Academic Journal

Implications of feed and seed costs in Asian seabass mariculture in the face of climate change

التفاصيل البيبلوغرافية
العنوان: Implications of feed and seed costs in Asian seabass mariculture in the face of climate change
المؤلفون: Divu, D, Mojjada, Suresh Kumar, Sudhakaran, Prateesh, Swathi Lekshmi, P S, Muktha, M, George, Grinson, Tade, Mayur Shivdas, Mojjada, Ramesh Kumar, Radhakrishnan, K, Vinuja, S V, Shree, Jai, Subramanian, Aarsha, Ignatius, Boby, Suresh, V V R, Gopalakrishnan, A
بيانات النشر: Frontiers
سنة النشر: 2024
المجموعة: Central Marine Fisheries Research Institute, Kochi, India: Eprints@CMFRI
مصطلحات موضوعية: Feed, Climate change, Seabass, Aquaculture, Mariculture
الوصف: Mariculture, a sustainable and rapidly growing aquaculture sub-sector, meets global seafood demand while reducing strain on wild fish stocks and continues to expand worldwide. However, rising feed and seed costs pose significant challenges, overshadowing other farming expenses. Climate change exacerbates the profitability of sea cage farming, increasing volatility. The surge in fishmeal costs has a detrimental impact on operational expenditure (Opex) and continues to be a threat. Consequently, sea cage farming in India is at a critical juncture, needing a balance between technological advancements and stakeholders’ fiscal needs. In this context, this study examines peer-reviewed synthesized data by employing metrics to evaluate the implications of feed and seed costs in Asian Seabass (Lates calcarifer) sea cage farming over a 10-year horizon. The total sales revenue over the 10-year period was US $100,848, with a net profit of US $55,198.89. A 30% increase in feed and seed prices significantly altered the economic dynamics of the enterprise, leading to an 8.8 and 9.2% rise in the respective break-even points. There was also a significant effect on the Benefit–Cost Ratio (BCR), with a 30% increase in each factor resulting in a 10 and 18% change in the projected BCR, respectively. Therefore, the significance of feed and seed cost has been established, necessitating an inevitable shift from low-value fish to formulated feed adaption for sustainable mariculture development. The study suggests improvements to existing practices to maximize efficiency and minimize production costs.
نوع الوثيقة: article in journal/newspaper
وصف الملف: text
اللغة: English
Relation: https://eprints.cmfri.org.in/19063/1/Frontiers%20in%20Sustainable%20Food%20Systems_2024_Divu%20D.pdf; Divu, D and Mojjada, Suresh Kumar and Sudhakaran, Prateesh and Swathi Lekshmi, P S and Muktha, M and George, Grinson and Tade, Mayur Shivdas and Mojjada, Ramesh Kumar and Radhakrishnan, K and Vinuja, S V and Shree, Jai and Subramanian, Aarsha and Ignatius, Boby and Suresh, V V R and Gopalakrishnan, A (2024) Implications of feed and seed costs in Asian seabass mariculture in the face of climate change. Frontiers in Sustainable Food Systems, 8. pp. 1-14. ISSN 2571-581X
DOI: 10.3389/fsufs.2024.1352131/full
DOI: 10.3389/fsufs.2024.1352131
الاتاحة: https://eprints.cmfri.org.in/19063/
https://eprints.cmfri.org.in/19063/1/Frontiers%20in%20Sustainable%20Food%20Systems_2024_Divu%20D.pdf
https://www.frontiersin.org/journals/sustainable-food-systems/articles/10.3389/fsufs.2024.1352131/full
https://doi.org/10.3389/fsufs.2024.1352131
رقم الانضمام: edsbas.4126971A
قاعدة البيانات: BASE
الوصف
DOI:10.3389/fsufs.2024.1352131/full