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Why most fish farmers fail: a must read for beginners

Fish farming isn't a fast track to success or a money ritual. However, I can tell you with my whole heart that fish farming is profitable; you can make between 35 to 200% profits if you know your way. Despite this fact a lot of people still stumble into the business and find it hard to survive while those who survive find it really difficult to breakeven which makes them end up robbing Peter to pay Paul. They use the money they earn from their other business to fund their fish farm.

A lot of fish farmers who are salary earners are struggling; with their business bleeding seriously, but you won't know because the business looks big and flamboyant. However, if you ask for their records you'll see they are almost going bankrupt. As a matter of fact the fish farm can't sustain itself and it will crash if they resign from their paid employment. Some farms don't even see the need to keep records so they don't even know if they are making profit or loss.

Here are some reasons why farmers make loss or struggle to survive the tilde of fish farming:

1. Seedlings:

Getting a bad seed has crashed your business right from start. Getting a wrong breed will also cause problems for you in the long run. It is important to know that clarias grows faster than hetero and hybrid and Dutch clarias is better than clarias G and hybrid and hetero are stronger than clarias and can withstand bad water conditions better than clarias based on personal experience. However this is subjected to your market and customers preference. If you need melange, clarias is better than hybrid. If you need big size hybrid is better and if you have the market for hybrid breeders you can do hetero and grow them into brood stock and sell. A two year old hetero might not be up to a kg but it's a good brood.

2. Over Estimating Your Profit:

This is one of the major problem of starters. I've heard it times without number "how many fishes can my pond take," "how many fishes can I rear in this size of pond to table size," but I'm here to tell you today that success in fish farming won't start until you stop asking those questions and start asking, "how many fishes can I rear to table size with X amount," it makes no sense to stock 10, 000 seeds because your tank can take them and then hang along the Line because you don't have money to feed them. It is better to stock 1, 000 and feed them well than stock 3, 000 and starve them. The reason why people stock beyond their capacity is due to the fact that they want to make profit. If I do 1, 000 fishes I make ₦150, 000 profit. If I do 10, 000 I'll make ₦1.5 million or even more but truth be told it doesn't work that way. The fact that you spent 10 naira to breed a fish doesn't mean you'll spend ₦20 to breed 2 fishes. Half the expenses isn't double the profit too. So, the first question to ask is how much do I have? Second question is how many fish can I raise with it?

3. Effective Management:

I hear a lot of people saying I want to do fish farming but I don't have time, if you don't have time just leave farming because trustworthy people are very rare. They'll mismanage your enterprise and they'll leave.

Under management we have:

a. Water Management: Ensure there is clean water and all parameters are okay to give great growth. If you have the capacity to run flow through from a good water source, you'll be amazed at the growth you'll get.

b. Feed Management: Do not cut cost thereby underfeeding your fish. Feed with quality feed not expired feed. Remember because the feed is expensive doesn't mean it is better. Don't buy name, buy quality.

c. Space: Give your fishes quality space. Catfish has the capability to hibernate growth if they sense the space won’t take them...and once they activate that hibernation they'll only eat to survive not to grow. Make sure your pond is at least 3 feet water level. Also catfish prefer a rectangular pond to a circular or square pond... The length enables them to have space to swim to and fro giving them great growth and also make sure not to overstock the pond, make sure a fish has at least 15 to 20 litres of water for optimum growth and lower FCR. Remember it is better to rear 1, 000 fish and get an average of 3kg than to rear 3, 000 fishes and have an average of 1kg size within the same period of time.

- Faustina Ezinne

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