My freshman son is in FFA and raising a pig for the school district show and was approached by another students dad to buy his pig- the freezer sale price is $450 and we have been told that all pigs sell as it is a desirable animal
How does my son know how much to sell it for - estimated weight at show is about 280. My son wants to get a good value for his pig and he realizes he might be able to get more than the $450 in a presale since it has some interest.
I was thinking 280 x 70% dress weight and net weight of 70% would equal 137 lbs of take home weight. 137lbs x 6$ Per pound equals $823 being final retail price of meat. 823-450 is a lot of wiggle room for negotiation to add value to his pig. Do we worry about subtracting the kill fees and the processing fees?
I think mathematically we will have a small chance of being in the auction
200 pigs in show - 8 classes of pigs separated by weight only - so first 25 pigs in weight make up first class - only top 2 from each class go for reserve and grand champion honors - pigs ranging from 150-320 is the estimate.
This is my first time as a FFA dad as well so I am a little lost in this world. We have a lot more into this pig and I realize we will not get it all back unless it goes to auction. If pig goes to auction my son a can cancel this deal.
Can someone help us with this math?
I collect ticket stubs! looking for a 1944 orange bowl and 1981 independence bowl ticket stub as well as Aggie vs tu stubs - 1926 and below, 1935-1937, 1939-1944, 1946-1948, 1950, 1953, 1956-1957, 1959, 1960, 1963-1966, 1969-1970, 1973, 1974, 1980, 1984, 1990, 2004, 2008, 2010
. I remind my son do to things and tell him he needs a list ( month 4 and no list yet but he doesn't forget much.