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Table 4 Mean ± standard deviation (SD) and the associated 90% confidence interval (CI, 5 to 95%), minimum and maximum annual gross margin and net profit in farmsa with different prevalence of pleurisy and lung scars on slaughter pigs. Results were obtained during the risk analysis by performing stochastic simulation analysis by Monte Carlo sampling with 10,000 iterations (‘farms’) using the Microsoft Excel add-in @Risk [44]

From: A bio-economic simulation study on the association between key performance indicators and pluck lesions in Irish farrow-to-finish pig farms

Variable

€ per year

€ per pig

€ per kg

LPLSCb

LPHSCc

HPd

LPLSC

LPHSC

LP

LPLSC

LPHSC

HP

Gross margin, €

 Mean

978,020

883,579

846,131

51.1

47.2

45.2

0.61

0.57

0.54

 SD

73,587

89,923

52,997

1.8

2.1

1.7

0.02

0.02

0.02

 5% CI

861,044

740,681

761,039

48.1

43.8

42.4

0.58

0.53

0.51

 95% CI

1,101,716

1,035,199

935,183

54.1

50.4

48.1

0.65

0.61

0.57

 Minimum

730,977

571,026

657,281

43.7

38.0

38.2

0.53

0.46

0.46

 Maximum

1,267,410

1,191,485

1,069,961

58.5

55.3

52.0

0.70

0.67

0.62

Net profit, €

 Mean

312,902

218,461

181,014

16.2

11.4

9.6

0.20

0.14

0.11

 SD

73,587

89,923

52,997

3.1

4.1

2.6

0.04

0.05

0.03

 90% CI

195,926-436,598

75,563-370,082

95,921-270,066

10.1–21.2

4.5–17.9

5.4–13.8

0.13–0.26

0.05–0.21

0.06–0.16

 Minimum

65,860

−94,091

− 7836

4.0

−6.3

−0.5

0.05

−0.08

−0.01

 Maximum

602,293

526,367

404,843

27.1

24.4

19.6

0.33

0.29

0.23

  1. a728 sow farrow-to-finish farms with weekly farrowing batches were simulated to represent three different scenarios. A total of 10,000 iterations (i.e. farms) were simulated for each scenario. At each iteration, all stochastic input variables (i.e. biological inputs, feedstuff and pork prices) varied simultaneously by randomly sampling a new set of values for each variable from their corresponding distributions. Additionally, gross margins and net profit were calculated for each iteration
  2. bScenario 1: a farrow-to-finish farm with prevalence of pleurisy < 25% and prevalence of lung scars < 8% with a wean-to-finish average daily gain (ADG) of 760 g and reaching target slaughter weight at 24 weeks of age
  3. cScenario 2: a farrow-to-finish farm with prevalence of pleurisy < 25% and prevalence of lung scars ≥8% (LPHSC) with an ADG of 725 g and reaching target slaughter weight at 25 weeks of age
  4. dScenario 3: a farrow-to-finish farm with prevalence of pleurisy ≥25% (HP) with and ADG of 671 g and reaching target slaughter weight at 26 weeks of age