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How To Start Eggs Supply Business To Shops In Nigeria, How To Join Nollywood As An Actor Or Actress, How To Invest In The Nigerian Stock Exchange Market. This includes the cost of fingerlings which is N150,000. Hybrid Feed Broiler Super Starter Mash: N3,000 – N4,000; Hybrid Feed Broiler Finisher Mash: N3,500 – N4,000; Vital Feed Super Starter for Broilers: N3,500 – … Eunice Akponimisingha, a housewife, says she earns more than N200,000 every month from catfish farming, while staying at home to operate the business. On the Internet there is a lot of information for learning forex trading. Regardless of the popularity of fish, the fish farming business is not particularly profitable for Nigerian farmers. Country of manufacture is China. Where can i get these machines. But with over 2 billion people in the world living in hunger, why should we be bothered to feed fish, instead of feeding human beings? The Catfish Farmers Association of Nigeria (CFAN) which made this known on Thursday in Port Harcourt, Rivers State, during the unveiling of Aquailis Fish Feeds noted that the price of the feeds was affecting farmers and consumers. -Feeds, floating feed of 60 grams per fish, which is approximately about four bags at 7,000 each cost 28,000-Local feed of 1,700kg at N160 per kg, at f c r of 1.7:1. cost 272,000-Cost of feeding: let assume it is N2,000 per month for five month cost 10,000-Cost of logistics: let assume it is N2,000 per month for five months cost 10,000 Retail Technology. The bolded ‘successful’ entails that in failing fish farming business, especially in Nigeria, the owners would instead invest in other expenses and waste funds on overstaffing and other irrelevant aspects. This is due to a collaborative effort between private companies like Triton and research organizations like the Nigerian Institute for Oceanography (NIOMR), according to the West and Central Africa Council for Agricultural Research and Development (CORAF).CORAF is Africa’s largest sub-regional research organization. Elisa Burrows, Partnership Manager at Fintrac, writes how offering financing for them can open up a world of opportunities.. Commercially bagged fish feed is a common choice among farmers in Nigeria, especially smallholder farmers, because it avoids the expensive overhead costs incurred in milling their own fish feed. CATFISH COST IN NIGERIA (price per kg) Week of January 30, 2017. The only solution for now is self feed formulation and production. The result of analysis is attached from animal Care. RE: How Can I Start Exportation Business? Our catfish feed is the only catfish feed endorsed by the Catfish Farmers Association of Nigeria (CAFAN) and comes in various pellet sizes which range from 2mm, 3mm, 4mm, 6mm, 9mm, etc. For your convenience, here is the exclusive price list again. Ogolo who asserted that about 70 per cent of fish consumed in Nigeria was imported emphasised the need for expansion of fish farming in the country to reduce importation. Few Months back, the Chairmen of Catfish Farmers Association of Nigeria (CFAN) affirmed that “High cost of feed is a big challenge we are facing. ... Feed accounts for over 70 percent of pig, poultry and fish farmers’ operational budgets, due to the high cost and scarcity of the main ingredients, maize and soya meal. Annual Conference FISON, Abeokuta, Nigeria, 16-20 Nov, 1992. For a small-scale catfish farmer in Nigeria, fishmeal comprises about 50% of aquaculture fish diets and represents 40-70% of total production cost. The high cost of fish feeds is affecting us”. (1992). AFEX Commodities Price Report Jan 26th – Feb 1st. CURRENT FISH FEED PRICES. For this reason, the subject of alternative feed has gained a … Nigeria is currently experiencing an uptick in fish feed production. If a farmer produces 100,000 birds he will lose at least 1,600 of them. Read Also: Guide On How To Start Lucrative Fish Farming In Nigeria Considering the unstable supply of fish feed together with the high cost of the feed, it has restricted the development of fish farming in Nigeria. Even though the server responded OK, it is possible the submission was not processed. Skretting 2mm-9375 (625 per kg) Coppens 2mm-11500 (766.67 per kg) Chi 2mm- 7000 (466.67 per kg) Vital Feed 2mm-6300 (420 per Kg) Aqualis 2mm-NA. Small size: N750 – 770. Coping with feed costs in Nigeria. Fish farmers in Nigeria have bemoaned the incessant hike in the cost of fish feeds, saying it is the reason for the rise in the cost of catfish. Proceedings of 10 th. At least, the fishes should be fed three times a day. How Many Pineapple Stems Can Be Planted In One Acre. Olam’s aquaculture business is expected to employ 150 workers and create additional 200-250 indirect jobs. Learn More{{/message}}, {{#message}}{{{message}}}{{/message}}{{^message}}It appears your submission was successful. Milk (regular), (0.25 liter) 229.10 ₦ Loaf of Fresh White Bread (125.00 g) 91.90 ₦ Rice (white), (0.10 kg) 76.09 ₦ Eggs (regular) (2.40) 98.29 ₦ RE: What Are The Ingredient For Poultry Feed. You have to either continue using it that way or use on-farm feed formulation method. Also, the operations budget for fish farming is lower than other farms. SEATTLE — Fish are a staple of the Nigerian diet and they constitute 60 percent of meat sold in Nigerian markets. So there is a good need for these locally made feed in other to help boost the economy of the country. You have entered an incorrect email address! In Nigeria, feed conversion ratio is typically 3.0 per cent coupled with high bird mortality rate. Extruded feed pellets are more cost efficient, improve quality of ratio and increase profitability for farmers. The balanced fish nutrition selects the ingredients and their nutrient content that would meet the needs of species grown at a more economical cost. One peculiar thing to note about fish farming business is that fish feeds consume a lot of money spent in the market. What are the best fish feeds in Nigeria and the types available? WhatsApp on 08095291619 Few Months back, the Chairmen of Catfish Farmers Association of Nigeria (CFAN) affirmed that “High cost of feed is a big challenge we are facing. You can check out this website for step by step guide feed formulation and production. By clicking "Sign up" you indicate that you have read and agree to the privacy policy and terms of service. What are other Benefits Derived from Pig Farming? We manufacture different kinds of machines ranging from Feed mill Mixer, Hammer mill, extruding … The Kwara mill has an initial capacity of 75,000 tonnes of fish feed per year that can be further scaled up. Local Fish Meal: N400 – N600. The way the meals are fed to catfishes have to be carefully executed because 700 two months old fishes can finish a 15kg feed bag in just 10 days! “We are encouraging our members and other farmers who are interested to go to the Bank of Agriculture and register to able to assess the loan,” he said. But fish feed cost should be only reduced on the basis of ensuring fish can get nutritional feed for good growth and health. Feeds: This include cost of various sizes of conventional and non-conventional feeds. coppens 2mm & 3mm - 5400 coppens 4mm & above- 5200 durantee 2mm = 5400 durantee 4mm & above = 5200 ziegler = 5200 aqua manna - 4000. local feed with 25kg fish meal/ 100kg = 26k. Note that all these prices are for the same 15kg bag of feed. Balogun, T.F. Trademarks: Kyassou animal feed. CATFISH FEED INGREDIENT COST IN NIGERIA (price per kg) Fish Concentrate: N1,350. however, go to the market and enquire. Fish Meal (72 percent): N1,000 – N1,100. The output was 800 x 9800 fishes, 200 was lost due to mortality. I won’t be factoring in the cost of getting a land.Catfish Farming in Nigeria startup costs: 500 fingerlings: N10,000 Wooden (VAT) tank construction and labour: N150,000 4-months’ worth of feeding: N150,000Total startup capital for 500 fishes: N310, 000 OPERATION & MAINTENANCE (O&M)Catfish farming doesn’t require a very high level of O&M. Re: Price Of Fish Feeds by Nobody: 3:29am On Jan 14, 2016. fm7070: depends on your location. According to him “High cost of feed is a big challenge we are facing. Submitted by Joe Steensma/WUSTL. They are available in containers or bags of 5kg, 15kg and 25kg. One of the barriers to increasing production is readily available, affordable and good quality floating fish feed – it currently accounts for over 70% of the local farmers ’ production costs. A tool to efficient and lo w cost fish feed production in Nigeria. He advised fish farmers in the state to key into the state government’s agricultural loan so as to improve food production. Fish farming is a huge industry in Nigeria, but smallholder farmers face several obstacles. Every successful fish farmers know this. {{#message}}{{{message}}}{{/message}}{{^message}}Your submission failed. We also have the problem of power supply”. This high cost of catfish feed … Fish Feed is the special food that we feed to fish to make them grow well and fast. BlueCrown 2mm-6000 (400 per Kg) The high cost of fish feeds is affecting us” The price has not been different from this below: Learn More{{/message}}. -Aqua special floating fish feed cost 5000-Fish Feed 45% crude protein cost N3,500-Ornamental fish feed cost N500-Prime fish feed cost N9000-Aqualis fish feed cost N6,800-Aquafeed fish feed cost N10,500-Skretting fish feed cost N6,700-Aqualic fish feed cost N2,500-Aler aqua fish feed cost N8000-Ecofloat fish feed cost N4,100 Price per bag is #37,000 Quantity in a bag : 50kg Contact me on 08095291619, 08079203789 or 07035429168. Resultant pork = 80% of 50kg = 35kg; Cost price per kg of pork = 32,250÷ 35 = #806.25; Selling price of pork per kg = #1,100; Profit per kg of pork = selling price of pork per kg – cost price per kg of pork = 1100 – 806.25 = #293.75 I m interested in being a broker. As of 15th of April 2018, the prices of these feeds were obtained from a local shop nearby. Only the lazy will not find such... Firstly, you need passion to stay long on forex market. Broiler Feed Prices in Nigeria. The high cost of fish feeds is affecting us. Please contact the developer of this form processor to improve this message. In the first month, the sum of N296,000 will be spent on the fish farm. We have help customers successfully formulated a local floating fish feed with local fish feed stuffs found in Nigeria. Most of the fish feeds are imported and since the dollar is still very high against Naira, no miracles. Often, farmers sell their fish at around $500 per kilogram, … Wats your email pls. You can also buy a fish feed extruder from us at an affordable price. Please contact the developer of this form processor to improve this message. When we depend on local feeds, it is cheaper, but the fish take time before they mature.” he added. Most of these catfish feeds are imported into Nigeria and cost an average of 5,500 Naira per bag 15kg bag. We provide small floating fish feed extruder to Nigeria at the prices from US$2000 to US$7500, capacity from 50 to 400kg/h. Learning so well, and also understand the market movers,  when... What is the the current cost of fish feed in Nigeria market today? The price has not been different from this below: Cost of Fish Feed and Feed Pelleting Machine in Nigeria. Highly Proteinous Sinking Fish Feed. At the first month, the fishes should be fed as frequent as possible. These fish feed pellets are specially formulated to float, thus they have been produced under best manufacturing practices (BMP). Nigeria / FISH FEED PRODUCTION NIGERIA . Low operating costs; Fish farming is known to have less threatening vices as opposed to other forms of farming. Vital Fish feed pellets. If you want to start fish feed business, you can get it form locally dealers & suppliers. The Catfish Farmers Association of Nigeria (CFAN) which made this known on Thursday in Port Harcourt, Rivers State, during the unveiling of Aquailis Fish Feeds noted that the price of the feeds was affecting farmers and consumers. ₦ 4,500. While speaking at the event, the State Chairman of CFAN, Mr. Clapton Ogolo reaffirmed that the prices of cat fish depending on their size, were increasing on a daily basis. Cost of Feeding: If the owner is not always available, the farm attendant must be paid either in cash or in kind. And it was sold at 800 naira each. With primary focus on Fish feed, which accounts for over 70percent of total farm costs, Olam has invested in Sub-Saharan Africa’s largest and most advanced fish feed manufacturing facility in Ilorin, Kwara State. Cost of feeding from day one to maturity stage is 200 bags of foreign feed = 1,000, 000 naira. Big size: N850 – 900. Medium size: N850 – 900. A significant factor affecting Nigerian fish farmer gains is the high cost of fish feed. Even if you join leading online marketplaces, you still have to ship to them to ship to the customer. Therefore Total cost of production = total cost of feed + other costs = 30,750 + 1500 = #32,250. After the average weight of the fish was 1.7kg. This is because of the affordable cost of fish, fish feed, and other operation tools. I am a charcoal and cashewnut export of long standing. © 2005-2019 AgroNigeria | All Right Reserved, Catfish Farmers Association of Nigeria (CFAN), Stakeholders divided on FG’s directive for Universities of Agric mandate, Kogi seeks support from World Bank to boost rice production, Soybean appreciates in June trading, overtops others till-date, Foreign Investors open opportunities for Marketers at Exhibition. It has been a major hindrance to our activities. RE: How Does One Become a Successful Forex Trader as a Beginner? Ohafia Community Petition Orji Over Cattles Rearears Menace. “The high cost of feeds is affecting the consumer as well because what farmer is putting in for production is added to the price of the fish. Smallest size: N700 – 720. We can deliever to any part of Nigeria based on the quantity demanded. 95 – 104. Extremely rich extruded Sinking fish feed with high amount of fish boosters, high protein content for superb growth and enough carbohydrates for weight of your catfishes. Additionally, we has also designed and manufactured low-cost and stable-quality 9FQ Series Fish Feed Milling Machine, always connected to fish feed mixer, in allusion to Nigeria fish feed market.With high grinding efficiency, it can be used to grind a variety of feed materials, like sweet potato leaves, soybean straw, dried grass and other coarse materials. It has been a major hindrance to our activities. For making more profits in aquaculture and fish farming business, Nigeria fish farmers need to cut down fish feed cost because it occupies a big part in the whole production chain. Please in respect to the feed formulation mentioned above, I don't get the full meaning of Boss and I want... Dear Opeyemi, please can I be able to reach you privately? Save my name, email, and website in this browser for the next time I comment. Fish farmers in Nigeria have bemoaned the incessant hike in the cost of fish feeds, saying it is the reason for the rise in the cost of catfish. Fish feed processed by extrusion are found to exhibit floating characteristics. It has been a major hindrance to our activities. The costs of broiler feed in Nigeria have already been listed above. The server responded with {{status_text}} (code {{status_code}}). Nigeria imports 90 percent of fish sold, giving little room for local fish farmers to develop successful businesses. 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