How much does a bag of fish feed cost in Nigeria?
The different prices of fish floaten feeds in Nigeria depends on their protein contents. Some have 35% protein, some 45% etc….
| FEED | size (mm) | Price per bag |
|---|---|---|
| BlueCrown Fish Feed | 0.8 to 9 mm | ₦10,500 |
| Vital Fish Feed | 1 to 9 mm | ₦7,100 |
| Zeigler Fish Feed | 1 to 9 mm | ₦12,000 |
| Chi fish Feed | 1 to 9 mm | ₦6,200 |
How do I start a fish feed business?
Fish feed production business plan
- You need to go through the list of licenses, permits, and registrations required to start a fish feed production business.
- The second is the land needed to start a business.
- Then there is the list of ingredients needed to make fish feed.
- Next buy the machinery to produce fish feed.
Is fish feed business profitable?
The fish feed production business can be considered as one of the most profitable agribusinesses that someone can venture into. The reason is that, there is nothing like the risk and high costs of growing fish, which of course, is normally cost plenty of money to run such business.
How much is Skretting fish feed?
Skretting Floating Fish Feed 1mm (Micro 100), Packaging Type: Bag, Packaging Size: 15kgs, Rs 127 /kg | ID: 22608076912.
How much is 1kg catfish in Nigeria?
Lagos Last updated: Wednesday, May 26th, 2021
| DATE | MODE | PRICE |
|---|---|---|
| 21/12/2020 | Fish Price | ₦1,000.00 |
| 21/12/2020 | Fish Price | ₦950.00 |
| 21/12/2020 | Fish Price | ₦900.00 |
| 21/12/2020 | Fish Price | ₦850.00 |
How do you manufacture fish feed?
Modern fish feeds are made by grinding and mixing together ingredients such as fishmeal, vegetable proteins and binding agents such as wheat. In the current technology, fish feed extruders play a key role in production lines.
How much profit does a fish farmer make in Nigeria?
The current market price for 1kg of fish is N800 so you can generate sales of N380, 000 (475 X N800). With an invested capital of N310, 000 and sales of N380, 000, your gross profit margin is 22.58%. Catfish farming doesn’t have a good cash flow. You won’t be able to sell every day or every week.
How much is a bag of fish feed in Nigeria 2021?
A bag of fish feed, which usually equates to between 13 kg and 17kg, sells for between N6, 000 – N8, 000, depending on the brand you are going for.
How many months does it take catfish to mature?
For any farmer to benefit from catfish maturity, he or she must wait. However, some catfish species mature earlier, say 4 months, while others mature late (5 months and above).