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

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
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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