Impact of Pork Production on the Local and Regional
Impact of Pork Production on the Local and Regional Economy
1
Your Investment. Your Future.
Agenda/Topics Covered
2
Our Mission Overview of our pork production operation Our economic impact of building and operating a new facility
Your Investment. Your Future.
Our Mission
3
Produce safe food Protect and promote animal well-being Ensure practices that protect public health Safeguard natural resources in all of our practices Provide a work environment that is safe and consistent with our other ethical principles Contribute to a better quality of life in our communities
Your Investment. Your Future.
Our Operation (Finishing)
4
Cy Fans, Inc. is our family farm that has been in business for 25 years Located in Cys Roost, Iowa Currently farm 1,000 acres of corn and soybeans and have a 1,200 head wean to finish hog operation
Your Investment. Your Future.
Our Operation (New Finishing)
5
Cyclone Fans, Inc. would like to expand our hog operation, Cyclone Pigs, by building a new finishing facility to hold 0,000 hogs Facility will be located adjacent to our current finishing barn
Your Investment. Your Future.
Our Operation (Existing Finishing)
6
In 0000 Cyclone Fans, Inc. expanded our hog operation, Cyclone Pigs, by building a new finishing facility to hold 0000 hogs Facility is located adjacent to our farmstead
Your Investment. Your Future.
Our Operation (Breeding Herd)
7
Cy Fans, Inc. is our family farm that has been in business for 25 years Located in Cys Roost, Iowa Currently farm 2,000 acres of corn and soybeans and have a 1,000 head sow operation Your Investment. Your Future.
Our Operation (New Breeding Herd)
8
Cyclone Fans, Inc. would like to expand our hog operation, Cyclone Sows, by building a new farrowing facility to handle 0,000 sows Facility will be located adjacent to our current farrowing barn
Your Investment. Your Future.
Our Operation (Existing Breeding Herd)
9
In 0000 Cyclone Fans, Inc. expanded our hog operation, Cyclone Sows, by building a new farrowing facility to handle 0000 sows Facility is located adjacent to our farmstead
Your Investment. Your Future.
Economic Impact (finishing)
Total construction cost: $600,000
Activity
Local Impact
Regional Impact
Building construction
$381,300
$218,700
Total gross income remaining in economy (annually)
$156,669
$702,240
Interest paid to financial institutions (annually) Amount paid to feed supplier (annually)
$26,252
$6,588
$1,843
$16,584
Total annual expenses that add to economy $275,577 10
$355,231 Your Investment. Your Future.
Economic Impact (Breeding Herd)
Total construction cost: $3,955,200
Activity
Local Impact
Regional Impact
Building construction
$2,733,043 $1,222,157
Total gross income remaining in economy (annually)
$2,150,291 $0
Interest paid to financial institutions $78,333 (annually) Amount paid to feed supplier (annually) $12,770
$19,583
Total annual expenses that add to economy
$731,482
11
$838,779
$12,770
Your Investment. Your Future.
Our Promise
12
Your Investment. Your Future.
Questions?
13
Your Investment. Your Future.
1
Your Investment. Your Future.
Agenda/Topics Covered
2
Our Mission Overview of our pork production operation Our economic impact of building and operating a new facility
Your Investment. Your Future.
Our Mission
3
Produce safe food Protect and promote animal well-being Ensure practices that protect public health Safeguard natural resources in all of our practices Provide a work environment that is safe and consistent with our other ethical principles Contribute to a better quality of life in our communities
Your Investment. Your Future.
Our Operation (Finishing)
4
Cy Fans, Inc. is our family farm that has been in business for 25 years Located in Cys Roost, Iowa Currently farm 1,000 acres of corn and soybeans and have a 1,200 head wean to finish hog operation
Your Investment. Your Future.
Our Operation (New Finishing)
5
Cyclone Fans, Inc. would like to expand our hog operation, Cyclone Pigs, by building a new finishing facility to hold 0,000 hogs Facility will be located adjacent to our current finishing barn
Your Investment. Your Future.
Our Operation (Existing Finishing)
6
In 0000 Cyclone Fans, Inc. expanded our hog operation, Cyclone Pigs, by building a new finishing facility to hold 0000 hogs Facility is located adjacent to our farmstead
Your Investment. Your Future.
Our Operation (Breeding Herd)
7
Cy Fans, Inc. is our family farm that has been in business for 25 years Located in Cys Roost, Iowa Currently farm 2,000 acres of corn and soybeans and have a 1,000 head sow operation Your Investment. Your Future.
Our Operation (New Breeding Herd)
8
Cyclone Fans, Inc. would like to expand our hog operation, Cyclone Sows, by building a new farrowing facility to handle 0,000 sows Facility will be located adjacent to our current farrowing barn
Your Investment. Your Future.
Our Operation (Existing Breeding Herd)
9
In 0000 Cyclone Fans, Inc. expanded our hog operation, Cyclone Sows, by building a new farrowing facility to handle 0000 sows Facility is located adjacent to our farmstead
Your Investment. Your Future.
Economic Impact (finishing)
Total construction cost: $600,000
Activity
Local Impact
Regional Impact
Building construction
$381,300
$218,700
Total gross income remaining in economy (annually)
$156,669
$702,240
Interest paid to financial institutions (annually) Amount paid to feed supplier (annually)
$26,252
$6,588
$1,843
$16,584
Total annual expenses that add to economy $275,577 10
$355,231 Your Investment. Your Future.
Economic Impact (Breeding Herd)
Total construction cost: $3,955,200
Activity
Local Impact
Regional Impact
Building construction
$2,733,043 $1,222,157
Total gross income remaining in economy (annually)
$2,150,291 $0
Interest paid to financial institutions $78,333 (annually) Amount paid to feed supplier (annually) $12,770
$19,583
Total annual expenses that add to economy
$731,482
11
$838,779
$12,770
Your Investment. Your Future.
Our Promise
12
Your Investment. Your Future.
Questions?
13
Your Investment. Your Future.
