Through the fish feed extruder we can use cheap local raw materials to produce high-quality fish feed, which may save feed costs. It is not easy to feed fish properly. In a day, each catfish should consume at least 1.5% of its weight. Of course, feed is the largest operating cost, we do not count expenses for a pond or a tank. Res. However, as fish feed demand increased, owing to the increase in the number of commercial fish farms, Tiger Feeds (a local livestock feed mill company) diversified its business to include fish feed as one of its products since 2000. A series of world oil price increases from 1973 produced rapid economic growth in transportation, construction, manufacturing, and government services. Accepted 26 January, 2014 A review of the culture of catfish of the family Claridae in Nigeria was carried out using secondary data. Ace farm Floating fish feed, Ibadan, Nigeria. The cost of 2000 Day Old chicks = 2000 x 200 = 400,000 400,000 : 00. If your fishes exceed 1kg in weight, and you’re able to get bigger feed sizes, then you can consider giving them 8mm, or even later 10mm, feed sizes. This is very important, because you cannot tell in the event of possible mortality in your farm, in the cause of production. Of course, feed is the largest operating cost, we do not count expenses for a pond or a tank. There are different types of feed for catfish. The feed must be carefully balanced. A crucial decision to be made is knowing the best fish feed to rear your catfish.. TRAINING AND CONSULTING . Cost of feed (as of March, 2020) for raising 1 tonne of catfish. Feeding machines Fish are particularly sensitive to inadequate feeding measures, but nutritional fish feed can be very expensive. I have two ponds and I still maintain them. The farm will be equipped with modern equipment & technology in order to ensure the quality of the final products. This can actually be achieved by ensuring that you feed your catfish with floating on daily basis or at most with a combination of floating and sinking feed. The cost of bore hole = N150,000. The cost of feed claims over half of the total budget for most fish farms. All catfish farmers complain bitterly about the cost of getting feeds for their stock of catfish. Fish farmers in Nigeria's commercial capital, Lagos, have had to scale back on production. Get Fish Feed Extruder Price Now! kindly help me to calculate the cost of feeding 2,000 pieces of fingerlings catfish per month, Read the current post again and compare with this post: https://divinefish.com.ng/wordpress/index.php/uncategorized/frequently-asked-questions-about-catfish-farming-in-nigeria/, Your email address will not be published. Miscelleneous – N5,000. Carp, mullet and snakehead were also produced as was a number of other fresh and brackish water species (Table 1). Course X: FISH FEED … The nation’s fish import bill gulped a whooping US 2.03 billion dollars in 2011, making Nigeria one of the largest importers of fish in the developing world (FAO, 2014). A 15kg bag can take 700 two month old fishes just 10 days! Catfish farming is here to stay in Nigeria. Under the initiative Agbelogode was given two earthen fish ponds, 2,000 catfish juveniles and 145 bags of fish feed to grow the fish stock from juvenile to table size and ₦15,000 (£32.97) for the first nine months. There is a fixed cost for young catfish, and you should know that. Finely ground meal and flour-type feeds containing 40-50% of protein are used. Dear sir/ma 3.3K likes. You are not always going to be around in your farm, therefore an employed pond  attendant has be paid for the job done, and it is very necessary and important that you include this expenses, while drawing the cost of rearing 1000 catfish. What it takes to succeed in catfish farming and related agriculture business in Nigeria. These fish feed pellets are specially formulated to float, thus they have been produced under best manufacturing practices (BMP). You can choose to grow 1000 kg of catfish by: Whichever method you choose from above, it is recommended that you grow with floating feed to 50% of body mass and complete with sinking feed for the remaining 50% of body mass. google_ad_width = 300; -Hence, For Cost Table For Combination Of Floating And Sinking Feed:  It is. Required fields are marked *. All sizes available for your use. Net Profit Will Equal Total Value of Sales, And Total Cost of Production Is To Be Subtracted From Net Profit. Fingerlings were of high breed catfish. Nutritional attributes I use well planned because some fish farms in Nigeria spend much more on their production expense. Read Also: Cost of Feeding 1000 Catfish In Nigeria. The cost of feed claims over half of the total budget for most fish farms. One important rule in raising fish is “Protein Gives Protein”. However, if pond is rent where there are several other ponds, it will help in reducing the cost on security on your pond. google_ad_height = 600; Joseph Athanasius is a Content Developer at, 10 Roles of Agriculture in Nigeria Economic Development, 10 Problems of Agriculture in Nigeria with examples, Maize Production in Nigeria; Steps to Start, Tips to Succeed. nutrient requirements of the catfish at affordable cost, several conventional and non-conventional animal by-products and plant residues have been tested to substitute or replace fishmeal. The cost of high breed fingerlings 30×10,000 = N300,000. The protein content of such feed should be at least 38%. Whichever method you choose from above, it is recommended that you grow with floating feed to 50% of body mass and complete with sinking feed for the remaining 50% of body mass. There is possibility of estimating the cost of rearing 1000 catfish in Nigeria, but that can be done based on the prevailing economic situation in the country. Formulated as an easily-digestible, high-energy, nutrient-dense diet with an excellent conversion rate, Pond Fish 2000 has superior feed efficiency and supplements your pond’s natural food source. Cost Table for Combination of Floating and Sinking Feed. The majority of this product was tilapia and catfish (46 percent and 35 percent of production, respectively). 100% nutritionally complete for omnivorous fish and was developed by professional nutritionists and fish experts. The table includes fish from 3 to 14 inches and examines the quantity and cost of feed needed to grow fish to market size of 1.5 pounds at an assumed feed conversion ratio of 2.5, and feed prices at $230, $250, and $270 per ton, or 11.5 cents, 12.5 cents, and 13.5 cents per pound, respectively. This is important. Going by the above you can estimate that it will cost you N440,000 to grow 1 tonne of catfish flesh. But he uses swine pellets instead of aquaculture feed because “it is cheaper.” A 25 kg bag of pellets for fish costs P500 while that for swine is also P500 but con­ tains 50 kg, and his catfish devour the swine pellets as they would the fish pellets. When feeding of catfish is done optimally, 1000 kilogrammes (kg) of feed will convert to 1000 kilogrammes of catfish flesh. As we all know, a single catfish cost between the range 300 to 800 naira, so if can be able to train 2000 catfish to maturity and sell at rate of 300, it will be 300*2000=600000 but at the rate of 800 naira, it will be 800*2000=1.600,000 naira . Read more… Terms of Use. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of anyone else. Note: this article is first published in 2016. As a result, fish feed makes up 80 percent of the variable cost of fish farming and can significantly lower the profit margin. By the way, as the fish feed machine expert, we can customize the production capacities according to customers’ requirements. floating fish feeds This Catfish farming project involves starting a small scale catfish farm in any big city of Nigeria which will produce premium quality catfish to be sold in the local market, competing with a few existing brands. I use well planned because some fish farms in Nigeria spend much more on their production expense. Cost of Catfish farming in Anambra State Nigeria: A Case Study. Since the late 1960s it has been based primarily on the petroleum industry. As we all know, a single catfish cost between the range 300 to 800 naira, so if can be able to train 2000 catfish to maturity and sell at rate of 300, it will be 300*2000=600000 but at the rate of 800 naira, it will be 800*2000=1.600,000 naira . Beer pallor, fast food joint etc is rising every day. Save my name, email, and website in this browser for the next time I comment. Geepee tanks freshly produced Lagos State, Orile, 19 MINUTES AGO – Plumbing & Water Supply 9. J. Agric. DATE MODE PRICE CATEGORY PRICE; 02/12/2020: Fish Price: Big: ₦870.00: 02/12/2020: Fish Price: Small: ₦820.00: 02/12/2020: Fish Price: Smallest: ₦770.00: 02/12/2020 Going by the above you can estimate that it will cost you N440,000 to grow 1 … We offer the Bluecrown extruded catfish feed specially recommended for fish farmers in Nigeria. Why am I using the word ‘well planned’? 504,000 – 379,000 = 125,000, It is. Durante Fish Industries Ltd. provides the best fish feed in Nigeria that comes from Skretting Fish Feed, as well as their own feed concentrate. What are the consequences of copyright infringement? Geepee Brand in Nigeria. Read Also: How to start a Fishery Business in Nigeria, Preparation of the fish pond will involve you clearing the environment, and the bushes, as well as de-mudding, and liming, including other corrections that are necessary to be done on the pond, for example, the piping, and the construction of erosion channels, among others. VIP TOP+ 2. Catfish is often use as food source in various part of Nigeria. This is another cost, and must be included to your cost of rearing a thousand catfish, irrespective who does it, whether you or you are hiring an expert. Regional share of aquaculture production. Whether the pond is your own or whether you lease it, it is advisable to prepare your cost regarding a suitable rent value. Catfish farming is here to stay in Nigeria. They must be large enough to accommodate the breeding pair. Cost of feed (as of March, 2018) for raising 1 tonne of catfish. This however, will include all the expenses incurred before, and during as well as, the fishes might have matured. We provide floating fish feed extruder to Nigeria at the prices from US$2000 to US$7500, depending on what production capacity the customers choose. However, 1000 catfish is quite a reasonable number of fishes to work with, should you make up your mind to rear 1000 catfish. Other logistics will include all the expenses made on transportation of catfish feed as well as, manpower used in the farm. 2,100/30 = 70 bags of cement needed. “I invest ₦265,000 (£585) every four months and I harvest ₦415,000 (£911). Hence 210 x 10 = 2,100 blocks. It is a fully floating fish feed made from the latest extruding technology in Africa. More so, you can then decide on the possible way you can rear them to grow to their full potential, at least to one kilometre. 3000 Litters Geepee Water Tanks ₦ 75,000. Production Economics Definition of terms Factors of Production Production techniques Cost of Production Farm management planning 27 . 4trips of sand used = 7,000×4 = N28,000; 2trips of gravel = 32,000x 2 = N64,00; Cost of labour = N150,00; Cost of plumbing (inlet and outlet facility) = N100,000. nutrient requirements of the catfish at affordable cost, several conventional and non-conventional animal by-products and plant residues have been tested to substitute or replace fishmeal. We hope you find this useful. Whichever method you choose from above, it is recommended that you grow with floating feed to 50% of body mass and complete with sinking feed for the remaining 50% of body mass. Note: this article is first published in 2016. The increase in fish production in Nigeria accounted for 55 percent of the increase of its apparent total fish consumption between 1980 and 2013; the remaining 45 percent was covered by the increase in its net import (i.e. Your email address will not be published. Feeding is done twice daily at 3% body mass with a commercial feed. Nevertheless, I will advise that, farmers can start with a 1,000 of fish and then can as well, increase the quantity, as this will aid them in learning and understanding the rudiments of investing in a profitable catfish farming. There is a cost attached to the security of your pond, mostly when you are not around to supervise work in your farm. As a result, fish feed makes up 80 percent of the variable cost of fish farming and can significantly lower the profit margin. The company established its presence in 2000 and has since become one of the largest aquaculture companies in the Southwestern Nigeria. Some authors (Phillips, 1972; Prather and Lovell, 1973; Shyong et al., 1998) observed that improper protein, energy and other nutrient levels in feed increased fish production cost especially the recurrent expenditure and deteriorates water quality. Fish farmers in Nigeria's commercial capital, Lagos, have had to scale back on production. Region % World production Asia 91.22 Europe 4.02 South America 1.96 North America 1.60 Africa 0.97 Source: FAO (2003) ming attractive to both private and commercial investors and ultimately boost fish production cannot be overem-phasized. Expected Quantity To Be Harvested In Naira Value: -1,050kg of catfish at the current price rate of N480 per kg cost   504,000. However, through catfish farming, I make a net profit of over N200,000 in a month, which makes me more comfortable than most civil servants. Floating Fish Feed Extruder. The containers can be wooden boxes, ammo cans, drums, etc. Cost of feed (as of March, 2018) for raising 1 tonne of catfish. Cost of feed (as of March, 2018) for raising 1 tonne of catfish. Interest in any company or advertiser referenced on freshwater fish, the fishes might have matured of feed ( of. Highly significant at ( 1 % ) in the Southwestern Nigeria feed made from the same species feed be. High breed fingerlings 30×10,000 = N300,000 has been indicated to tackle the disadvantages of the largest cost! As cost of catfish feed as well as, manpower used in the Southwestern Nigeria )... Published in 2016 feeding 1000 catfish in Nigeria 's commercial capital, Lagos, have had scale. Is one of the largest operating cost, we can use cheap raw! Lease it, it is fish sizes of 800 grams and above the reader 's commercial capital, Lagos have. I.C.T and AGRIBUSINESS that meets your satisfaction farming though a good option to providing protein burdened. 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