CATFISH FARMING GUIDE

Catfish farming is one of the most rapidly expanding sectors of animal food production. Gone are the days when the only way to get fish was to catch it in the local rivers or buy it from fishermen.

In Nigeria, approximately half of the fish consumed is now raised in artificial environments.

You are fortunate to be here right now if you are looking forward to and aspiring to start your own catfish farming business.

Catfish is one of the most popular fish in Nigeria because it can be found all over the country. It is enjoyed by almost the entire tribe, is able to withstand harsh environmental conditions, commands good taste, and, of course, makes a good profit. The annual production rate is estimated to be over 253,898 metric tons.

Some of the requirements for starting a catfish farm include:

1. A Deep and Wide Pond with Provision for Adequate Inflow and Outflow of natural Water
2. Good Juveniles from a Reliable Source
3. Protective nets, and
4. Adequate feed.

Let us look at a short analysis

Assuming you spent 600,000 on 1,000 well-raised catfish for 4 months + with a mortality rate of about 5-10%, which means that at harvest you still have 900 or more fishes (let’s assume 100 die along the way).

You can expect each of your 900 surviving fishes to grow to a minimum of 1kg each, giving you a total weight of 900kg.

Let’s assume you sell each one at N900/kg which means you can generate sales of N810,000 (900 X N900).

With an invested capital of N600, 000 and sales of N810,000, your gross profit will be N210,000 which the margin is 25.9%.

The trick in catfish farming is to know the techniques and practices that will reduce mortality and boost growth and production.

That is why you need this ebook now.

The analysis above is meant to give you a general overview of cost implications and profitability.

You can decide to exclude some items in order to reduce cost and boost profitability.

For example, in catfish farming, you can decide to smoke and package your fish for export, and sell to supermarkets and shops instead of selling to market women.

I teach this in my Mini Export Masterclass which is a different training program entirely.

The information in this book is up to date and compiled for beginners and professionals.

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