1 / 8

Introduction to Crawfish Economics

Introduction to Crawfish Economics . Matt Parker NCDA & CS Aquaculture Business Specialist. Assumptions. Land is already owned Fixed costs NOT included Initial stocking density of 75 lbs crawfish/acre Harvest of 650 lbs/acre Zero sales first year Sales price of $2.50/lb

quinn-hicks
Télécharger la présentation

Introduction to Crawfish Economics

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Introduction to Crawfish Economics Matt Parker NCDA & CS Aquaculture Business Specialist

  2. Assumptions • Land is already owned • Fixed costs NOT included • Initial stocking density of 75 lbs crawfish/acre • Harvest of 650 lbs/acre • Zero sales first year • Sales price of $2.50/lb • Each pond is 10 acres • 20 traps/acre

  3. Initial Investment

  4. First Year of Operation

  5. Years 2 and Beyond

  6. Years 2 and Beyond

  7. Crawfish Summary • Economies of scale • Larger farms are more profitable • Need to have enough money to operate the first year with zero income from crawfish • Can be very profitable as supplemental income • Where are you going to sell them? • Fixed cost can triple production costs

  8. Further Assistance and Information • NCDA & CS Publications and Staff • http://www.ncagr.com/aquacult/pubs.html • Matt Parker • NC Cooperative Extension Service • Mike Frinsko and Steve Gabel • Other Farmers • Aquanic • http://www.aquanic.org

More Related