Nigeria Catfish Price Per Kilogram/Business plans and Feasibility Study

Nigeria Catfish Price Per Kilogram/Business plans and Feasibility Study

Nigeria Catfish Price Per Kilogram/Business plans and Feasibility Study is here for direction. Prices of catfish varies on a monthly basis depending on the season you are in. As a matter of facts, it is cheaper during the dry season to compare raining season. This is because, there are lots of sea food/river fishes available during the dry season. The ocean, sea, rivers, lakes and lagoons goes down to it minimum height. Opening new great harvest for most fishermen and women in the riverine areas.



 

Abuja Catfish Price Per Kilogram/Business plans and Feasibility Study

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Catfish Price Per Kilogram relates with Supply and demand in Business plans/Feasibility Study

 

Supply and demand is perhaps one of the most fundamental concepts of economics. In like manner, it is the backbone of a market economy. Similarly, Demand refers to how much (quantity) of a product or service is desired by buyers. Furthermore, the quantity demanded is dependent on the amount a person is willing to buy at a certain price. The relationship between price and quantity demanded is known as the demand relationship. Likewise, Supply represents how much the market can offer. The quantity supplied refers to the amount of a certain good producers are willing to supply when receiving a certain price. Finally, the correlation between price and how much of a good or service is supplied to the market is known as the supply relationship. Price, therefore, is a reflection of supply and demand.

Business plans/Feasibility Study in relation to demand and supply

The relationship between demand and supply underlie the forces behind the allocation of resources, even in catfish production. In market economy theories, demand and supply theory will allocate resources in the most efficient way possible. How? Let us take a closer look at the law of demand and the law of supply.

Catfish Prices are affected by the law of demand and supply

As a matter of facts, fishes also obeys the law of demand and supply. The law of supply and demand is a theory that explains the interaction between the supply of a resource and the demand for that resource. Generally, low supply and high demand increase price. In contrast, the greater the supply and the lower the demand, the price tends to fall. This is what happens to fishes during the dry or rainy season.

Fish farmers must watch the season

What season are you now? How profitable is your fish when you sell now? As a fish farmer, you must know the season to stock and the season to sell. There is nothing bad in stocking every month and there is nothing bad in selling every month. Maximizing profit is every ones goal, especially farmers. Know when to sell your product in other to make maximum profit.

Feeding well is dependent on fish growth rate

All fishes grow well in normal circumstance with right feeding. When you refuse to feed well, know that your fishes will also refuse to grow well. Every good specie of catfish, especial Clarias gariepinus ought to grow up to 1kg at about four to five months of age maximally. When you refuse to feed well, it can stay up to a year, before it get to 1kg.

Making profit in catfish farming

Making profit in catfish farming is very possible every 4months. Stock post fingerling picking 2mm at least, and get you table size fishes for sell at 4months. There are lot of good feed out there. Am not advertising for any feed company. As a matter of facts, I will advise to feed with foreign feeds for a start before using your locally made ones.

Trends in catfish prices in Nigeria 

“Chris Farms and Extension Services” alias “Chris Farm Nigeria” updates current catfish prices for all the state in Nigeria for free. What state are you doing your farming business? Login to http://www.chrisfarmnigeria.com/ to get current updates on catfish farming generally and your latest catfish prices in your location.

 

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 Nigeria Catfish Price

State
Capital
Average prices of catfish
2018
catfish price Jan
2019
Feb 2019
 March 2019
 April  2019
 May  2019
June  2019
Abia
Umuahia
630
Adamawa
Yola
620
Akwa Ibom
Uyo
550
Anambra
Awka
650
Bauchi
Bauchi
600
Bayelsa
Yenagoa
700
Benue
Makurdi
580
Borno
Maiduguri
550
Cross River
Calabar
550
Delta
Asaba
600
Ebonyi
Abakaliki
650
Edo
Benin
630
Ekiti
Ado Ekiti
600
Enugu
Enugu
700
Gombe
Gombe
610
Imo
Owerri
680
Jigawa
Dutse
600
Kaduna
Kaduna
600
Kano
Kano
600
Katsina
Katsina
600
Kebbi
Birnin Kebbi
600
Kogi
Lokoja
580
Kwara
Ilorin
620
Lagos
Ikeja
650
Nasarawa
Lafia
580
Niger
Minna
580
Ogun
Abeokuta
600
Ondo
Akure
600
Osun
Oshogbo
600
Oyo
Ibadan
600
Plateau
Jos
580
Rivers
Port Harcourt
700
Sokoto
Sokoto
600
Taraba
Jalingo
600
Yobe
Damaturu
600
Zamfara
Gusau
600
FCT
Abuja
700

List Of Nigeria Catfish Price Per Kilogram/Business plans and Feasibility Study

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General Info On Feasibility Study And Business Plans

Intuitively, our feasibility study and business plans are explicit. Likewise, becomes irresistible when you show them to your investors or sponsors. It gives you a clear picture of what you are to see. Especially, when you put the feasibility study or business plans into use.

More Info On Feasibility Study And Business Plans

Similarly, it shows how much it will cost you to own your desired business, what your money can afford. The kinds of product you will need to minimize input in other to maximize output. Likewise, how much returns you will get at the end of each accounting year until your business break-even on its initial investment capital. Lastly, this will give the intending business person or investor or farmer, a vivid idea on the possible benefit he or she stands to gain, when he or she starts doing the business. However, the intending business person or investor or farmer will not need a soothsayer to make decision for him or her.

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