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Introduction to Catfish Economics

Introduction to Catfish Economics . Matt Parker NCDA & CS Aquaculture Business Specialist. Assumptions. Land is already owned Fixed costs NOT included Stock 6000 fingerlings per acre Size at harvest 1.5 lbs. Feed conversion ratio 2.0:1 Survival 80% Zero sales first year

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Introduction to Catfish Economics

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

  2. Assumptions • Land is already owned • Fixed costs NOT included • Stock 6000 fingerlings per acre • Size at harvest 1.5 lbs. • Feed conversion ratio 2.0:1 • Survival 80% • Zero sales first year • Sales price of $0.55/lb • Each pond is 10 acres

  3. Initial Investment

  4. First Year of Operation

  5. Years 2 and Beyond

  6. Years 2 and Beyond

  7. Catfish Summary • Economies of scale • Larger your size, the smaller your production cost per pound • Larger farms are more profitable • Need to have enough money to operate the first year with zero income from catfish

  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

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