Economics of feeding
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This chapter aims to introduce concepts and methods in doing economic analysis applicable in aquaculture in general with emphasis in feed production and feeding in aquaculture farms. This chapter discusses the following topics: cost of producing feeds; simple single-input (feeds) and single output (fish) production function; indices for measuring economic efficiency of feeds; the least-cost combination; and linear programming as used in the allocation of limited resources such as feed ingredients that will meet the nutritional requirements of the fish.
Agbayani, R. F. (2002). Economics of feeding. In O. M. Millamena, R. M. Coloso, & F. P. Pascual (Eds.), Nutrition in Tropical Aquaculture: Essentials of fish nutrition, feeds, and feeding of tropical aquatic species (pp. 209-221). Tigbauan, Iloilo, Philippines: Aquaculture Department, Southeast Asian Fisheries Development Center.
- Cost of producing feeds
- Single input and single output production function
- The production function and the cost of production
- Economic efficiency of feeds
- Least-cost combination of feeds
- Minimum cost of feed formulation using linear programming
- Guide questions
- Suggested readings
PublisherAquaculture Department, Southeast Asian Fisheries Development Center
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Conference paperHR Rabanal - In JV Juario & LV Benitez (Eds.), Seminar on Aquaculture Development in Southeast Asia, 8-12 September 1987, Iloilo City, Philippines, 1988 - SEAFDEC Aquaculture DepartmentSoutheast Asia, a Subregion of the Asia-Pacific Region, is composed of countries of diverse socio-economic circumstances. Fisheries production, particularly that of the aquaculture sector, is relatively developed and is important to the economy of this area. Some 80 economic aquatic species are the subject of culture. Many of these species, which include fin fish, crustaceans, molluscs, and seaweeds, are produced in consequential quantities. Total production from the Subregion in 1983 amounted to about 880 000 mt which represented nine percent of total world aquaculture production in said year, and a 100% increase in the area within the decade (1975-1983). Unit production is comparatively low as it is usually done with the use of the extensive level of management developed after long years of experience by fish farmers. Higher rate of production in recent years is a trend especially for high value and exportable species like the penaeid shrimps. Aquaculture production tends to have accelerated growth while capture fisheries production tends to increase very gradually or levels off. Technical and non-technical constraints occur which hinder rapid progress of aquaculture in Southeast Asia. This will require the attention of research institutions and governments. However, bright prospects for future increase in production in this industry are developing in the area. Specific instances to support this forecast are discussed.
Conference paperK Fukusho - In TU Bagarinao & EEC Flores (Eds.), Towards sustainable aquaculture in Southeast Asia and Japan: Proceedings of the Seminar-Workshop on Aquaculture Development in Southeast Asia, Iloilo City, Philippines, 26-28 July, 1994, 1995 - SEAFDEC Aquaculture DepartmentAquaculture production in Japan in 1993 was 1,351,000 tons, 15.6% of the total fisheries production. About 93.6% came from mariculture and 6.4% from freshwater aquaculture. The per cent contribution of aquaculture to total production has increased in recent years but partly because marine fisheries,especially of sardine and pollack, have decreased. Aquaculture has reached a plateau, and decreased slightly between 1992 and 1993. Diverse marine and freshwater species are cultured in Japan — various fishes, crustaceans, mollusks, seaweeds, sea squirt, sea urchin, and others. Research and development in mariculture focus on finding substitutes for animal protein in feeds, improvement of fish quality, protection of the culture environment, use of offshore floating culture systems, and protection from diseases. Research in freshwater aquaculture has expanded to include recreational fishing, the propagation and preservation of endangered species, and the construction of fish ladders for salmonids and other migratory species.
Coastal fisheries and mollusk and seaweed culture in Southeast Asia: Integrated planning and precautions JW McManus - In TU Bagarinao & EEC Flores (Eds.), Towards sustainable aquaculture in Southeast Asia and Japan: Proceedings of the Seminar-Workshop on Aquaculture Development in Southeast Asia, Iloilo City, Philippines, 26-28 July, 1994, 1995 - SEAFDEC Aquaculture DepartmentCapture fisheries in Southeast Asia are characterized by rampant overfishing, made worse in many areas by problems of overpopulation and by inappropriate management strategies based on misconceptions about tropical fisheries. Mollusk culture and seaweed culture are frequently cited as means to alleviate fishing pressure and to provide substitute protein. There is great potential for expansion of these types of mariculture in terms of area used, species employed, and products generated. However, large-scale mariculture rarely provides significant employment, and the provision of low-cost protein in markets does not alleviate poverty in countries where food production is the primary means of employment. In cases where conflicts have arisen between mariculture development and ecosystem maintenance, mariculture has been favored by inappropriate economic valuations. Small-scale mariculture designed to provide alternative livelihood for fishers is worth developing, although limited by larval supplies and suitable farming areas. Mariculture should be approached as a species-diverse, small-scale enterprise within the framework of integrated coastal management.