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Impact of Pork Production on the Local and Regional Economy [enter date of presentation here and/or name of who is presenting] [Instructions on how to.

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Presentation on theme: "Impact of Pork Production on the Local and Regional Economy [enter date of presentation here and/or name of who is presenting] [Instructions on how to."— Presentation transcript:

1 Impact of Pork Production on the Local and Regional Economy [enter date of presentation here and/or name of who is presenting] [Instructions on how to customize this presentation are provided in notes section for each slide]

2 Agenda/Topics Covered Our Mission Overview of our pork production operation Our economic impact of building and operating a new facility

3 Our Mission 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

4 Our Operation (Finishing) 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

5 Our Operation (New Finishing) 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

6 Our Operation (Existing Finishing) 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

7 Our Operation (Breeding Herd) 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

8 Our Operation (New Breeding Herd) 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

9 Our Operation (Existing Breeding Herd) 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

10 Economic Impact (finishing) Total construction cost: $600,000 ActivityLocal 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) $26,252$6,588 Amount paid to feed supplier (annually)$1,843$16,584 Total annual expenses that add to economy $275,577$355,231

11 n Total construction cost: $3,955,200 Economic Impact (Breeding Herd) ActivityLocal 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 (annually) $78,333$19,583 Amount paid to feed supplier (annually)$12,770 Total annual expenses that add to economy $838,779$731,482

12 Our Promise

13 Questions?


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