PRODUCTION, PRICE AND RISK FACTORS IN CHANNEL CATFISH FARMING

Gregory D. Hanson, Martin, Neil R., and John B. Flynn

Southern Journal of Agricultural Economics, 1984, vol. 16, issue 01, 10

Abstract: The effects of several production/management, price and risk factors upon channel catfish profitability are analyzed with a multiperiod mixed-integer linear programming model. Factors analyzed include pond size and optimal stocking rates, alternate levels and trends in catfish prices, pond production losses and level of family consumption withdrawals. Model results indicate that channel catfish offer the potential to significantly increase farm rates of return while providing an avenue of intensive farm growth, without expanding the land base of the farm. However, the long range financial success of the firm was very sensitive to several of the management and risk factors examined.

Keywords: Production Economics; Risk and Uncertainty (search for similar items in EconPapers)
Date: 1984
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:sojoae:29618

DOI: 10.22004/ag.econ.29618

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