Fhemmmy:



Hmmmmm . . .Let us look at 5000 Melange as example because i still put it to most people that, i dont see how someone could make money from this melange business . . .

5000 FIngerlings bought at 10 Naira = 50,000 Naira
Feeding at 150 Naira/ fish * 5000 Fishes - - - Will cost 750,000 Naira
Miscellaneous assuming is 5% of the total cost spent . . . This will now be 5% of 800,000 Naira and will be 40,000 Naira
Total expenditure seems to be 840,000 Naira

Total sales:
Assume we attain a average weight of 350g
This will give us 1750 kg
Sales of Melange i heard is 380 Naira /Kg if one is lucky . . . . . 665K Naira

Please gurus in the house, is there anything i am doing wrong in this calculation, if NOT i am yet to see how people could convince me that they are making money from melange.

jaz:
waiting!!

[b]I once heard someone said 100 Naira should be enough to get 350g melange in 2 and half months and if that is the case..... Robonski once said too that it is best you hatch yourself to make money in the melange business . . . . So let us break that one down too as well.
Feeding of 5000 fishes with 100 Naira each . . . . . . 500,000 Naira
Miscellanous of 5% . . . . . . . . . . . . . . . . . . . . . . 25,000 Naira

Lets assume no other expense.

Total sales for average weight of 350g (.35Kg)
Best case 380 Naira per kg of the fishes of 1750kg fishes - - - - - - - 665K Naira

Sales - Expenditures = Profit meaning 665K Naira - 525K Naira and that gives us 140K Naira
140 Naira broken down to monthly will be 56, 000 Naira per month

So again, let us await the guru in the house, except this is the method they are working and if this is what they are working with:
1. Is it truly possible for 100 Naira per fish to produce 350g of catfish in 2 and half month or is that just another dream?
2. Is it true that one will be able to sell melange at 380 Naira per kg?
3. Is 350g possible in 2.5 months?

Please gurus, shed more lights on this . . . . [/b]

Fhemmmy:



Hmmmmm . . .Let us look at 5000 Melange as example because i still put it to most people that, i dont see how someone could make money from this melange business . . .

5000 FIngerlings bought at 10 Naira = 50,000 Naira
Feeding at 150 Naira/ fish * 5000 Fishes - - - Will cost 750,000 Naira
Miscellaneous assuming is 5% of the total cost spent . . . This will now be 5% of 800,000 Naira and will be 40,000 Naira
Total expenditure seems to be 840,000 Naira

Total sales:
Assume we attain a average weight of 350g
This will give us 1750 kg
Sales of Melange i heard is 380 Naira /Kg if one is lucky . . . . . 665K Naira

Please gurus in the house, is there anything i am doing wrong in this calculation, if NOT i am yet to see how people could convince me that they are making money from melange.

ayosat:

Sir if melange is not profitable you won't see people doing it.
There are different sizes in melange 300g, 400g , 500g. The smallest of it is what you based your calculations upon. Of cause you don't expect to put #150 on a fish just to get 350g. The #150 you must have projected should take you to 500g. So it is now left for you to determine the grams you want to take it to. Some end up spending as low as #80 each for their cat. Some #100 each some above. But I don't expect people to spend more than #150 for each cat. What you are calculating is of the smallest case of melange and can never cost you #150 each if you know what you are doing.
Let's take the maximum case for instance. 500g *5000 @400 per kg. (500g can even go as high as #430 per kg). That will fetch you #1m at 2months or 2.5 months. And your cost on them will be #750000. That's about #250000 profit.
Mind you dealing with melange needs adequate care. You will need to feed them more than usual, so that they can grow faster.
They will need to be given all necessary drugs and multivitamins. water quality must be at the top agenda. You will need to measure their average weigh every two weeks to keep track of their growth.
Also don't stay idea. Go out , learn from people that are into melange. Learn from their sucess story, on what they are doing that is working for them. Bottom line, Before you plunge into it get yourself really prepare and I bet you, you will have good story to tell too.

Mascotlawman:
please my brothers and sisters, u people have been doing a great work here by assisting others. God bless us all. I have been begging for this, please robonski15, Juvefarms and other gurus. please I really need assistance from anyone who can send the E-manual to me. My email is Mills8312@gmail.com , I will really appreciate ur help.

ayosat:

Sir if melange is not profitable you won't see people doing it.
There are different sizes in melange 300g, 400g , 500g. The smallest of it is what you based your calculations upon. Of cause you don't expect to put #150 on a fish just to get 350g. The #150 you must have projected should take you to 500g. So it is now left for you to determine the grams you want to take it to. Some end up spending as low as #80 each for their cat. Some #100 each some above. But I don't expect people to spend more than #150 for each cat. What you are calculating is of the smallest case of melange and can never cost you #150 each if you know what you are doing.
Let's take the maximum case for instance. 500g *5000 @400 per kg. (500g can even go as high as #430 per kg). That will fetch you #1m at 2months or 2.5 months. And your cost on them will be #750000. That's about #250000 profit.
Mind you dealing with melange needs adequate care. You will need to feed them more than usual, so that they can grow faster.
They will need to be given all necessary drugs and multivitamins. water quality must be at the top agenda. You will need to measure their average weigh every two weeks to keep track of their growth.
Also don't stay idea. Go out , learn from people that are into melange. Learn from their sucess story, on what they are doing that is working for them. Bottom line, Before you plunge into it get yourself really prepare and I bet you, you will have good story to tell too.

Fhemmmy:



Hmmmmm . . .Let us look at 5000 Melange as example because i still put it to most people that, i dont see how someone could make money from this melange business . . .

5000 FIngerlings bought at 10 Naira = 50,000 Naira
Feeding at 150 Naira/ fish * 5000 Fishes - - - Will cost 750,000 Naira
Miscellaneous assuming is 5% of the total cost spent . . . This will now be 5% of 800,000 Naira and will be 40,000 Naira
Total expenditure seems to be 840,000 Naira

Total sales:
Assume we attain a average weight of 350g
This will give us 1750 kg
Sales of Melange i heard is 380 Naira /Kg if one is lucky . . . . . 665K Naira

Please gurus in the house, is there anything i am doing wrong in this calculation, if NOT i am yet to see how people could convince me that they are making money from melange.

Fhemmmy:


Nice one, i never said they are not making money, i just want us to share how possible it is to make money . . . . However, i dont see the 250K Naira as profit even from your calculations and here are the reasons why:
1. Where is the cost of buying the fingers and even if you hatch, wont you pay yourself for the hatching?
2. Where is the cost of fuel and other expenses like the drugs that you have mentioned
3. Is it really truly possible to get 500g in that 2.5 months
4. 430 Naira per Kg, is that truly possible?
Again, please we are just trying to learn together oh, i am not saying you not right, sir . . . .What do i know anyways, i am just a novice.

ayosat:

@professor Fhemmy... i said it from start, that if you want to make any meaningful profiit in melange, you have to raise them in large quantity. The higher you go, the more profit you make. I'm not a guru in melange farming but my point here is based on what I have leant and discussed with people that are into it.That is why melange farmers need to come in to clear out some issues here . all the same. On expenses you have to find a way to limit them. For instance I know someone that changes water at 12 midnight just to keep cost at the lowest level( cos thats the time NEPA gives them electricity). And how much is drugs? If your fish are OK you may not even spend #3000 on drugs and multivitamins. On fingerlings you either hatch, buy fries or fingerlings which ever works for you. Some don't have the heart for melange thinking it has no profit in it, but some it is what they know how to do best. That is why I say before you go into it, learn the routine first .you need to find the strategy that will work for you ni.

I beg oh . . . . But you have spoken well and we will wait for people that are so much into it.

robonski16:


My chairman firstly i have said it times without number that buying fingerlings/juvenile to melange is not feasible you hatch yourself, stock and sell the rest to buy feed.. more so spending #150 to get an average weight of 350grms after three months is NULL, their average weight should be half a kg that is 500grms, some farmers don't spend up to #150 in raising their melange.

500grms x 5000= 2500kg

2500kg x #400= 1million profit

#150 to raise one fish plus miscellaneous.... #150 x 5000= 750,000

#100,000,000 - #750,000 =#250k (net profit)

If you read my write up on melange i said 5000 to me is the least you can stock and you have to continue a cycle before harvest. you can be harvesting every month.

jaz:
@ ayosat.

your contribution is highly invaluable!

Fhemmmy:


The chairman himself have spoken . . . Melange farming here we come . . . .

ayosat:
can you explain why?

ayosat:
as a novice you always claim, we won't be surprise to wake up one day and find your book on 'catfish farming' in every bookstore in Lagos .

Fhemmmy:


Amen oh . . . But wait a minute, would you buy such book if you see am?

Fhemmmy:


Amen oh . . . But wait a minute, would you buy such book if you see am?

ayosat:

Sir if melange is not profitable you won't see people doing it.
There are different sizes in melange 300g, 400g , 500g. The smallest of it is what you based your calculations upon. Of cause you don't expect to put #150 on a fish just to get 350g. The #150 you must have projected should take you to 500g. So it is now left for you to determine the grams you want to take it to. Some end up spending as low as #80 each for their cat. Some #100 each some above. But I don't expect people to spend more than #150 for each cat. What you are calculating is of the smallest case of melange and can never cost you #150 each if you know what you are doing.
Let's take the maximum case for instance. 500g *5000 @400 per kg. (500g can even go as high as #430 per kg). That will fetch you #1m at 2months or 2.5 months. And your cost on them will be #750000. That's about #250000 profit.
Mind you dealing with melange needs adequate care. You will need to feed them more than usual, so that they can grow faster.
They will need to be given all necessary drugs and multivitamins. water quality must be at the top agenda. You will need to measure their average weigh every two weeks to keep track of their growth.
Also don't stay idea. Go out , learn from people that are into melange. Learn from their sucess story, on what they are doing that is working for them. Bottom line, Before you plunge into it get yourself really prepare and I bet you, you will have good story to tell too.

ayosat:
can you explain why?

Ttalk:


I refer to people that want to know about catfish business to read this thread from beginning to the last stage, it covers most of things you need to know about the business of catfish, and it is understandable because you will learn practical experiences of people and the contribution from different gurus which make it very rich

ayosat:
why not...if it is written by our great Professor Fhemmmy. it will even serve as an evidence of no more " I'm a novice".

robonski16:

una no go kill person for this thread with laff

robonski16:

in·val·u·a·ble
adjective
extremely useful; indispensable.
"an invaluable source of information"
synonyms: indispensable, crucial, critical, key, vital, necessary, irreplaceable, all-important

jaz:
i meant highly valuable oo infact sef i don confuse

Fhemmmy:


My Chairman at the top, the fisherman of the year . . . .

robonski16:


My chairman no dey wine me jare we dey expect your manual

I can send you the e-Manual for how to successfully export rides to Nigeria jooooo . . . . .

soft777:
HELLO HOUSE PLEASE I NEED A GOOD AND EDUCATED CATFISH HATCHERY MANAGER TO MANAGE MY HATCHERY AFTER OTA ::: HATCHERY ALREADY IN PLACE AND ACCOMODATION IS ON THE FARM . AT LEAST MANAGER SHOULD HAVE AN WORKING EXPERIENCE BEFORE. PLEASE INTRESTED PERSONS CAN CONTACT ME BY MY EMAIL egbadon.andrew@yahoo.com or buzz or rather flash MY FRANCE NUMBERS ARE 0033753341818 or 0033753897776 AND I WILL CALL BACK IMEDIATELY: SALARIES AND OTHER BENEFITS WILL BE DISCUSSED WHEN WE TALK THANKS ALL AND HAVE A BLESSED DAY.

robonski15:
The minimum you can stock is 5000
www.agricnetwork.com

robonski15:


It depends on your feeding pattern and the type of feed you give to them..You will need #30-#40 to produce 1 melange and #120-#150 to produce 1 table size..

lagbaja:


This was what Robonski posted as his cost of raising an average piece of Melange which to me makes sense ( from my experience), the N150 mentioned by Femmy is for 1kg of Melange.

I am sure you quoting chairman robonski of 1930..... and like someone said, lots of people are using 90 Naira to raise melange while could be up to 150 Naira

Chairman Robonski has thought me and belexyfarms that 1kg is not melange Oh but a table size grow out

And I don't even wanna mention how much dem talk to raise one because each time I do, my heart beats faster .