Seriously the way the prices of feed formulation has increased I doubt if one can still break even and make a little profit.

I have tried different things like first month imported feed and other months local feeds but still yet could not get capital back.

I will appreciate if any practicing farmer can share its experience here

Thanks

Maybe with locally-formulated feed, otherwise, it's impossible to recoup your capital let alone break-even.

There is a way to go abt it and even make profit

Call Aquabiz & Agric Enterprises for your Fingerlings &
Juveniles,we sell day-old chicks,broilers-150 naira,pullets
(layers)-250 naira,hybrid turkey-1,700 naira,local turkey-550
naira,white cockrels-25 naira,black cockrel-80 naira,Noiler -
125 naira,4 weeks broiler-600 naira,4 weeks cockrel-250
naira,.point of lay -14 weeks-1,350,old layers-1,300 naira,battery cages -150,000 naira,catfish fingerlings -15
naira,catfish Juvenile -25 naira,Oven-dried catfish (200 grams)
-1 pack -1,200 naira,Mobile ponds -120,000 naira,Fish-booster
-1000 naira,Vitamin A fortified yellow cassava stem-50
pieces-700 naira,1 bundle-1,500
naira,Herbicides,weedout,sprayers -8 litres and 16 litres also availablie.We provide transport and logistics for point of lays
and old layers,we are in Ibadan and supply anywhere in
Nigeria.

There are still lots of profits in catfish farming. Even if you use foreign feeds all through you will still make profits.
Assuming you raise 1000 fishes to table size which will not cost up to N300,000. Assuming you even get 800kg out of the 1000 fishes and you sell at N700 per kg, you will get N560,000. Which means you can still make N260,000.
With good water management and stocking of good seeds, you spend less on feeds.

paulavon:
There are still lots of profits in catfish farming. Even if you use foreign feeds all through you will still make profits.
Assuming you raise 1000 fishes to table size which will not cost up to N300,000. Assuming you even get 800kg out of the 1000 fishes and you sell at N700 per kg, you will get N560,000. Which means you can still make N260,000.
With good water management and stocking of good seeds, you spend less on feeds.

Obviously, you are not into the business. A bag of vital feed(local feed) is 6000. There is no way 300k will raise 1000 catfish to table size. Secondly, who will buy Catfish at 700 per kg. Op this is a very wrong time to venture into catfish farming ask any catfish farmer and they will confirm it. Most people are thinking of abandoning their farms myself inclusive.

PatrickOkunima:
Obviously, you are not into the business. A bag of vital feed(local feed) is 6000. There is no way 300k will raise 1000 catfish to table size. Secondly, who will buy Catfish at 700 per kg. Op this is a very wrong time to venture into catfish farming ask any catfish farmer and they will confirm it. Most people are thinking of abandoning their farms myself inclusive.

Good bro that's how they MI's lead people on line
There is no way 500k will even give u an average of 800g with the current hike in fish feed on 1000 fishes
It really very sad many will crash out from the biz next yr

PatrickOkunima:
Obviously, you are not into the business. A bag of vital feed(local feed) is 6000. There is no way 300k will raise 1000 catfish to table size. Secondly, who will buy Catfish at 700 per kg. Op this is a very wrong time to venture into catfish farming ask any catfish farmer and they will confirm it. Most people are thinking of abandoning their farms myself inclusive.

Thanks for assuming am not in the business and only you know about the business. Check my thread and tell me if you know the business more than me.If you keep selling your fishes at N500 then continue, others are selling up to N800 now.

let me share my experience with you, I stocked 1700 catfish juveniles in my farm early august. I only bought 50kg of vital feed to boost their growth. when I ran out of feed, I fed them worms from my poultry farm, unfertile eggs from poultry hatchery and chicken mortality till date. thus I will be ready to sell the fishes January 2017. imagine what my profit would be like, even if I sell @ N400 per kg, I will still make profit.
my advice is that you locate a farm that help you with worms, mortality and unfertile eggs and unhatched eggs. this will help reduce your cost of feeding.
feel free to contact me for more info

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Prosperousman:
let me share my experience with you, I stocked 1700 catfish juveniles in my farm early august. I only bought 50kg of vital feed to boost their growth. when I ran out of feed, I fed them worms from my poultry farm, unfertile eggs from poultry hatchery and chicken mortality till date. thus I will be ready to sell the fishes January 2017. imagine what my profit would be like, even if I sell @ N400 per kg, I will still make profit.
my advice is that you locate a farm that help you with worms, mortality and unfertile eggs and unhatched eggs. this will help reduce your cost of feeding.
feel free to contact me for more info

Thank you for sharing your experience, some people make catfish business look so expensive and hence discourage others from venturing. look at the way you improvised your feeding through alternative sources,and there are other means of feeding too to cut down cost. I state it again that even if you want to feed with foreign feeds all through you will still make profits.
please explain more how you prepare the unhatched eggs before feeding?

paulavon:
let me share my experience with you, I stocked 1700 catfish juveniles in my farm early august. I only bought 50kg of vital feed to boost their growth. when I ran out of feed, I fed them worms from my poultry farm, unfertile eggs from poultry hatchery and chicken mortality till date. thus I will be ready to sell the fishes January 2017. imagine what my profit would be like, even if I sell @ N400 per kg, I will still make profit.
my advice is that you locate a farm that help you with worms, mortality and unfertile eggs and unhatched eggs. this will help reduce your cost of feeding.
feel free to contact me for more infoThank you for sharing your experience, some people make catfish business look so expensive and hence discourage others from venturing. look at the way you improvised your feeding through alternative sources,and there are other means of feeding too to cut down cost. I state it again that even if you want to feed with foreign feeds all through you will still make profits.
please explain more how you prepare the unhatched eggs before feeding?

it is not possible to feed your fishes with foreign feed and make profit. kindly tell us where you sell your own fish at 800/kilo and I will give you 100 on each kilo I sell to your contact. I am waiting for your reply, I have over 5000 kilo to sell

Good evening dondemex, I stumbled on a post you made as regards cpa and IG monetization method. Kindly approve my request to send a mail. Thanks. In anticipation of a swift response.

alternative sources of feed like maggots,single cell protein (scp) from animal waste product and getting more nutrients from your local formulation by converting to mash gel feed is the way forward