What do shrimp farmers expect in each crop?

Price, size or production…. Which one do shrimp farmers expect in each crop?

Higher price for big-sized shrimps is only a necessary condition to achieve maximum profit.

Normally seafood enterprises will encourage farmers to target big size.  Whether the big size and good prices will decide a higher profit for them? The follow information will help you find out a proper approach and make the best choice for your operations.

The big size is necessary but not sufficient

On the market, the prices of big-sized shrimp are normally 1.5 times higher the prices of small ones. Therefore, shrimp farmers are often advised to raise their shrimps to the size of 15-25 pieces per kilo to get higher prices.  However, higher price is only a necessary condition for achieving maximum profit. Apart from the price other factors such as survival rate, final output, total investment amount, farming duration will contribute to the success and profitability of a shrimp crop. Besides, shrimp farmers also need to keep their eyes on market development to make suitable adjustments.

With these facts in mind, achieving the target of big-sized shrimps is an advantage but doesn’t always determine the success of shrimp farming.

The secrets to maximize profitability

One of the secrets to maximize profitability is balancing and saving input costs.

The cost of feed often accounts for over 50% of the total input costs and it depends on a lot of factors such as the quality of shrimp seed , the quality of feed, the way of feeding, the water quality and especially the way shrimps are raised.

Hence, good management of feed conversion ratio (FCR) will play an important role because this will not only allow shrimp farmers to stop wasting money but also avoid bad impacts on shrimps’ health and environment.

Another problem is the cost of shrimp seed. Although it makes up for a small proportion of the total investment amount the quality of shrimp seed will determine the success or failure of a crop.

High quality shrimp seed means higher survival rate and stronger growth rate resulting in saving money. Especially, shrimp seeds provided by the leading aquaculture enterprises will ensure uniform quality and help farmers feel assure.

Some success stories of shrimp farmers have demonstrated that even a shrimp farm with a high percentage of medium-sized shrimp could earn a profit higher than expected thanks to the optimization of operating costs, investment in high-quality shrimp seed and high yield.  

The case of Bay Tai in Dong Nai was a typical example.  He could harvest more than 28 tons of commercial shrimp from his six shrimp ponds (6,000 square meters in total) and could earn a profit of above VND2.5 billion.

Another case was Nguyen Van Hung in Quang Xuong district (Thanh Hoa province). He has achieved success for many consecutive years. Recently Hung has made a dream profit of over VND10.8 billion as he could harvest 130 tons of medium-sized shrimp (30-40 pieces per kilo from his 10 shrimp ponds with a total area of 28,000 square meters.

These success stories above share the same thing that is the harmony of many elements. In which high-quality shrimp seed is a must for input combined with suitable farming model and the optimization of the total investment amount.

These shrimp farmers have trusted Viet Uc Seafood Corporation’s shrimp seed especially new generation shrimp seed – VUS Leader 21 which has many outstanding traits such as faster growth, better adaption to environment, enhanced resilience to climate and diseases, especially higher survival rate, uniform sizes and stable production.

Viet Uc Seafood Corporation will hold an online event at 7 PM on December 10, 2021 (Friday night this week) on its YouTube channel and Fanpage Việt Úc. The event will share their secrets and tips for maximum profitability.

Joining the event, shrimp farmers can ask aquaculture experts to get helpful answers for improving efficiency and profit of shrimp farming.