Record Keeping in Commercial Pig Farming

Record Keeping in Commercial Pig Farming

The keeping of accuraterecords is absolutely essential for the success of any pig enterprise. The pigfarm records must be simple, reliable and relevant to enable you evaluating thefarm performance.

Importance of Record Keeping

It gives a clear picture ofthe type of operations, so that the exact degree of success can be measured.

Act as aids to management andfinancial control.

They are used to assess thestrength and weakness of a farm and to plan for future activities.

Records tell a pig producerwhat has been achieved.

They provide valuableinformation for decision making in order to increase productivity andprofitability of your farm.

They are helpful in healthprograms e.g. monitoring treatments and vaccination.

What to Record?

What you record will depend onyour needs and your capability to record information.

The number of recordsmaintained and the details recorded will vary according to individual needs andhow the information is to be used.

The records you choose to keepshould be related to the purpose you are going to use them for. Each recordshould have a specific objective and be used for that purpose.

Types of Farm Records

1. General administrativerecords.

2. Resource inventories

3. Production records.

4 Financial records.

General Administrative Records

These include personal records e.g. pay roll, record of visitors to the farm. By knowing the amount of labor required and timing of labor requirement, you can better plan what pig enterprises are feasible when faced with labor constraints on your farm.

Resource Inventory

This is a detailed list ofresources such as land, stock, workers, machinery, equipment and workingcapital.

Farmers must maintain current inventories so that they know the foundation from which they operate.

Record Keeping in Commercial Pig Farming

Production Records

These are technical recordsused to evaluate the performance of the pig enterprises and they include;

  1. Breeding records.

2. Health records.

3. Feeding records.

4. Number of pigs on the farm.

5.Performance records.

Financial Records

These are necessary forevaluation of the profitability of the pig enterprises and they include;

Sources documents.

Journals.

Ledgers.

Cash books etc.

Source Documents: These are documents where business transactions are first recorded and they include; invoices, delivery notes, receipts etc.

Journals: These are the first books in which information from source documents is transferred.

Ledgers: These are used to summarize and classify information received from journals.

Cash Book: This is a special record that summarizes and classifies all cash transaction on the farm.

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