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Estimated Costs and Returns for Catfish Farms With Recirculating Ponds Along the Upper Texas Coast*

Published online by Cambridge University Press:  28 April 2015

J.A.D. Lambregts ,
W.L. Griffin ,
R.D. Lacewell ,
J.T. Davis  and
G.M. Clary
J.A.D. Lambregts
Affiliation:
Silver Creek Farms, Twin Falls, ID
W.L. Griffin
Affiliation:
Department of Agricultural Economics, Texas A&M University, College Statio, Texas
R.D. Lacewell
Affiliation:
Department of Agricultural Economics, Texas A&M University, College Statio, Texas
J.T. Davis
Affiliation:
Department of Wildlife and Fisheries Sciences, Texas A&M University, College Statio, Texas
G.M. Clary
Affiliation:
Texas A&M University Agricultural, Research and Extension Center, Overton, Texas
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Abstract

Cost, returns, and economies of scale for small, medium and large catfish farms with recirculating ponds are presented for the upper Texas coast. Internal rates of return are 0.150, 0.183 and 0.219, respectively. Total investment is higher than farms with static ponds but investment per unit production capacity is 7 percent to 16 percent lower. Average total cost per pound is between $0,565 and $0,541, (11 percent-20 percent lower than farms using current technology). These results have implications for regional comparative advantage of catfish production as well as incentive for adoption of new technology in conventional ponds.

Keywords

aquaculturecatfisheconomicsoff-flavor
Type
Articles
Information
Journal of Agricultural and Applied Economics , Volume 25 , Issue 2 , December 1993 , pp. 1 - 12
Copyright
Copyright © Southern Agricultural Economics Association 1993

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Footnotes

*

Technical Article 31246 of the Texas Agricultural Experiment Station, Texas A&M University, College Station, Texas

References

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