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Nairaland Forum / Nairaland / General / Agriculture / Hidden Truths About Catfish Business!!! (1539218 Views)
Hidden Truths About Catfish Hatchery Business !!! / Hidden Truths About Plantain Farming Business / Catfish Farmers Lets Talk About Catfish Smoking (2) (3) (4)
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Re: Hidden Truths About Catfish Business!!! by jaz(m): 1:38pm On Aug 17, 2015 |
waiting!! Fhemmmy: |
Re: Hidden Truths About Catfish Business!!! by Fhemmmy: 1:50pm On Aug 17, 2015 |
jaz: [b]I once heard someone said 100 Naira should be enough to get 350g melange in 2 and half months and if that is the case..... Robonski once said too that it is best you hatch yourself to make money in the melange business . . . . So let us break that one down too as well. Feeding of 5000 fishes with 100 Naira each . . . . . . 500,000 Naira Miscellanous of 5% . . . . . . . . . . . . . . . . . . . . . . 25,000 Naira Lets assume no other expense. Total sales for average weight of 350g (.35Kg) Best case 380 Naira per kg of the fishes of 1750kg fishes - - - - - - - 665K Naira Sales - Expenditures = Profit meaning 665K Naira - 525K Naira and that gives us 140K Naira 140 Naira broken down to monthly will be 56, 000 Naira per month So again, let us await the guru in the house, except this is the method they are working and if this is what they are working with: 1. Is it truly possible for 100 Naira per fish to produce 350g of catfish in 2 and half month or is that just another dream? 2. Is it true that one will be able to sell melange at 380 Naira per kg? 3. Is 350g possible in 2.5 months? Please gurus, shed more lights on this . . . . [/b] |
Re: Hidden Truths About Catfish Business!!! by ayosat(m): 2:14pm On Aug 17, 2015 |
Fhemmmy:Sir if melange is not profitable you won't see people doing it. There are different sizes in melange 300g, 400g , 500g. The smallest of it is what you based your calculations upon. Of cause you don't expect to put #150 on a fish just to get 350g. The #150 you must have projected should take you to 500g. So it is now left for you to determine the grams you want to take it to. Some end up spending as low as #80 each for their cat. Some #100 each some above. But I don't expect people to spend more than #150 for each cat. What you are calculating is of the smallest case of melange and can never cost you #150 each if you know what you are doing. Let's take the maximum case for instance. 500g *5000 @400 per kg. (500g can even go as high as #430 per kg). That will fetch you #1m at 2months or 2.5 months. And your cost on them will be #750000. That's about #250000 profit. Mind you dealing with melange needs adequate care. You will need to feed them more than usual, so that they can grow faster. They will need to be given all necessary drugs and multivitamins. water quality must be at the top agenda. You will need to measure their average weigh every two weeks to keep track of their growth. Also don't stay idea. Go out , learn from people that are into melange. Learn from their sucess story, on what they are doing that is working for them. Bottom line, Before you plunge into it get yourself really prepare and I bet you, you will have good story to tell too. |
Re: Hidden Truths About Catfish Business!!! by ayosat(m): 2:19pm On Aug 17, 2015 |
Farmers into melange can also contribute. We need more input to this topic |
Re: Hidden Truths About Catfish Business!!! by ayosat(m): 2:48pm On Aug 17, 2015 |
This is a conversation with someone. Able to get 500g in two months. With hardwork and prayer anyoneelse can do it.
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Re: Hidden Truths About Catfish Business!!! by GOLDLOVER: 3:01pm On Aug 17, 2015 |
ayosat:Hmmm.... Begining to see it better. 1 Like |
Re: Hidden Truths About Catfish Business!!! by jaz(m): 3:26pm On Aug 17, 2015 |
@ ayosat. your contribution is highly invaluable! |
Re: Hidden Truths About Catfish Business!!! by Ttalk: 3:44pm On Aug 17, 2015 |
Mascotlawman: I used to refer people that want to know about catfish business to read this thread from beginning to the last page, it covers most of things you need to know about the business of catfish, and it is explicit because you will learn practical experiences of people and the contribution from different gurus which make it very rich 1 Like |
Re: Hidden Truths About Catfish Business!!! by Fhemmmy: 3:52pm On Aug 17, 2015 |
ayosat: Nice one, i never said they are not making money, i just want us to share how possible it is to make money . . . . However, i dont see the 250K Naira as profit even from your calculations and here are the reasons why: 1. Where is the cost of buying the fingers and even if you hatch, wont you pay yourself for the hatching? 2. Where is the cost of fuel and other expenses like the drugs that you have mentioned 3. Is it really truly possible to get 500g in that 2.5 months 4. 430 Naira per Kg, is that truly possible? Again, please we are just trying to learn together oh, i am not saying you not right, sir . . . .What do i know anyways, i am just a novice. |
Re: Hidden Truths About Catfish Business!!! by robonski16: 4:32pm On Aug 17, 2015 |
Fhemmmy: My chairman firstly i have said it times without number that buying fingerlings/juvenile to melange is not feasible you hatch yourself, stock and sell the rest to buy feed.. more so spending #150 to get an average weight of 350grms after three months is NULL, their average weight should be half a kg that is 500grms, some farmers don't spend up to #150 in raising their melange. 500grms x 5000= 2500kg 2500kg x #400= 1million profit #150 to raise one fish plus miscellaneous.... #150 x 5000= 750,000 #100,000,000 - #750,000 =#250k (net profit) If you read my write up on melange i said 5000 to me is the least you can stock and you have to continue a cycle before harvest. you can be harvesting every month. 1 Like 1 Share |
Re: Hidden Truths About Catfish Business!!! by ayosat(m): 4:45pm On Aug 17, 2015 |
Fhemmmy:@professor Fhemmy... i said it from start, that if you want to make any meaningful profiit in melange, you have to raise them in large quantity. The higher you go, the more profit you make. I'm not a guru in melange farming but my point here is based on what I have leant and discussed with people that are into it.That is why melange farmers need to come in to clear out some issues here . all the same. On expenses you have to find a way to limit them. For instance I know someone that changes water at 12 midnight just to keep cost at the lowest level( cos thats the time NEPA gives them electricity). And how much is drugs? If your fish are OK you may not even spend #3000 on drugs and multivitamins. On fingerlings you either hatch, buy fries or fingerlings which ever works for you. Some don't have the heart for melange thinking it has no profit in it, but some it is what they know how to do best. That is why I say before you go into it, learn the routine first .you need to find the strategy that will work for you ni. |
Re: Hidden Truths About Catfish Business!!! by Fhemmmy: 4:47pm On Aug 17, 2015 |
ayosat: I beg oh . . . . But you have spoken well and we will wait for people that are so much into it. |
Re: Hidden Truths About Catfish Business!!! by Fhemmmy: 4:50pm On Aug 17, 2015 |
robonski16: The chairman himself have spoken . . . Melange farming here we come . . . . |
Re: Hidden Truths About Catfish Business!!! by ayosat(m): 4:52pm On Aug 17, 2015 |
jaz:can you explain why? |
Re: Hidden Truths About Catfish Business!!! by ayosat(m): 4:59pm On Aug 17, 2015 |
Fhemmmy:as a novice you always claim, we won't be surprise to wake up one day and find your book on 'catfish farming' in every bookstore in Lagos . |
Re: Hidden Truths About Catfish Business!!! by jaz(m): 5:11pm On Aug 17, 2015 |
i meant highly valuable oo ayosat:infact sef i don confuse |
Re: Hidden Truths About Catfish Business!!! by Fhemmmy: 5:16pm On Aug 17, 2015 |
ayosat: Amen oh . . . But wait a minute, would you buy such book if you see am? |
Re: Hidden Truths About Catfish Business!!! by ayosat(m): 5:30pm On Aug 17, 2015 |
Fhemmmy:why not...if it is written by our great Professor Fhemmmy. it will even serve as an evidence of no more " I'm a novice". 1 Like |
Re: Hidden Truths About Catfish Business!!! by robonski16: 5:32pm On Aug 17, 2015 |
Fhemmmy:una no go kill person for this thread with laff |
Re: Hidden Truths About Catfish Business!!! by robonski16: 5:33pm On Aug 17, 2015 |
ayosat: GBAM!!! |
Re: Hidden Truths About Catfish Business!!! by robonski16: 5:36pm On Aug 17, 2015 |
ayosat: in·val·u·a·ble adjective extremely useful; indispensable. "an invaluable source of information" synonyms: indispensable, crucial, critical, key, vital, necessary, irreplaceable, all-important 2 Likes |
Re: Hidden Truths About Catfish Business!!! by robonski16: 5:39pm On Aug 17, 2015 |
Ttalk: Bro we are waiting for the continuation of your experience |
Re: Hidden Truths About Catfish Business!!! by Fhemmmy: 5:44pm On Aug 17, 2015 |
ayosat: I am still a novice joooooo |
Re: Hidden Truths About Catfish Business!!! by Fhemmmy: 5:46pm On Aug 17, 2015 |
robonski16: My Chairman at the top, the fisherman of the year . . . . |
Re: Hidden Truths About Catfish Business!!! by ayosat(m): 5:49pm On Aug 17, 2015 |
robonski16: jaz:Oh. OK, thanks then... |
Re: Hidden Truths About Catfish Business!!! by robonski16: 6:02pm On Aug 17, 2015 |
Fhemmmy: My chairman no dey wine me jare we dey expect your manual |
Re: Hidden Truths About Catfish Business!!! by Fhemmmy: 6:04pm On Aug 17, 2015 |
robonski16: I can send you the e-Manual for how to successfully export rides to Nigeria jooooo . . . . . |
Re: Hidden Truths About Catfish Business!!! by robonski16: 6:09pm On Aug 17, 2015 |
soft777: Hello sir i sent you a mail, i got someone who is fit for this position. |
Re: Hidden Truths About Catfish Business!!! by MaxTech(m): 8:04am On Aug 18, 2015 |
Good day, robonski15, ayosat and others ... What are your opinion or counsel for using trapualin rubber as fish tank? |
Re: Hidden Truths About Catfish Business!!! by Teepompey: 8:58am On Aug 18, 2015 |
robonski15:Thanks a lot, boss. |
Re: Hidden Truths About Catfish Business!!! by lagbaja(m): 9:55am On Aug 18, 2015 |
robonski15: This was what Robonski posted as his cost of raising an average piece of Melange which to me makes sense ( from my experience), the N150 mentioned by Femmy is for 1kg of Melange. 1 Like |
Re: Hidden Truths About Catfish Business!!! by Fhemmmy: 11:35am On Aug 18, 2015 |
lagbaja: I am sure you quoting chairman robonski of 1930..... and like someone said, lots of people are using 90 Naira to raise melange while could be up to 150 Naira Chairman Robonski has thought me and belexyfarms that 1kg is not melange Oh but a table size grow out And I don't even wanna mention how much dem talk to raise one because each time I do, my heart beats faster . 1 Like |
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