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Economic feasibility of prawn Macrobrachium production in South Carolina,USA
Authors:Larry L Bauer  Paul A Sandifer  Theodore IJ Smith  Wallace E Jenkins
Institution:Department of Agricultural Economics, Clemson University, Clemson, South Carolina 29631, USA;Marine Resources Research Institute, PO Box 12559, Charleston, South Carolina 29412, USA
Abstract:Cost and returns were estimated for freshwater prawn Macrobrachium rosenbergii farming as a supplemental enterprise in South Carolina in relation to the following factors: (1) existing versus new investment for ponds and water supply; (2) three stocking strategies (postlarvae alone, a 50:50 mixture of postlarvae and nursed juveniles and nursed juveniles alone) at various densities (2·15–8·61 prawns m?2); (3) a range of prices for seed stock ($0–50 per thousand); and (4) two marketing alternatives (sale of product as shrimp tails only or with the large animals marketed heads-on and the rest as tails). Net revenue estimates indicate that prawn aquaculture has potential to become a source of supplemental income to farmers in the coastal plain area of South Carolina and throughout much of the southeastern United States. This is especially likely if the enterprise can utilize existing pond facilities that are already discounted into the value of the land or were constructed during a period of lower investment costs. A prawn farm is unlikely to be profitable if postlarvae alone are stocked, even in existing facilities, but if a mixture of postlarvae and juveniles or juveniles alone are stocked in existing facilities, profitability is likely at seed costs up to about $40 per thousand.
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