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🔺5 profit points in pig farming business
1. Sale of live pigs: The primary source of income in pig farming is the sale of live pigs to processors, wholesalers, or retailers.
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2. Sale of pork meat: Pigs can be slaughtered and sold as pork meat, providing a higher profit margin due to added value.
3. Value-added products: Offering value-added products like sausages, bacon, ham, or pork-based delicacies can increase profit margins.
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4. Manure sales: Pig manure is a valuable organic fertilizer, and selling it to crop farmers or gardeners can generate extra income.
5. Sale of piglet breeders: Established pig farms can sell breeding stock to new or expanding farms, generating additional revenue and solidifying their reputation in the industry.
Additionally, pig farmers can also profit from:
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– Sale of hides and skins
– Sale of fat and oil for biofuel or industrial use
– Sale of bones and meat for pet food or animal feed
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