FISH FARMING – GET STARTED TODAY!
Fish farming is one of the various agricultural ventures one can get into. It involves raising of fish for commercial purposes.
When getting into fish farming, consider fish like tilapia, catfish, Nile perch etc. There are many species of fish, but as an agribusiness venture, consider the demand for the fish. Click To Tweet At the end of the day, like any other business, your aim is to make a profit.
Here are some things to consider when getting into fish farming:
- Species/ Type
As we stated earlier, depending on the area you set up your fish farm, look at the demand and market for the fish. This will help determine the type of fish you will farm.
Depending on your location, size of farm, type of fish and many other factors, get the right costs before diving in. Do not work with assumptions as this may not give you the right figures.
Ensure you have a good source of water to ensure the health, growth, and productivity of the fish. You will need a lot of water in this venture and having it easily accessible will be helpful to you. Take care of your water. Fish need water for their oxygen.
Consider the best fish housing option for your farm and adopt it. This may be a pond, or plastic lined constructed pond structures. Consider the size of the ponds and the cost. Do thorough research on this so that you have all the required knowledge. You can get this from other farmers or government institutions dealing with fish farming.
Take care of your fish by giving them quality food. This will ensure growth and productivity. Learn about timings and quantity required by your fish so as not to over or underfeed them. In addition to the natural food found in the ponds like plankton and aquatic plants, you may want to supplement this with feeds made specifically for fish that are available in the market.
Most noteworthy, when buying the fingerlings, opt for a reputable hatching farm that will provide you will healthy fingerlings.
Understand the demand, prices, and competition. Go out and look around at what other farmers are doing. Be aggressive in your marketing and be business minded. Aim for minimal losses and great profits.
Take advantage of every training, (and mentoring) opportunity that comes your way. Attend workshops, pay for a class or farm tour etc. Gather as much knowledge as possible to help you in your agribusiness.
In conclusion, just like any other business, fish farming comes with its risks. Be vigilant and work smart and achieve your goals.