In case you didn’t know, raising pigs is a lucrative business in the Philippines. Sure, it will require a lot of your time and effort but if you work hard, the rewards are very much worth it.
So if you’re thinking of starting your own piggery business, read on and we’ll teach you the basics.
- Learn what the risks are.
As with all types of businesses, raising pigs also comes with certain risks. To begin with, pigs are vulnerable to different diseases that’s why it is important to be aware of their health and living conditions. Feeds usually cost big bucks too so you really have to invest on that as well. Of course, another factor to consider is the typhoons and floods that hit the country often.
- Determine which method works best for you.
With that out of the way, your next step is to determine which set up you are most comfortable with. This usually goes two ways.
First, you can either get young pigs which weigh at least 12 to 20 kg. You can sell them later once they reach 90 kg. Most of the time, starter pigs cost around Php 1,600 to Php 2,000 and it will take you about 3 months before they can be sold in the market.
Another option for you would be pig breeding which means you will purchase a sow (which costs at least Php 12,000). This will give birth to piglets after about 4 to 6 months.
- Comply with the business requirements.
Next, you should legalize your operations by submitting business requirements. This involves getting a business name registration, barangay clearance, Mayor’s Permit, License, and Sanitary permit, Tax Identification Number, and an Environmental Compliance Certificate.
Head over to the Department of Trade and Industry (DTI), the barangay hall, local government office, Bureau of Internal Revenue (BIR) and the Department of Environment and Natural Resources (DENR) offices. They would be able to help you out with the above-mentioned requirements.
- Observe location requirements.
Of course, it is likewise crucial that you comply with location requirements.
For instance, your piggery has to be located outside the proximity of urban areas and at least within the minimum 25-meter radius away from a water source. Additionally, medium and large-scale piggeries should be located at least 1,000 meters away from residential, industrial, institutional, and commercial areas.
- Attend a training.
Also, do get a training if you can find one in your area. This will give you an opportunity to ask your questions and concerns. You’ll have a greater understanding about what the business entails and how you can have a good system in place, such as having good housing and feeding schedule for your pigs.