The high price of snakehead fish helps Tra Vinh farmers in Vietnam, make big profits

Published 2023년 5월 19일

Tridge summary

Tra Cu district in Tra Vinh, Vietnam, is renowned for its profitable snakehead fish farming, with farmers seeing a profit of nearly 20,000 VND/kg after a five-month rearing period, resulting in a profit of around 50 million VND per crop. The district has a total area of nearly 450 hectares dedicated to snakehead ponds, producing over 46,000 tons of fish annually. To prevent oversupply and maintain stable prices, farmers have started to spread their harvest, but when releasing seeds, they tend to do it in synchronization, leading to high market prices and substantial profits. However, the Agriculture and Rural Development Department of Tra Cu district has urged farmers to adopt a more spread-out farming approach to prevent market oversaturation and ensure a stable output market.

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Original content

According to snakehead farming households in Tra Cu district (the key snakehead farming area of Tra Vinh), snakehead fish raised in about 5 months will reach a weight of 0.7 - 1.2 kg/head, with a low investment cost. seed, feed about 32,000 VND/kg commercial fish. After deducting expenses, farmers make a profit of nearly 20,000 VND/kg of commercial fish, ie 1,000m2 of water surface, and farmers earn about 50 million VND/crop. Mr. Huynh Van Thao, Head of Agriculture and Rural Development Department of Tra Cu district, said that the whole district has an area of nearly 450 hectares of snakehead ponds, with an average commercial output of more than 46,000 tons/year. Having learned from many years of experience, fish prices are always low when in the concentrated harvest season, so in the last crop, most farmers switched to spreading the crop to avoid oversupply. However, in recent days, when preparing for a new crop, fish farming associations tend to release seeds at the same time. ...

Source: Vov