Nigeria Catfish Price Per Kilogram/Business plans and Feasibility Study

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Nigeria Catfish Price Per Kilogram/Business plans and Feasibility Study is here for direction. Prices of catfish varies on a monthly basis depending on the season you are in. As a matter of facts, it is cheaper during the dry season to compare raining season. This is because, there are lots of sea food/river fishes available during the dry season. The ocean, sea, rivers, lakes and lagoons goes down to it minimum height. Opening new great harvest for most fishermen and women in the riverine areas.

Table of Contents

Catfish Price Per Kilogram relates with Supply and demand in Business plans/Feasibility Study

Supply and demand is perhaps one of the most fundamental concepts of economics. In like manner, it is the backbone of a market economy. Similarly, Demand refers to how much (quantity) of a product or service is desired by buyers. Furthermore, the quantity demanded is dependent on the amount a person is willing to buy at a certain price. The relationship between price and quantity demanded is known as the demand relationship. Likewise, Supply represents how much the market can offer. The quantity supplied refers to the amount of a certain good producers are willing to supply when receiving a certain price. Finally, the correlation between price and how much of a good or service is supplied to the market is known as the supply relationship. Price, therefore, is a reflection of supply and demand.

Business plans/Feasibility Study in relation to demand and supply

The relationship between demand and supply underlie the forces behind the allocation of resources, even in catfish production. In market economy theories, demand and supply theory will allocate resources in the most efficient way possible. How? Let us take a closer look at the law of demand and the law of supply.

Catfish Prices are affected by the law of demand and supply

As a matter of facts, fishes also obeys the law of demand and supply. The law of supply and demand is a theory that explains the interaction between the supply of a resource and the demand for that resource. Generally, low supply and high demand increase price. In contrast, the greater the supply and the lower the demand, the price tends to fall. This is what happens to fishes during the dry or rainy season.

Fish farmers must watch the season

What season are you now? How profitable is your fish when you sell now? As a fish farmer, you must know the season to stock and the season to sell. There is nothing bad in stocking every month and there is nothing bad in selling every month. Maximizing profit is every ones goal, especially farmers. Know when to sell your product in other to make maximum profit.

Feeding well is dependent on fish growth rate

All fishes grow well in normal circumstance with right feeding. When you refuse to feed well, know that your fishes will also refuse to grow well. Every good specie of catfish, especial Clarias gariepinus ought to grow up to 1kg at about four to five months of age maximally. When you refuse to feed well, it can stay up to a year, before it get to 1kg.

Making profit in catfish farming

Making profit in catfish farming is very possible every 4months. Stock post fingerling picking 2mm at least, and get you table size fishes for sell at 4months. There are lot of good feed out there. Am not advertising for any feed company. As a matter of facts, I will advise to feed with foreign feeds for a start before using your locally made ones.

Trends in catfish prices in Nigeria

“Chris Farms and Extension Services” alias “Chris Farm Nigeria” updates current catfish prices for all the state in Nigeria for free. What state are you doing your farming business? Login to http://www.chrisfarmnigeria.com/ to get current updates on catfish farming generally and your latest catfish prices in your location.

Nigeria Catfish Price

State	Capital	Average prices of catfish 2018	catfish price Jan 2019	catfish price Feb 2019	catfish price March 2019	catfish price April 2019	catfish price May 2019	catfish price June 2019
Abia	Umuahia	₦630
Adamawa	Yola	₦620
Akwa Ibom	Uyo	₦550
Anambra	Awka	₦650
Bauchi	Bauchi	₦600
Bayelsa	Yenagoa	₦700
Benue	Makurdi	₦580
Borno	Maiduguri	₦550
Cross River	Calabar	₦550
Delta	Asaba	₦600
Ebonyi	Abakaliki	₦650
Edo	Benin	₦630
Ekiti	Ado Ekiti	₦600
Enugu	Enugu	₦700
Gombe	Gombe	₦610
Imo	Owerri	₦680
Jigawa	Dutse	₦600
Kaduna	Kaduna	₦600
Kano	Kano	₦600
Katsina	Katsina	₦600
Kebbi	Birnin Kebbi	₦600
Kogi	Lokoja	₦580
Kwara	Ilorin	₦620
Lagos	Ikeja	₦650
Nasarawa	Lafia	₦580
Niger	Minna	₦580
Ogun	Abeokuta	₦600
Ondo	Akure	₦600
Osun	Oshogbo	₦600
Oyo	Ibadan	₦600
Plateau	Jos	₦580
Rivers	Port Harcourt	₦700
Sokoto	Sokoto	₦600
Taraba	Jalingo	₦600
Yobe	Damaturu	₦600
Zamfara	Gusau	₦600
FCT	Abuja	₦700

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Chris Farm Nigeria develops well self-explanatory, irresistible feasibility studies or business plan for your Business start ups, Business Growth or Expansions through either personal funds, Grants, or loans, which could be new or existing ones. We delight in writing for people under Academic sectors, production sectors, manufacturing sectors, processing or packing sectors, advertising sectors, marketing sectors and other related sectors on mini, middle and large scale businesses.

Generally, our feasibility study and business plans are developed so well that it becomes irresistible when you show them to your investors or sponsors. It gives you a clear picture of what you are expected to see when you put the feasibility study or business plans into use. It also shows how much it will cost you to own your desired business, what your money can afford. The kinds of product you will need to minimize input in other to maximize output, and how much returns you will get at the end of each accounting year until your business break-even on its initial investment capital. This will give the intending business person or investor or farmer, a vivid idea on the possible benefit he or she stands to gain, when he or she starts doing the business. With that, the intending business person or investor or farmer will not need a soothsayer to make decision for him or her.

You can use this format in developing your own business Plans and feasibility Study

OUR TABLE OF CONTENT INCLUDE;

SECTION I – EXECUTIVE SUMMARY
NAME OF BUSINESS / COMPANY
OFFICE & SITE LOCATION
MOTIVATION
MISSION STATEMENT
SOCIAL/ECONOMIC VALUE
PROJECT STATUS & START UP
WHY PREPARE THIS BUSINESS PLAN?
SECURITIES FOR THE PROPOSED LOAN
REPAYMENT
SECTION II – STUDY AREA
STUDY AREA
COMPANY OVERVIEW
MANAGEMENT TEAM
DEPARTMENTS IN THE COMPANY
EXPERIENCE
MANAGEMENT TEAM GAPS
SECTION III – INDUSTRY ANALYSIS
DEFINING YOUR INDUSTRY
YOUR INDUSTRY SIZE GROWTH RATE AND SALES PROJECTIONS
INDUSTRY STRUCTURE
MARKET OVERVIEW
MARKET SEGMENTATION
RELEVANT MARKET SIZE
KEY SUCCESS FACTORS
LONG TERM PROSPECTIVE
MARKET CHARACTERISTICS
SAMPLING TECHNIQUE
SECTION IV – CUSTOMER ANALYSIS
TARGET CUSTOMERS
CUSTOMER NEEDS
MARKET NEEDS / SOCIAL PROBLEMS AND SOLUTIONS
BUYERS BEHAVIOUR
MARKET SHARE
SALES FORECASTING
SECTION V – COMPETITIVE ANALYSIS
DIRECT COMPETITORS
COMPETITIVE ADVANTAGES
SECTION VI – MARKETING PLAN
PRODUCTS & SERVICES
FINISHED PRODUCTS
PRODUCT QUALITY AND PRODUCTION QUANTITY
PRODUCTION CAPACITY
PRICING
PROMOTIONS PLAN
DISTRIBUTION PLAN
SECTION VII – OPERATIONS PLAN
GENERAL APPROACH TO PRODUCTION
TECHNICAL ANALYSIS / PRODUCTION PROCESS
EQUIPMENT
PACKAGING REQUIREMENTS
SECTION VIII – FINANCIAL PLAN
REVENUE MODEL
FINANCIAL ANALYSIS
FINANCIAL ASSUMPTIONS
FINANCE CHARGES
FINANCIAL PROJECTIONS
FUNDING REQUIREMENTS/USE OF FUNDS
CRITICAL ASSUMPTIONS

FINANCIAL MODELS
SUMMARY OF PROJECT COST
BUDGET OF FIXED ASSETS / CAPITAL EXPENSES / INVESTMENTS
DEPRECIATION
UTILITIES
OPERATING EXPENSES (OPEX)
TOTAL REQUIRED INVESTMENT OUTLAY (REQUIRED START-UP CAPITAL)
FINANCING PLAN
INSTALLED / AVAILABLE EQUIPMENT
BREAK-EVEN ANALYSIS
LOAN REPAYMENT SCHEDULE AND INTEREST PAID
FORECAST OF PROFIT AND LOSS
CASH FLOW
BALANCE SHEET
GENERAL ASSUMPTIONS (BREAK EVEN ANALYSIS)
BUSINESS RATIOS – PROFITABILITY ANALYSIS
CONCLUSION
SECTION 3 – APPENDIX

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· NOTE; According to our policy, we are not “allowed / permitted” to disclose peoples business or written feasibility study, “to anyone”, irrespective of their personality.

· BUT, WE are permitted to display only executive summary.

· This is just a sample of our executive summary on poultry feasibility study and business plan, carried out in Rivers State.

· 1^st sample;

These Feasibility study on poultry farming business (specializing on layers and boilers production), was conducted using projections, impressive publications, compounding interest/values, tables, graph, bar chart, pie chart, profits analysis and cash flow positions in other to give a clear picture of what is obtainable in that location, using eight plots of land, at Esemdiary village, Off Effurun Sapele Road, Okpe LGA of Delta state, Nigeria as a case study.

Esemdiary village is a community in Okpe Local Government Area of Delta State with coordinates 05°26’N 5°57’E, which also plays the host community to the Warri Airport, which is actually located at Osubi.

Okpe Local Government is a territory that used to be part of the original Okpe Kingdom, its headquarters is at Orerokpe, with a population of 128,398 people whose primary occupations include commercial farming, fishing, hunting, trading and gas exploration.

After carrying out the feasibility study on Esemdiary village, Off Effurun-Sapele Road, Okpe LGA of Delta state, Nigeria, it was discovered that, farming generally will do well both on crop and animal production.

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