Open AccessBUDGET ANALYSIS OF PENAEID SHRIMP HATCHERY FACILITIES
Author(s) -
Johns Michael,
Lawrence Addison,
Fox Joe,
Griffin Wade
Publication year - 1981
Publication title -
journal of the world mariculture society
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.655
H-Index - 60
eISSN - 1749-7345
pISSN - 0735-0147
DOI - 10.1111/j.1749-7345.1981.tb00304.x
Subject(s) - hatchery , shrimp , fishery , tonne , biology , aquaculture , ton , net present value , engineering , fish <actinopterygii> , production (economics) , waste management , economics , macroeconomics
One of the critical factors in commercial penaeid shrimp culture production is the availability of postlarvae to stock grow‐out ponds. This study investigates the economic feasibility of rearing penaeid shrimp from nauplii to postlarvae (hatchery phase). The facility design used is based on the hatchery operated by Texas A&M university at Galveston, Texas. The Generalized Budget Simulation Model for Aquaculture developed at Texas A&M University was used for the analysis. A ten‐year planning horizon was used for the analysis. Six different systems ranging in size from 5 ten‐metric ton tanks to 60 ten‐metric ton tanks were examined. Annual cost and return budgets were developed for the six systems assuming they operated 6 and 12 months per year. Investment costs, break‐even prices and quantities, and net present value were estimated for each system. Results show that commercial hatcheries, using 10‐metric ton tanks, could be profitable above and including 20 tanks for those operating only six months annually and above and including 10 tanks for those operating 12 months annually.