
How Much Does it Cost to Start Fish Farming?
Costs vary between indoor and outdoor set ups for raising fish. Building a pond can cost between $3,000 and $10,000. Indoor tanks can be less expensive, from $1,000 to $3,000.
Let’s look at basic needs for raising fish – oxygen, water and food.
Oxygen – whether you’re indoors or outdoors, you’ll need a water recirculating or aeration system. You can get by with an aeration system, for each tank or pond, and one of those will cost between $1,000 and $3,500. An integrated water recirculating system can cost a significant amount, from $10,000 to $100,000.
Water – You’ll need a minimum flow of 15 gallons per minute per surface acre of water. Obviously this cost would be exorbitant if you used metered water. You’ll need a good well.
Food – Commercial feed, pellets or fish meal, are readily available. But feed is 70% of operational cost. Some large scale farmed fish operations produce their own fish food pellets or fish meal. Farmed fish are artificially fed. Fish such as salmon can be fed smaller fish.
If you’re constructing ponds, expect a cost of about $2,000 for each acre of surface area.
After meeting the basic needs, you’ll need to calculate the cost of insurance. You’ll need a comprehensive policy so that you’re covered by “crop” failure. Fish can be wiped out by disease, or die because of mechanical or electrical equipment failures.