The Economics of Recirculation Aquaculture, Peter Rawlinson and William Dalton


The Economics of Integrated Agri-aquaculture By Peter Rawlinson and William Dalton ABSTRACT Recirculation (enclosed) systems represents relatively new technology with wide variation in system design and quality available. Through effective management of production variables, recirculation technology offers relatively more independence from the external environment. This translates to an increased level of control which can provide a basis for improved risk management. The trade off, of course, is a necessary increase in technology dependence and associated expense and the expertise to manage it. Sound and objective business planning at the outset will more than any other business variable determine the viability of an aquaculture venture. This paper investigates the financial and economic efficiencies of three scales of recirculation aquaculture production growing Murray Cod (Maccullochelli peelli peelli) at tonnages of 25 tonne, 50 tonne and 150 tonne. Best practice industry data is used (growth, FCR, mortality, equipment and running costs) in conjunction with AQUAFarmer feasibility software to determine the relationship with key bio-economic variables such as the sale price of the product, FCR, stocking density and growth. Aquaculture, Fisheries, and Externalities View Full Paper (PDF file) View Powerpoint Presentation (PDF file)

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