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4. ECONOMICS OF FISH SEED PRODUCTION

4.1 Economics of Spawn Production

The most typical size hatcheries used in Bangladesh are available for production of about 50 kg spawn. In these hatcheries there are usually one circular type incubator for spawning and incubation and there are 4 or 5 funnel-type incubators. Moreover, there are there the necessary overhead tank, shallow tube well and other accessory installations. The owners usually have some fish pond, but majority of the ponds are rented by hatchery owners.

For production of 1 kg spawn about 12–15 kg female and male broodfish are necessary, considering 1 spawning in one season. Broodfish requirement for production of 50 kg spawn is about 700 kg broodfish. To maintain this broodfish population, about 0.4 ha pond is required.

The expenditures incurred for maintenance of broodfish in a 0.4 ha pond are:

ItemsTaka
Cost of broodfish21 000
Amortization (10%)2 100
  
Preparation of broodfish pond
Dewatering/refilling5 500
150 kg lime750
800 kg cowdung200
40 kg inorganic fertilizer250
  
Daily maintenance
30 kg cowdung12
1 kg fertilizer6
15 kg feed150
  
Monthly labour cost500
Monthly maintenance@ 5 500
  
Yearly pond rental cost4 000
Bank interest (12%)@ 9 500
Sum of expenditures@ 88 000
Hazards (20%)@ 18 000
  
TOTAL EXPENDITURES@106 000

The expenditures for running a fish hatchery are as follows:

 Taka
Construction of hatchery20 000
Establishing a shallow tube well30 000
Necessary installations15 000
Yearly amortization (10%)6 500
Labour cost for season
(2 workers for 5 month)15 000
Running cost
(Incl. energy, PG, oxygen etc.)60 000
  
Bank interest (12%)10 000
Sum of expenditures92 000
Hazards (10%)9 000
  
TOTAL EXPENDITURES101 000
  
TOTAL YEARLY EXPENDITURES@ 207 000
IN THE HATCHERY (including broodfish management)
  
VALUE OF PRODUCED SPAWN@ 250 000
  
PROFIT OVER INVESTMENT@ 43 000
(21%)

4.2 Economics of Fingerling Production

Expenditures and incomes of private farmers using traditional (monocycle) production methods and improved method of fingerling production in Jessore, are detailed in Table 22. Profit over investment in Jessore area is about Tk 19/kg (18%).

Table 23 contains the profitability of fingerling production, if technology recommended by BGD/87/045 FAO Fisheries Project is used. It was developed by modification of fingerling production technology in use in Jessore town area. In this table profitability of production when production target of fingerling with 10 g, 5 g and 3 g average weight are shown. Moreover, it shows economy of small size (1–2 g weight) fingerling production using modified methodology. Three types of economic calculation were developed in the case of each production target. In type “a” market price of stocking material was used in calculation, while in type “b” we calculated using production cost of stocking material. In type “c” production cost of stocking material was used, but no bank interest was taken into account, as private farmers do at evaluation of profitability of their activity.

Profitability of fingerling production is naturally lower or there is loss where total expenditure was calculated with market price of stocking material, instead of production cost.

Production cost of 1 kg large size fingerling is Tk 27, profit over investment on production of one kg fingerling being Tk 38 (141%).

As data show, profitability of fingerling production decreases with increasing of stocking density from 14/m2 to 30/m2, as price of stocking material comes to be a significant part of expenditure. As decrease in unit price (price/piece) of fingerling is not proportionate to decrease in weight, applying very high stocking density (for getting large number of small size fingerling) fingerling production is more profitable, though profit is significantly lower than profit of large size fingerling production. Moreover, profit of those farmers who are able to use blood or other valuable animal protein source will be much higher.

TABLE 22
SUMMARY OF THE SURVEY CARRIED OUT ON PRIVATE FINGERLING PRODUCTION FARMS

GENERAL DATAUNITAREA IAREA II
Total areaha5126
Area for nursingha207
Newly hatched fry   
stockedmillion100126
Nursed fry producedmillion25 
Fingerling producedmillion  
3–5 cm
 13.641
6–8 cm
 1.8 
Productionkg/ha/season5004400–5400
Number of cycle   
- In nursing
pc16
- In fingerling production
pc15–6
Duration of one cycledayNursing:20 dayNursing:7–12 day
  Fing.rearing:90 dayFing.rearing:25–35 day
TECHNICAL DATA   
Nursing   
stocking
pc/ha/cycle1.9 million4.8 million
harvesting
pc/ha/cycle0.48 million2.2 million
Fingerling production   
stocking
pc/ha/cycle0.43 million1.43 million
harvesting
pc/ha/cycle0.3 million1.1 million
feeding
kg/ha/cycle  
mustard oil cake
 18001400
rice/wheat bran
 675-
manure
 --
fertilizer
kg/ha/cycle18731710
ECONOMICS   
of one production cycle Nursing FingerlingNursing Fingerling
Stocking materialTk/ha60750 7985788000 69160
FertilizerTk/ha10312 103002200 9405
FeedingTk/ha5850 135002475 8400
LabourTk/ha9000 150007000 11000
OthersTk/ha3750 40006725 6725
Total ExpenditureTk/ha89662 122657106400 104690
Value of harvested fishTk/ha*150 000*123750
Profit over investmentTk/ha2734319060

I.:Farldpur, Kumarkhall, Kushtla, Natore, Sreemongal
II.: Jessore
* The prenursed fry are not sold but used in the same farm for stocking for fingling production ponds.

TABLE 23
ECONOMICS OF FINGERLING PRODUCTION IN MODIFIED TECHNOLOGY

Stockingfish/m2142030140
Harvestingfish/1000m2116001660024900110000
Final weightg10530.9–1.0
PriceTk/fish0.70.320.210.11
Versions of calculation abcabcabcabc
EXPENDITURES            
Pond preparation546546546546546546546546546546546546
Stocking26607007003800100010005700150015002660070007000
Manure767676767676767676767676
Feed117011701170117011701170117011701170117011701170
Harvesting336336336336336336336336336336336336
Labour464464464464464464464464464464464464
Others343434343434343434343434
Rent150150150150150150150150150150150150
Bank interest8252 9957 12764 441147 
TOTAL5518352834766675383337768603434042762981799239776
VALUE OF FISH812081208120531253125312522952295229121001210012100
PROFIT OVER INVESTMENT260245924644-1363-14791536-3374889953-1771721772324

RELEVANT LITERATURE

Body, C.E., 1979: Water Quality in warmwater fish ponds. Auburn Univ. Agricultural Experiment Station. pp 358.

Gerking, S., 1978: Ecology of Freshwater Fish Production. Blackwell Scientific Publications, Oxford. pp.520.

Hepher, B. and Pruginin, Y., 1981: Commercial Fish Farming. A. Willey-Interscience Publications, New York. pp.261.

Horvath, L., Tamas, G., Tolg, I., 1984: Special methods in Pond Fish Husbandry. Ed. by J.E. Halver. Akademia Kiado, Budapest. Halver Corporation, Seattle. pp 147.

Jhingran, V.G. and Pullin, R.S.V., 1985: A Hatchery Manual for the Common, Chinese and Indian Major Carps. Asian development Bank, International Center for Living Aquatic Resources Management. pp 191.

New, M.B., 1987: Feed and feeding of fish and shrimp. A manual on the preparation and preservation of the compound feeds for shrimp and fish in aquaculture. FAO/UNDP, ADCP/REP/87/26, Rome. pp 278.

Winberg, G.G., 1956: Rate of metabolism and food requirements of fish. Belorussian State Univ. Minsk. Fish Res. Bd. Canada Trans. Ser. No. 194. 1960.

Woynarovich, E., 1975: Elementary guide to fish culture in Nepal. FAO/UN, Rome.

Woynarovich,E. and Horvath,L., 1980: The artificial propagation of warm-water finfishes-a manual for extension. FAO Fish.Tech.Pap. (201) : 183p.

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