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Economic viability of the piauçu Leporinus macrocephalus (Garavello & Britski, 1988) production

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Author(s): Takahashi Leonardo Susumu | Gonçalves Flavio Daolio | Abreu Janessa Sampaio de | Martins Maria Inez Espagnoli Geraldo | Ferreira Antonio Carlos Manduca

Journal: Scientia Agricola
ISSN 0103-9016

Volume: 61;
Issue: 2;
Start page: 228;
Date: 2004;
Original page

Keywords: costs | profitability | economic analysis | sensitivity analyses | fish farming

ABSTRACT
Brazilian fish farms presented an accelerated development during the early 90's, mainly because of the increase in fee-fishing operations. To meet the demand of this market, fish production and supply became excessive and, as a consequence, the number of fee-fishing operations, farmers and the final selling price, decreased. This study analyzes the technical aspects, production cost, profitability and economic viability of the production of piauçu (L. macrocephalus) in ponds, based on information from a rural property. Feeding and fingerling costs amount to approximately 47.1% of the total production cost, representing together with the final selling price the most important factor affecting profitability. The payback period was 8.3 years, the liquid present value US$ 291.07, the internal return margin 9%, and the income-outcome ratio was 1.01, which represents an unattractive investment as a projection based on current conditions. The improvement in productive efficiency enhances the economic valuation index, and that the relative magnitude of cost and income are the most important points for the economic viability of the studied farm.
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