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- Title
ECONOMIC ANALYSIS OF RAINBOW TROUT CAGE FARMS DIFFERING IN SIZES.
- Authors
DEMIRCAN, Vecdi; DIKEN, Gurkan; SARICA, Deniz; DALGIC, Asli
- Abstract
This study aims to conduct an economic analysis of the farms breeding rainbow trout in cages in Türkiye. The study was carried out at Karacaören-I Dam Lake in the Western Mediterranean Region of Türkiye. The primary material of the study was the data gathered using the survey approach from all 21 farms. The farms were divided into three groups according to their capacities. According to the results, it was determined that as the size of the farm increased, the production costs per tonne decreased, and the gross and net profits, as well as the relative return, increased. In Groups I, II, and III, production costs per tonne were determined as $1,975.57, $1,703.01, and $1,384.23, respectively, and net profit was $514.21, $724.60, and $1,388.31. It was found that the profit margin of 1 kg of trout and the ratio of profit margin to sales price increased as the farm groups grew. Accordingly, farms in Group III made a profit of 48.90% from each kg of trout they sold, while farms in Group I earned 18.33% and in Group II made a profit of 28.23%. With these results, it was established that large farms were more advantageous from an economic standpoint.
- Subjects
TURKEY; FARM size; CORPORATE profits; RAINBOW trout; PROFIT margins; GROSS margins; AGRICULTURAL prices
- Publication
Scientific Papers Series Management, Economic Engineering in Agriculture & Rural Development, 2024, Vol 24, Issue 1, p295
- ISSN
2284-7995
- Publication type
Article