SALTWATER SHRIMP PRODUCTION SYSTEMS

 

 


 U.S. Saltwater Shrimp Aquaculture Production
 
This project was conducted in collaboration with the MSU-Department of Agricultural Economics, and the University of Southern Mississippi-Gulf Coast Research Laboratory. The overall goal of this project is to evaluate the feasibility of each biosecure marine shrimp production system developed by the member institutions of the U.S. Marine Shrimp Farming Program.

The development of modular indoor shrimp production systems is desirable for bio-security against shrimp diseases. In addition, such systems can be located inland, away from coastal sites that may be infected with shrimp viruses. Mobility of site location can also provide a quality shrimp supply to regions with high consumer demand. If enclosed bio-secure shrimp production systems are economical to operate they will have a future in the U.S. Years of research have resulted in viable indoor, bio-secure shrimp production facilities, but production cost estimates and financial measures of success are needed to analyze a diverse set of alternative rearing schemes and assist investors in their decision-making process.

The Bio-economic Recirculating Shrimp Analysis Software (contact MSU Office of Intellectual Property and Technology Licensing) was originally developed to aid consortium researchers determine the viability of their production systems under presently obtainable biological production scenarios as well as to assist them in predicting their system's economic performance under foreseeable future production levels and economic costs. The model's objectives have evolved to evaluate the economics of commercial-scale ventures as well. Specifically, the model aims to provide a simulation tool that quickly analyzes the profitability of alternative biological, financial, and construction options for indoor bio-secure recirculating shrimp production system; the model will assist consortium scientists evaluate current and future research efforts toward developing viable production systems; and to assist investors in their decision-making process toward adopting these shrimp production systems.

The logical expansion of the Bio-economic Recirculating Shrimp Analysis Software would be to look at vertical integration of the hatchery, nursery, production, and processing components. A processing component would provide information on the amount of shrimp required to make its operation efficient and profitable, leading back to the number of recirculating greenhouses (nursery and production components) and hatcheries systems required to supply the processors need. It is not required that only recirculating systems be used to supply the processing sector and modeling of a low salinity component and a pond component seem logical. These suggested future work items begin to reveal the critical mass of components required to make consortium production systems viable in the U.S. Economic modeling can provide one way of envisioning this future.

 

Publications and Presentations

  • Posadas, Benedict and Terrill Hanson. Stochastic Models for Shrimp Processing Systems in the Northern Gulf of Mexico. Paper to be presented at the Economics Session of the 2008 World Aquaculture Society Annual Meeting in Orlando, Florida. February 9-12, 2008
  • *Posadas, B. C. and T. Hanson. 2006. Economics of Integrating Nursery in Indoor Bio-secure Recirculating Saltwater Shrimp Growout Systems. In PingSun Leung and Carole Engle (eds.). Shrimp Farming: Economics, Market, and Trade. Blackwell Publishing.
  • Hanson, Terrill R., Addison Lawrence and Benedict C. Posadas. 2006. Economics of Partial Harvesting in Super-Intensive Recirculating Shrimp Production Raceways. Presentation at the 6th International Conference on Recirculating Aquaculture, July 21-23.
  • Hanson, Terrill R., Addison Lawrence and Benedict C. Posadas. 2006. Economics of Partial Harvesting in Super-Intensive Recirculating Shrimp Production Systems. Presented at the Aquaculture America 2006 annual meeting, Las Vegas, Nevada, February 13-16.
  • Hanson, T. R. and B. C. Posadas. 2005. "Economics of Super-Intensive Shrimp Recirculating Systems." Paper presented at Aquaculture America 2005 - Image, Sustainability and All that Jazz, January 17-20, New Orleans, Louisiana. Abstract published.
  • Bio-economic Recirculating Shrimp Analysis Software. Software Copyright. Terry Hanson, Benedict Posadas. This software assists farmers in the use of greenhouses to enlarge shrimp before stocking in outdoor ponds. This approach gains growout time for shrimp while the weather outside the greenhouse is still too cool for direct pond stocking. The model was developed to analyze production cycles, quantities and values for feed, labor, fuel, heating, interest, etc. for a commercial-scale operation.
  • Hanson, Terrill R. and Benedict C. Posadas. 2004. Bio-Economic Modeling of Recirculating Shrimp Production Systems. In T. T. Rakestraw, L. S. Douglas, and G. F. Flick (eds.) Proceedings of the 5th International Conference on Recirculating Aquaculture, 55:144-151. Virginia Polytechnic Institute and State University, Blacksburg, Virginia.
  • Posadas, Benedict C. and Terrill R. Hanson. 2003. Economic Considerations of Recirculating Saltwater Shrimp Production Systems. Page 236 in Books of Abstracts, Aquaculture America 2003, World Aquaculture Society, Baton Rouge, Louisiana.
  • Posadas, B. C. and T. R. Hanson. 2003. Economic Considerations of Recirculating Saltwater Shrimp Production Systems. Paper presented at Aquaculture America 2003, Kentucky International Convention Center, Louisville, Kentucky, February 18-21.
 

Aquaculture Market Reports

 
U.S. Aquaculture Situation and Outlook Reports. This report is prepared by USDA-Economic Reserarch Service twice a year. According to Cornell University-Mann Library, which posts this report under Specialty Agriculture in its website, it examines the U.S. aquaculture industry, including production, inventory, sales, prices, inputs, and trade of catfish, trout, tilapia, salmon, mollusks, crawfish, shrimp, ornamental fish and new species.
 
For more information contact: Dr. Benedict (Ben) C. Posadas
 
MSU-CREC

 MSUcares.com

 Sea Grant

Aqua Economics