3.3K likes. All sizes available for your use. 2. Beer pallor, fast food joint etc is rising every day. A good benchmark for budget planning to grow catfish is estimating the cost required to feed the fish till they reach market size. Subscribe to our mailing list and get interesting stuff and updates to your email inbox. PROFITABILITY AND TECHNICAL EFFICIENCY IN HOMESTEAD CATFISH PRODUCTION IN DELTA STATE, NIGERIA Aquaculture, the farming of aquatic organisms, including fish, molluscs, crustaceans and aquatic plants, is often cited as one of the means of efficiently increasing fish production in low-income, food-deficit countries. This is important. Other logistics will include all the expenses made on transportation of catfish feed as well as, manpower used in the farm. More and more people keep plugging in every day. Whether the pond is your own or whether you lease it, it is advisable to prepare your cost regarding a suitable rent value. Vital Fish feed pellets. But it’s difficult to sell at high price because of the low bargaining power of customers making most farmers to sell below their cost of production. 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. 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. 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 As a result, fish feed makes up 80 percent of the variable cost of fish farming and can significantly lower the profit margin. 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. Required fields are marked *. To lower the cost for feeding you should try catfish farming manual feeding production. Read Also: 9 Steps to Start Fish Farming In Nigeria. catfish spawn 2,000 to 3,000 eggs per pound of body weight; smaller females, about 4,000 eggs per pound of body weight (Figure 2). Nevertheless, Nigeria’s poultry industry faces quite a few challenges, the most widely discussed being the high cost of feed – poultry farmers spend over 70 percent of their budgets on feed. Feeding is done twice daily at 3% body mass with a commercial feed. There are different types of feed for catfish. Expenditure Details and Cost Value In Naira, -Renting pond for six months for 1,000 catfish cost           15,000, -Preparing pond, and this is only applicable to earthen pond cost 10,000, -Provision of net including workmanship cost      4,000, -Procuring young catfish, that is, at N20 each; between 6 grams and 10 grams cost             20,000, -Feeds, floating feed of 60 grams per fish, which is approximately about four bags at 7,000 each cost 28,000, -Local feed of 1,700kg at N160 per kg, at f c r of 1.7:1.  cost  272,000, -Cost of feeding: let assume it is N2,000 per month for five month cost  10,000, -Cost of logistics: let assume it is N2,000 per month for five months cost 10,000, -Security: let assume it is N1,000 per month for five months cost                5,000, -Cost of Medication, this is optional at 2,000, Read Also: Problems and Prospects of Agriculture in Nigeria, -Feeds, floating on daily basis, 74 bags at f c r of 1.1.1kg at N7000 each cost 510,000. Read more… Terms of Use. Geepee Tanks 500ltrs To 10000ltrs ₦ 20,000 . Nigeria’s aquaculture focuses mainly on freshwater fish, with catfish species accounting for 64 percent of aquaculture production in 2015. West Africa Dishes. 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 protein content of such feed should be at least 38%. 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. Expected Quantity To Be Harvested In Naira Value: -1,050kg of catfish at the current price rate of N480 per kg cost   504,000. VIP TOP+ 2. Cost of feed (as of March, 2018) for raising 1 tonne of catfish. tonnes in 2000 to 2,027,797 tonnes in 2011, culminating in an annual average fish import of 738,308.69 metric tonnes between 2000 and 2012 (Figure 1). The Nigerian market for example value catfish sizes which ranges from 500 grams (0.5 kg) to 2,000 grams (2kg). Your email address will not be published. The farm will be equipped with modern equipment & technology in order to ensure the quality of the final products. Buy High Quality Catfish Feed At #2,500 Per Bag We are professional fish feed Manufacturer here in Nigeria. 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. 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. Why am I using the word ‘well planned’? Catfish Feeds: The cost of catfish feed must be taken into consideration, and this must include the cost of different sizes of conventional and non-conventional catfish feeds, particularly locally pelletized feed. The team comprises professionals and Consultants from different fields of human endeavour. The author may or may not have a financial interest in any company or advertiser referenced. We hope you find this useful. In the European Union, blood meal has been banned from feeding to animals since 2000 (Council Decision 2000/766/EC), though since 2006 blood products from non-ruminants are now authorized for use in aquaculture (Médale et al., 2009). A crucial decision to be made is knowing the best fish feed to rear your catfish.. A feasibility study carried in Anambra state and prepared for a catfish farm of capacity is 10,000. Our catfish feed is the only catfish feed endorsed by the Catfish Farmers Association of Nigeria (CAFAN) and comes in various pellet sizes which range from 2mm, 3mm, 4mm, 6mm, 9mm, etc. Dear sir/ma Fingerlings were of high breed catfish. Price of Fish Feed In Nigeria – Photo Source: https://www.animalfeedsuppliers.com. Carp, mullet and snakehead were also produced as was a number of other fresh and brackish water species (Table 1). 15 fish per m2. Thank you. 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. I have two ponds and I still maintain them. The table does not take into account interest or other costs associated with feeding. All catfish farmers complain bitterly about the cost of getting feeds for their stock of catfish. They must be large enough to accommodate the breeding pair. Only on April 12, 2000, the Nigerian minister for agriculture (Alhaji sanni zango duara) revealed that Nigerian government spends 3 billion us dollars on the importation of fish. Dear Femi you can call 08077776861 and someone will help you with that. At this point, we will be considering the cost of rearing 1000 catfish. 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. The containers can be wooden boxes, ammo cans, drums, etc. The cost of 2000 Day Old chicks = 2000 x 200 = 400,000 400,000 : 00. In a day, each catfish should consume at least 1.5% of its weight. There is always a cost attached to a fish pond, irrespective of what system you intended to use in rearing your catfish. Profitability of Catfish Farming in Nigeria. The high cost and scarcity of feed stuffs particularly the protein source is also a factor militating against commercial fish and animal production in developing countries like Nigeria. The Cost of Feed Intake from D to L: Average daily feed intake/bird from D to 7wks = 50g …for 2000 birds/day = 50×2000 = 100,000g = 100kg A feasibility study carried in Anambra state and prepared for a catfish farm of capacity is 10,000. What are the consequences of copyright infringement? The demand of catfish in hotel. Through the fish feed extruder we can use cheap local raw materials to produce high-quality fish feed, which may save feed costs. The cost of bore hole = N150,000. 100% nutritionally complete for omnivorous fish and was developed by professional nutritionists and fish experts. Click to know how, budget for growing one tonne of catfish in Lagos, how much will it cost me to grow 1000 catfish, https://divinefish.com.ng/wordpress/index.php/uncategorized/frequently-asked-questions-about-catfish-farming-in-nigeria/, Fishing worst performing agriculture sub-sector in third quarter of 2020 – the catfish farming experience in Nigeria, Frequently asked questions about catfish farming in Nigeria, Commonly used ponds for aquaculture in Nigeria – Types of ponds used in farming catfish in Nigeria, Catfish farming in Nigeria with earthen ponds, Catfish farming in Nigeria with concrete ponds, Cost of feeding 1000 pieces of catfish fingerlings or juveniles to 1kg table-size fish in Nigeria, Estimate cost of growing 500 kilogrammes of catfish in Lagos, Nigeria for August – December, 2019, Growing 3000 pieces of catfish juveniles to average mass of 330 grammes in 3 months; or, 2000 pieces of juveniles to average mass of 500 grammes in 4 months; or. Fish feed in this business takes up over 70 percent on a well-planned catfish fish farm. 1000 pieces of juveniles to average mass of 1 kg in 6 months. 2. google_ad_client = "ca-pub-9755093768544960"; 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. 504,000 – 379,000 = 125,000, It is. BlueCrown extruded fish feed pellets. Note: this article is first published in 2016. The cost of feed claims over half of the total budget for most fish farms. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of anyone else. 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