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| Lambregts, Johannes Adrianus; Griffin, Wade L.; Lacewell, Ronald D.; Davis, James T.; Clary, Gregory M.. |
| Cost, returns, and economies of scale for small, medium and large catfish farms with recirculating ponds are presented for the upper Texas coast. Internal rates of return are 0.150, 0.183 and 0.219, respectively. Total investment is higher than farms with static ponds but investment per unit production capacity is 7 percent to 16 percent lower. Average total cost per pound is between $0.565 and $0.541, (11 percent 20 percent lower than farms using current technology). These results have implications for regional comparative advantage of catfish production as well as incentive for adoption of new technology in conventional ponds. |
| Tipo: Journal Article |
Palavras-chave: Aquaculture; Catfish; Economics; Off-flavor; Livestock Production/Industries. |
| Ano: 1993 |
URL: http://purl.umn.edu/15045 |
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| Clary, Gregory M.; Jordan, Johnny W.; Thompson, Carl Eugene. |
| Net present value analysis is used to derive the marginal bid price for a beef herd sire from after-tax net revenues and cash flow influenced by genetic improvements. Marginal bid price represents the additional amount a producer could pay, above the present value of the current beef herd sire, for a sire expected to exhibit superior performance as reflected by increased average weaning weights of offspring. An analysis of the profitability of purchasing a breeding bull for a commercial beef cow herd is presented as an application. Several alternative scenarios illustrate the impact of selected determinants on the marginal bid price of a bull. |
| Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries. |
| Ano: 1984 |
URL: http://purl.umn.edu/29739 |
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