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Introduction to Freshwater Prawn Economics

Introduction to Freshwater Prawn Economics . Matt Parker NCDA & CS Aquaculture Business Specialist. Assumptions. Land is already owned Fixed costs NOT included Stocking density of 10,000 prawns/acre Size at harvest 0.1 lbs. Feed conversion ratio 2.5:1 Survival 72%

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Introduction to Freshwater Prawn Economics

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

  2. Assumptions • Land is already owned • Fixed costs NOT included • Stocking density of 10,000 prawns/acre • Size at harvest 0.1 lbs. • Feedconversion ratio 2.5:1 • Survival 72% • Sales price of $6.00/lb whole • Each pond is 2 acres

  3. Initial Investment

  4. Operational Expenses

  5. Financial Summary

  6. Freshwater Prawn Summary • Economies of scale • Larger farms more profitable • Income in first year • Markets • Where are you going to sell that many prawns at once? • Fixed costs could double break even price

  7. 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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