Introduction to crawfish economics
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Introduction to Crawfish Economics. Matt Parker NCDA & CS Aquaculture Business Specialist. Assumptions. Land is already owned Fixed costs NOT included Initial stocking density of 75 lbs crawfish/acre Harvest of 650 lbs/acre Zero sales first year Sales price of $2.50/lb

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Introduction to Crawfish Economics

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Introduction to crawfish economics

Introduction to Crawfish Economics

Matt Parker

NCDA & CS

Aquaculture Business Specialist


Assumptions

Assumptions

  • Land is already owned

  • Fixed costs NOT included

  • Initial stocking density of 75 lbs crawfish/acre

  • Harvest of 650 lbs/acre

  • Zero sales first year

  • Sales price of $2.50/lb

  • Each pond is 10 acres

  • 20 traps/acre


Initial investment

Initial Investment


First year of operation

First Year of Operation


Years 2 and beyond

Years 2 and Beyond


Years 2 and beyond1

Years 2 and Beyond


Crawfish summary

Crawfish Summary

  • Economies of scale

  • Larger farms are more profitable

  • Need to have enough money to operate the first year with zero income from crawfish

  • Can be very profitable as supplemental income

  • Where are you going to sell them?

  • Fixed cost can triple production costs


Further assistance and information

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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