wt
Avg Out
Wt
Market
Sales as %
of Pigs Out
Mortalit
y%
ADG
FC
ADFI
A
B
C
D
E
F
G
H
I
J
K
L
24
12
24
24
24
24
24
24
12
6
12
20
1
2
3
4
5
6
7
8
9
10
11
12
15,730
15,839
31,690
26,033
31,668
26,550
31,778
26,863
15,885
2,435
15,824
21,944
41.3
49.5
40.1
49.4
41.6
49.2
42.5
41.6
41.6
45.2
40.3
45.9
291.4
272.5
268.0
266.5
277.7
268.3
276.1
266.3
282.1
273.4
270.0
278.1
97.48%
96.83%
96.16%
94.93%
96.18%
95.83%
96.69%
96.38%
97.24%
97.28%
97.14%
95.98%
1.8%
2.3%
3.0%
3.0%
3.0%
3.0%
2.3%
2.7%
2.0%
2.2%
2.1%
3.4%
1.92
1.92
1.85
1.85
1.86
1.85
1.84
1.84
1.91
1.90
1.85
1.85
2.31
2.40
2.41
2.42
2.44
2.43
2.44
2.38
2.43
2.41
2.41
2.44
4.46
4.60
4.45
4.48
4.54
4.50
4.50
4.39
4.64
4.58
4.46
4.52
130.0
116.5
123.2
117.3
126.0
118.6
126.4
121.3
125.4
119.8
124.1
124.5
RR
SS
TT
UU
VV
WW
XX
YY
ZZ
AAA
BBB
CCC
12
10
8
12
20
18
12
12
14
24
13
3
43
44
45
46
47
48
49
50
51
52
53
54
15,725
13,288
10,629
15,774
22,200
23,282
15,902
15,813
18,228
31,464
9,219
2,127
40.2
42.7
76.2
52.3
47.8
52.5
51.2
40.6
55.8
43.1
59.3
41.2
278.1
266.8
277.0
271.1
264.6
271.0
267.3
265.0
273.2
261.1
274.3
260.3
95.17%
95.41%
96.99%
96.10%
95.58%
95.88%
95.37%
95.77%
95.44%
93.48%
97.07%
95.41%
3.9%
3.0%
2.0%
2.8%
3.1%
2.9%
3.3%
2.9%
3.4%
4.2%
2.3%
3.4%
1.81
1.80
1.97
1.78
1.77
1.83
1.78
1.79
1.77
1.73
1.73
1.71
2.49
2.45
2.53
2.52
2.47
2.55
2.49
2.42
2.58
2.47
2.49
2.52
4.52
4.40
4.99
4.50
4.38
4.66
4.43
4.32
4.57
4.27
4.25
4.32
130.4
123.8
101.6
121.9
121.3
117.5
120.3
124.4
122.0
124.4
125.7
127.1
Avg
DOF

27. CHALLENGE OF MANAGING FLOW, SPACE & WEIGHT
Producer says, “we sell at a fixed
market wgt.”
But is it DOF or market wgt. ?
Optimizing total system
weight is more than
optimizing carcass weight
It’s about optimizing space
and time relative to total
weight produced
1

28. TODAY’S ‘BRUTE FORCE’ METHOD OF MANAGING
FLOW, SPACE & WEIGHT
12

29. STRUGGLING WITH MANAGING FLOWS, SPACE & WEIGHT
Cannot optimize carcass weight if half the pigs are
sold at least 30lbs too light!
Producer is leaving $12 per pig on the table for this
closeout
Planned closeout profit becomes loss due to
revenue miss
47% of the pigs
@ 249.7 + 25.9 SD
If we had enough lead time and ‘knew’ that this was likely to happen we could
make a decision to keep half the pigs – the slowest growing – on feed for a few
more weeks

30. LOGISTICS -- CHALLENGES OF SPACE, FLOW, & WEIGHT

31. THINK ‘PREDICTION FACTORS’ V. RISK
FACTORS

32. THINK ‘PREDICTION FACTORS’ V. RISK
FACTORS

33. THINK ‘PREDICTION FACTORS’ V. RISK
FACTORS

34. THINK ‘PREDICTION FACTORS’ V. RISK
FACTORS

35. THINK ‘PREDICTION FACTORS’ V. RISK
FACTORS

36. TOM’S CONCLUSIONS & QUESTIONS
•
Accept variation, manage for it
•
The only intervention that works (for the slower-growing ‘tier’ in a group) is TIME
•
True Wean-to-Finish system is the winner
•
It is possible to predict weights and weight distributions by Week-on-Feed
•
Q? Is it possible to improve the Bottom 25% of growers?
•
Q? What is the variation of closeout performance across production systems? Are there
systems with low variation, i.e. consistency of performance over many many closeouts? If
so, let’s study them!
•
Q? When placing a group of weaned pigs into a nursery or wean-to-finish site, what is
the threshold % of light pigs (e.g. < 10lb or < 9 lb or < 8lb) that tips performance down.
•
Q? Is ADG by Selling Groups by Week-on-Feed consistent, stable and predictable within
a production system?
•
Q? Where is the best place to intervene with TIME? Farrowing house? Nursery?
Finishing?

37. METAFARMS WHO WE ARE
• Founded in 2000
• Thomas E. Stein DVM, MS, PhD, Executive Chairman
• Chad Becker, President & CEO
• Web software as a service (SaaS)
• Multiple species – Swine, Beef, Poultry
• 20+% swine market share in North America and growing.
• Diverse, and global customer base that includes some of the
largest protein businesses in the world as well as some of the
smallest.

38. METAFARMS MISSION & VISION
Mission:
To provide organized data that empowers todays farmers to
responsibly feed the world.
Vision:
We will become the number one organizer of animal life
cycle data by helping farmers precisely understand their
production connecting them to the broader supply chain to
best meet global food needs.

39. METAFARMS MISSION
Provide organized data that empowers today’s farmers
to responsibly feed the world.
The Power of Organized Data™