Fish Farm Feasibility Study

practice in the fish industry and provides a method of standardization for something as subjective

The article “the inuit paradox” starts off with an Inupiat woman describing the most common foods that she consumed growing up in an Inuit community in which foraging is necessary for survival. She describes that the traditional Inuit diet focused primarily on meat that was foraged from the environment.

2- The per unit profit for 1 Kg of "complete meal" = Price to DM - Total unit cost= 4.40 - 4.92 = (0.52).

              The Inuit tribe has used many natural resources in assisting them to provide food. As they hunt, many of their game don’t just provide food, yet more than that. The Inuit hunters have used sealskin and blubber, from seals they have caught, were used to make clothing, materials for boats, tents, harpoon lines, and fuel for heat and light. Their boats, harpoons lines, clothing, help them gather even more food.

As mentioned in the case description, tetrodotoxin is a molecule that blocks voltage-gated sodium ion channels. Describe the structure of a sodium ion.

Fish Magic is a combination of a charming scene decorated with vibrant colors to make one of the most famous paintings. The painting by Paul Klee has evoked multiple emotions in the audience, as it has it is full of aura. The Fish Magic by Klee was completed during his prime years as an artist before he died of scleroderma. The painting has however remained to be one of the pieces which sparked the creativity of the painter and infused a different level of skills to create a new figure.

Aquaculture can be defined as farming of aquatic organisms such as fish, crustaceans, molluscs and aquatic plants both in freshwater and saltwater. It has a wide range of ownerships from small family business to multimillionaire global industries.1It provides many job opportunities throughout the world. As an example Canadian aquaculture industry valued $ 5 billion Canadian dollars provides more than 130 000 jobs only in Canada.2Accelerated growth of aquaculture causes series of problems to both human health and environment.3Most bacterial species resides both in animals and well as in human will pathogenic to both. transfer of pathogens between the two host species is a common situation for most organisms.4 Most of the developing country aquatic farms are non-hygienic and stressful. This will lead to an increase of bacterial infection among most aquatic species. As a preventative and curative method farmers mix a huge amount of antimicrobial products with the aquatic feed.5 Since aquaculture is a global industry, Implemented laws and regulations are different from country to country. It is very difficult to implement global regulations relating to antimicrobial use.1

The Canadian Inuit were a domestic, tribal, egalitarian society in the 19th century. And some cultural changes occurred; making the Inuit adapt and become more aware of other resources they could get hold of, for gathering and hunting for food. In the 19th Century, the Europeans discovered the Inuit culture and this provided new resources for the Inuit to gain an easier way to gather and hunt for food. But because of the European influence, the Inuit’s culture changed to adapt with European Individuals living in their land, and European resources that had been made access to them. By this cultural change in the 19th century there was “an increased diversity in the social structure and material culture of the Labrador Inuit society” (Auger, 1993:27). The Labrador Inuit was a significant Inuit Society to have an ethnographical research made to understand a little bit more to; how the Inuit was affected and how the food process was changed. It will also be discussed the significant ideas and techniques that the Inuit used to gather and hunt for resources.

Guy Mills provided the board with a summary of selected site and segment data (see Appendix 1), and reported that the decreased profits in 2009 were caused by the Site 3 problems, the decrease in market value, the strengthening Canadian dollar versus the U.S. dollar, and the increased feed costs. He also indicated that he expected the four sites to yield an average of 3.8 million kilograms (950,000 kilograms per site) of harvested fish per year, assuming that no further unusual losses were incurred. Given the current market conditions and the risk of having to decrease prices or lose export sales to the U.S., the board decided that the company should move into other markets and diversify into shellfish farming. No dividends would be paid for the next year or two to free up some cash to invest in new projects. The board directed Mills to investigate establishing shellfish aquaculture sites and develop a business strategy for increasing the profitability of the current salmon operations. They indicated that any proposed investment should generate a minimum after-tax return of 10% within five years. Shellfish Aquaculture Opportunity Mills explored opportunities for diversifying into shellfish aquaculture. He found two potential opportunities (a mussel farm and an oyster farm) and wondered which one should be pursued or whether both should be pursued. A summary of the costs and yields for establishing these farms is provided in

Blake has been considering marketing the product on ebay and through direct internet sales to the consumer. Pricing has become a serious issue in this consideration. Competitors are selling similar products for far less than Yorktown can provide their product for. The consideration for international sales has been discussed, along with the possibility of regulating the illegal infringement of the patent through sterilization of the fish prior to sales in some areas that are difficult to regulate due to the international nature of the sales.

New England Seafood Company executives face a potential two-stage plan to move into the freshwater catfish market because of the banned oyster harvesting along much of the Atlantic and Gulf Coasts, and increased competition from foreign producers.  These factors have resulted in significantly lower yields for New England Seafood.  In order to stay in business, New England Seafood Company needs to look at harvesting and processing something other than seafood.  New England Seafood Company looks to

Lackawanna Valley Trout Unlimited is an organization dedicated to improve Coldwater conservation. LVTU chapter was started in 2008 by sportsmen that joined together in the conservation and preservation efforts of the river and other Coldwater fisheries in Northeastern Pennsylvania. The Trout Unlimited organization works closely with local conservation districts. Their organization generally holds general membership meeting once a month, and Board directors meeting once a month.

-What goals or objectives must be achieved by any potential solution to the problem? (eg. Must maximize market share)

Getting paid to go hunting and fishing sounds like a dream job, right, Well, it's a lot harder than you think. After comparing Texas A&M, The University of California - Los Angeles and Louisiana State University based on rural area, strength of program, and job opportunities, the University of Southern California - Los Angeles would be the best choice in helping me pursue my career in the outdoor industry. But as much fun as this sounds, there is allot of stress that accompanies it.

Delgado, C. L., Wada, N., Rosegrant, M. W., Meijer, S., & Ahmed, M. (2003). Fish to 2020: supply and demand in changing global markets. Retrieved from http://www.ifpri.org/sites/default/files/pubs/pubs/books/fish2020/oc44.pdf