Growing fish is probably a new experience for many people and there is much to be learned regarding the needs of the fish species chosen for production, water quality, feeds, harvest, and marketing requirements. It takes a while to establish lucrative retail or direct markets, but the profit margins are so much better than wholesale markets that the fish farmer should make a determined effort to sell as many fish as possible in this manner before resorting to a wholesale marketing strategy. Aquaculture is not an enterprise that will save a farmer who is already financially distressed. A harvest cycle can be attained to provide fish for 6 to 8 months of the year. A hatchery/fingerling production operation can do well with smaller acreages (10 acres and up), however, this kind of fish culture usually requires more technical knowledge and experience with fish than either fee fishing or food fish grow out enterprises. Large scale Catla fish culture is similar to other intensive animal enterprises in that it requires hard work, attention to details such as nutrition, health, and care of the aquatic animals, as well as making sound economic decisions. An extensive enterprise budget is the first step in such a plan and will certainly be required if the capital for the venture is borrowed. A farmer can usually market 3000 t o5000 lb of fish in this manner. Introduction to fish farming profit per acre and project report in India. However, for the formation of distinct three layers in pond ecology, a minimum depth of 6 feet is required. In reality it is difficult to find markets unless fish are available for sale; consequently, it is much easier to expand production and markets once fish have been sold and a reputation for a consistent quality product is established. Existing ponds can be used for fish culture but their use is often limited because they can not be drained or seined for an efficient harvest. Economics or profit in one acre of Catla fish farming; With a proper fish farming business plan, marketing strategy, one can make a good profit in an acre of fish farming. Save my name, email, and website in this browser for the next time I comment. Mr. Reddy was born in farmer's family and was into 'IT' profession where he was not happy with his activities. This includes minimal or shared equipment, low cost pond construction, feed and fingerlings. 100,000 per acre per year but with proper management, net profits of Rs. 150,000 per acre per year can be achieved. The most often asked question, "are there profits to be made in aquaculture?" Decided to come back to farming, agriculture sector as a Farmer and Writer. To assess the profitability of the fish farming business, let us list the main factors that may affect your profits so that you know how to handle them when you start a fish farm. As such working capital of about Rs. Our wild fish stocks are already depleted and oceans are overfished, so there is no choice but to raise fish to fill in the gap. It can be very frustrating and disheartening, if not economically disastrous, to find a pond full of dead fish after investing thousands of dollars and many hours of labor. Deep ponds are not an asset unless they are used as storage reservoirs to fill properly constructed fish ponds. The number of fish species depends, but it is sometimes upwards of six fish species in a single pond. There are numerous benefits of getting started with fish farming business some of which are stated as below; Farmers enjoy raising fish as livestock as it requires minimal land for a high profit. Initial start up costs about $3000/acre of water (does not include cost of land). Fish farming and associated industries have expanded through the 1980's and 90's. Rehabilitation Research and Training Center, Financial Statements for Fiscal Year 2017, Financial Statements for Fiscal Year 2016, Institutional Advancement and External Affairs, Langston University Foundation Scholarships, LANGSTON UNIVERSITY RECEIVES A $1,300,000 GRANT FROM THE US DEPARTMENT OF EDUCATION TO ENHANCE STUDENT SUPPORT SERVICES, LANGSTON UNIVERSITY WELCOMES THE HIGHEST ACADEMICALLY ACHIEVING INCOMING CLASS FOR THE FALL 2020 SEMESTER, 1890 UNIVERSITIES, ELECTED OFFICIALS, BUSINESS & COMMUNITY LEADERS TO CELEBRATE THE 130TH ANNIVERSARY OF MORRILL ACT OF 1890, Langston University and Oklahoma State University enter agreement regarding programs in Tulsa. Realize all kinds of fish farming, and understand the benefits of fish farming, let us know the actual profit of fish farming. The fourth method of fish farming is called an integrated recycling system which is considered the largest scale method of “pure” fish farming. On average, you should expect to sell about Rs. Stocking rates are based on surface acreage, not on pond volume. How long does it take for fish to grow or when do get a return on investment? Accurate record keeping. According to reports, an average independent crawfish farmer earns around $46,800 in gross revenue annually. Smooth bottomed ponds, designed for fish culture, cost from $2,000 to $3,000 per surface acre to construct. 1 acre = 4840 sq yards – 1 hectare = 2.5 acres approximately. Do you want to know how the number of crawfish that can be raised per acre? In case if you miss this: Tilapia Fish Farming in Aquaponics. Within the national and international platforms, the demand for fish farm market is also on the rise in the present time. Fish farming involves raising a variety of aquatic animals, such as fish, mollusks, and shrimp, etc., in an enclosure such as a tank or pond. Important aspects to consider are supply and demand, capital costs, operating costs, legal aspects, and production capabilities. Flat to gently sloping land is best. Training – Once you decide that fish farming is a profitable endeavor, it’s recommended that you work at an operating fishery to learn the ropes. High density tank or raceway fish culture using a relatively small amount of recirculating water, constant aeration, and filtration is a possibility as technologies improve; however, at the present time only highly experienced and well financed fish culturists have been consistently successful with these methods. You haven ’ t mention costing of TARPAULIN required for artificial tank the investment... The low summer level unless pumped water is available for various items renovation! 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2020 fish farming profit per acre