How to Make Good Profits as a Catfish Farmer

Geregistreerd op: 09 Jun 2022 Berichten: 14

There are several factors that are making catfish farming in Ghana unprofitable, however, there are ways you can improve your profit margins and actually make some good money, at Farmelio, we produce catfish at a large scale in Ghana, here are a few things we did to make good money with catfish.

We drastically cut down the cost of feed: Notice that over 80% of the cost of producing catfish is feeding cost. You can drastically reduce that cost by over 50% to increase your profit margins. We utilized naturally available feed like duckweeds and maggots to drastically cut down our cost of production.
Reduce your mortality rate; Catfish are carnivorous in nature, and they would eat each other if you do not take the appropriate measures. There are a few things you can do to improve your mortality rate in your catfish production business. Let me be honest with you, if you ignore these tips that help reduce your mortality rate, you could easily record mortality rates upwards of 50%.
Process your fish; If you only produce fresh catfish for sale, the prices paid by middlemen are not encouraging, and could easily cause you to make losses. However, if you can smoke your own catfish, you could very well double your revenues and drastically improve your profit margins.
Get a better market; If you can cut down the middlemen, that would be great.
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Geregistreerd op: 27 Jan 2021 Berichten: 206

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