Aquaculture software - descriptions, sources, and links
□ Economic planning and analysis...
 

Economic Planning and Analysis

 

A Guide to the Financial Analysis of Shrimp Farming

Source

Granvil Treece, Aquaculture Specialist, Texas A&M University, 2700 Earl Rudder Fwy South Suite 1800, College Station, Texas 77845. Tel. (979)845-7527. Fax. (979)845-7525. email gtreece@unix.tamu.edu

The Shrimp Farming Financial Analysis/Spread Sheet for micro computers is available on three and one half inch diskette only for either Macintosh (Excel 3.0 or higher) or IBM/PC (Excel 3.0 or higher or Lotus 3.0 or higher). When ordering please specify which. US$25.00, includes a hard copy of program, a "read me" file, one diskette and shipping.

Description of the software and ordering procedures can be found under publications on the Texas Sea Grant web site at http://texas-sea-grant.tamu.edu/  or contact Stephanie Wilborn at sdw0321@acs.tamu.edu   for more information or to order program.

Use

This program was written by Wade L. Griffin, Professor, Department of Agricultural Economics, Texas A&M University and Granvil D. Treece, Aquaculture Specialist, Texas A&M University, Sea Grant College Program.1996.

Abstract (Nov. 1996 Version; Griffin and Treece, 1996)

In starting a shrimp culture business, one of the first steps is to develop a business plan. The business plan should contain a statement about the business and a financial plan. Once the basic business plan has been developed, it is necessary to demonstrate the economic feasibility over the planning horizon of the venture. This type of analysis is required by banks or investors for determining the financial success of the venture. The purpose for this program is to assist the user in conducting an economic feasibility analysis of a shrimp farm. To achieve this objective a financial analysis is conducted for a hypothetical intensive shrimp farm on the Texas coast. The hard copy of the analysis accompanying the diskette shows the results of the analysis and a "read me" file explains how to use the model and how to customize it to suite the users’ needs. The model includes seven (7) tables : 1. Unit Cost, Production, and Financial Assumptions; 2. Construction and Equipment Needs; 3. Farm Production and Inputs Used; 4. Capital Transactions and Various Financial Assumptions; 5. Pro Forma Cashflow Budget (Profit and Financial Return); 6. Pro Forma Balance Sheet; and 7. Pro Forma Income Statement (break-even analysis, sensitivity analysis). This financial model for a shrimp farm is developed in a fully integrated spread sheet. For example, if you want to change your stocking density, the model will automatically make all the changes to your cash flow, balance sheet, income statement, and rate of return.

Status

Originally submitted 1996, software update 1999.

 

AquaDEC

Source

Sea Grant Advisory Program, G022 McCarty Hall, University of Florida, Gainesville, Florida 32611, USA. Price: $20.00. Web: http://it.ifas.ufl.edu/software/sw68.html 

Use

A combination of budget and financial decision support tools that can be used for both start-up and on-going aquaculture businesses. Generates a variety of financial statements and supportive information including investment valuations, loans, depreciation and recovery, start-up and fiscal year balance sheets, monthly cash flow, income statement, equity, and marketing. Includes menu driven analyses and graphical outputs.

Status

Available (see web site)

 

AQUAFarmer V1.1

Source

Copies of the software ($AUD 750.00) can be obtained through NRE regional Information Centres or the Melbourne NRE Information Centre at e-mail publications.sales@nre.vic.gov.au and at the web site www.nre.vic.gov.au (via customer service,publications,order form). For any queries regarding AQUAFarmer, contact Peter Rawlinson (Peter.Rawlinson@nre.vic.gov.au), Fisheries Victoria, Victoria, Australia at (03) 96378519 or fax (03)96378119 or e-mail at Peter.Rawlinson@nre.vic.gov.au

Use

ECONOMIC FEASIBILITY SOFTWARE FOR RECIRCULATION AQUACULTURE

Fisheries Victoria (Department of Natural Resources and Environment, Victoria) has recently released an economic feasibility and financial planning modeling software tool called AQUAFarmer. The bio-economic model used can be classified as a non-optimising budget simulation which uses the growth, and FCR and mortality characteristics of a particular species and cash and accrual accounting principles to arrive at performance and profitability measures. Various scenarios using different bio-economic inputs (including risk) can be compared and contrasted. Version 1.1 has been specifically designed for recirculation aquaculture technology. The software has been developed to assist the emerging recirculation aquaculture industry and land based farmers who want to more thoroughly utilise their water resources by developing small scale fish farm systems to provide supplementary income. A comprehensive overview can be found at www.nre.vic.gov.au (via fisheries and aquaculture, aquaculture, business investment)

Status

Submitted 2000

 

Economic Spreadsheets

Source

North Carolina Department of Agriculture and Consumer Services.  Source: Matt Parker, Aquaculture Business Specialist, North Carolina Dept of Agriculture and Consumer Services,  Email: matthew.parker@ncmail.net, Web: http://www.ncagr.com/aquacult/pubs.html

Use

A series of economic spreadsheets (Microsoft Excel Format) are available for catfish, hybrid striped bass, crawfish, trout, clams, tilapia, and recirculating aquaculture systems.

Status

Available (see web site)

 

Shellfish Farm Spreadsheet and Economic Analysis Software Package

Source

New Jersey Sea Grant Communications Office, Phone: 908-872-1300. Price: $6.00.

Use

Provides prospective and practicing oyster farmers with estimates of profitability of user-defined oyster farms. Supports comprehensive financial analyses. May be adapted to other types of shellfish operations. User should be familiar with spreadsheet software.

Status

Availability not known

 

Softcrab Educational Program

Source

Louisiana Sea Grant College Program, Marine Resource Economics, Knapp Hall, Louisiana State University, Baton Rouge, Louisiana 70803, USA. Price: replacement diskette.

Use

Educates potential investors in recirculating soft-shell crab shedding systems. Some input data is not user accessible, realistic defaults provided. Generates income and cash flow statements.

Status

Availability not known