Open AccessECONOMIC ANALYSIS OF SMALL‐SCALE PRAWN FARMING IN SOUTH CAROLINA 1
Author(s) -
Smith Theodore I. J.,
Liao David S.
Publication year - 1983
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.1749-7345.1983.tb00096.x
Subject(s) - macrobrachium rosenbergii , prawn , fishery , biology , agriculture , agricultural economics , agricultural science , macrobrachium , scale (ratio) , preference , gross domestic product , economics , ecology , geography , economic growth , crustacean , cartography , decapoda , microeconomics
In 1982, a producer survey was conducted to evaluate the economic potential of small‐scale prawn farming, Macrobrachium rosenbergii , as a supplemental source of income in South Carolina. Based on survey data, total costs were estimated to be $1,883.78 and total gross returns were $2,041.69 per 0.4 ha pond, thereby producing a net return of $157.91/0.4 ha pond. Producers felt that marketing was not a problem but all producers identified the non‐availability and high cost of seed stocks as a major problem confronting development of an industry. A survey of prawn consumers was conducted to assess product acceptance and preference. The majority of consumers indicated preference for the heads‐off form in the 57–110 tail count/kg size category and would purchase prawns about once a month, if available.