Profitability evaluation of resource allocation for growing redtail and Chinese shrimp

✍ Scribed by Sha Miao; Shunchi Tu

• Book ID: 104629822
• Publisher: Springer Netherlands
• Year: 1995
• Tongue: English
• Weight: 426 KB
• Volume: 3
• Category: Article
• ISSN: 0967-6120
• DOI: 10.1007/bf00121625

✦ Synopsis

A farming survey was conducted to evaluate the profitability of resource allocation for producing redtail shrimp, Penaeus penicillatus (Alock) and Chinese shrimp, P. chinensis (Osbeck). Data on production costs and total revenue according to different harvest sizes of shrimp species were collected based on 108 individual ponds operated by 25 surveyed shrimp farmers. The results indicated that growing Chinese shrimp to a marketable size of 12 g was the most profitable management strategy. The profits could be maximized by integrating small-scale farms to a 12.41 ha optimal farming area when the available resources remained the same as those for a 10 ha farm.