Profitable Fish Farming

Practical advice for profitable fish farming…

Catfish and Catfish Feed Ingredient Prices – Week of January 28, 2019

  

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Here at Profitable Fish Farming we will be publishing a weekly update including the latest price of table size catfish as well as other catfish feed ingredients you will need for a profitable catfish farming business in Nigeria.

We have personal experience with some of these ingredients — and have used them to achieve as much as 100 percent profit in our catfish farming business. We also supply (or can connect you with suppliers for) some of the ingredients we use that we think will yield the best results. Ingredients we supply are indicated — and you can contact us if you’re interested in getting any of these ingredients from us.

CATFISH COST IN NIGERIA (price of table size catfish per kg)

  • Tiny size: N540
  • Smallest size: N620
  • Small size: N670 and N750 for Hybrid
  • Medium size: N720 for Clarias and N800 for Hybrid
  • Big size: N720 for Clarias and N850 for Hybrid

FLOATING FISH FEED

Aller Aqua

  • 2mm: N9,000
  • 3mm: N8,600
  • 4mm: N8,200

Skretting

  • 2mm: N9,370
  • 3mm: N8,620
  • 4mm: N6,600

Eco Float

  • 3mm: N4,350
  • 4mm: N4,300
  • 6mm: N4,200

Blue Crown

  • 2mm: N6,200
  • 3mm: N5,750
  • 4mm: N5,750
  • 6mm: N5,500

Note: We use Blue Crown and Eco Float floating feed as a much cheaper and reliable substitute to Aller Aqua and Skretting floating feed, and we can supply both in case you are interested.

CATFISH FEED INGREDIENT COST IN NIGERIA (price per kg)

  • Local Fish: N400
  • Fish Meal (Senegal): N400/N500 depending on quality.
  • Fish Concentrate: N1,100
  • Fish Meal (72 percent): N900
  • Fish Meal (65 percent): –
  • Poultry Meal: N380
  • Bone Meal: N70
  • Local Blood Meal: N200
  • Imported Blood Meal: N300
  • Bern-seed: N100
  • Soya Meal: N150
  • Full-Fat Soya: N210
  • GNC: N120
  • Dough: N80
  • Maize: N80
  • Garri (low quality): N70
  • Garri (high quality/koko garri): N75
  • Biscuit waste: N90
  • Molasses: N100

NOTE: We use and supply cheaper and reliable local fish meal as an alternative to the expensive 72 percent fish meal. We can also connect you to people who can supply all of the other ingredients.

CATFISH FINGERLINGS (price)

  • Fingerlings: N10
  • Post-fingerlings: N15
  • Juvenile: N20 – N30

NOTE: If you are interested in any of the above ingredients, we might be able to link you to a supplier. Feel free to reach out directly to us.

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4 Comments

  1. Abiodun Ariyo

    Good morning. can you link me to a buyer of grow out catfish. Regards

  2. OPEYEMI FOLORUNSO

    I must commend the great job you are you doing on the platform. I feed my fish with a combination of Skretting and Ecofloat feeds raising them from Juveline to 1kg in about 5 months. My average cost of feed per kg comes to about N300 with FCR of about 1.3. The profit margin is not bad but I believe it can be better.

    I was advisde to buy raw material and mill my feeds at least for the last one or two months of the cycle.

    I am quite sceptical about the quality of the material and the priscribed formulae.

    What is your take on this? Can I get the quality raw material from you?

    Thank you.

  3. Tobi

    Great

  4. Samuel Bolaji

    nice write up plz cost of raising 1000 fingerling for Six months

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