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Introduction to Freshwater Prawn Economics

Explore freshwater prawn economics and learn about initial investment, operational expenses, and financial summary to optimize your farm's profitability. Discover key assumptions, economies of scale, and market considerations for success in your aquaculture business.

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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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