Vitarich Launches Pangasius Catfish Contract Farming
Posted by Leo in News-Articles 11,980 Views
Poultry firm Vitarich Corp. has opened a growout opportunity for pangasius farming as pangasius is projected to hit a $ 2-billion export value in 2010 as fish has become a food alternative for meat worldwide.
With a rate of return of 10 to 20 percent over a short period of time of six months, Vitarich is optimistic of a lucrative venture in pangasius, a type of catfish. The interest in pangasius has surged as Vietnam earned $ 1 billion from pangasius’ fish fillet in 2007.
“There is increased worldwide demand for pangasius in European countries, the US, Australia and Russia. Other countries are still being developed, (and) export prices are high,” said Vitarich in a statement.
China is one of the big markets for the fish.
While the country can serve other markets as it is in the position to promote better branding compared to other countries that have deteriorating image, Vitarich officials said pangasius also has expanding local market in high-end restaurants, hotels, and fast food chains.
Thailand has similarly started expanding its pangasius fish farming in order to meet export markets in the United States. However, existing supply is not out to satisfy the big market. Malaysian catfish producers prefer to sell their catfish to the local market rather than export the products.
Vitarich has set up three schemes with pangasius farming entrepreneurs — contracts for growing, contract to buy, and contract for commercial growing.
“Investors start-up capital varies depending on whether they have the facility or not. On operation side the smallest is 5,000 fingerlings which can cost him around P400,000,” said Vitarich.
A technical assistance will be extended by Vitarich to growers. Technology transfer also involves details of distribution of fish products including fillet, live fish, frozen fish (chilled, gutted, headless), and other by-products such as trimmings, skin, and head and belly.
Under the contract growing agreement, Vitarich, which supplies fingerlings and feeds to a contract-grower, has a standard growers fee of P10 per head. Ownership of fish and feeds remains with Vitarich, but operating expenses are incurred by the grower.
While the grower pays an equity of P15 per fingerlings, he has no right to sell the fish or feeds as he will receive payment for the fish after harvest.
For the contract to buy (CTB), fingerlings and feeds will be paid by the CTB partner, and the CTB partner also owns fish and feeds. Vitarich buys at P50 per kilo the fish from the CTB partner who also has an equity of P5 per fingerlings.
“Payment is on cash-offsetting transaction. Operating expenses to be shouldered by CTB partner,” according to the contract terms.
Read more details here
For more information, contact:
Vitarich Corporation
MacArthur Highway, Abangan Sur,
Marilao, Bulacan
Trunklines connecting all departments
PLDT : (02) 843-3033
Digitel: (044) 711-2829
Globe : 0917-516-8686 or 0917-) 516-3509
Fax : (02) 843-3033 local 400
Web: www.vitarich.com
See also: Pangasius Catfish, New Business Opportunities
source: Melody M. Aguiba, www.mb.com.ph
Read Related Posts:
2010 · All Rights Reversed ·
pwede ba alagaan ang pangasius sa brackish water kasi may palaisdaan kami sa macalelon na almost 1 hectare at 3 yrs na di nalalamnan
Based on the study conducted by Anuar, H and A.Y. Nurulazneer of the Inst. Tropical Aquacul., Univ. of Malaysia entitled “Adaptability of Putin Bunga, Pangasius sutchi (=P. hypopthalmus) larvae and juveniles to brackishwater”, Pangasius larvae and juveniles can tolerate a maximum salinity of 8ppt.
Brackishwater has a salinity of over 20ppt.
The paper did not say if Pangasius will grow at this salinity because their experiment was limited to 48 hours salinity exposure.
I thought you already have a pangasius hatchery because you have advertised to sell fingerlingws.
Pangasius maybe easier to grow than tilapia and hito, but its hatchery is more complicated. You will need to construct hatchery facilities specific for this fish.
There is an article on the breeding of Pangasius in this site. Go over it and it will give you an idea how it goes.
Pwede ang Pnagasius sa Brackishwater.
Sa South Vietnam pag tag-ulan sa buwan ng Setyembre -Nobyembre nasa 0 – 3 ppt ang salinity ng tubig sa mga sapa at palaisdaan. Pagdating ng December at January tumataas na ang salinity mula 6 hangang 10 ppt. Karaniwang harvest ng Pangasius ay April na at ang salinity ay nasa 15 na.
Although, by nature kung nasa wild sila ang Pangasisus ay umaakyat na mula sa bukana pataas sa Mekong Delta. Pero sa mga cage enclosures at ponds nabubuhay pa rin sila kahit ang salinity ay mataas na.
Bakit di mo subukan?
Regards,
JuN D.
can any1 help me teaching how to breed this pangasius, i had tilapya breeders also in bulacan.. im interested to this pangasius fish.. i’ve alreadfy tried raising tilapya and african catfish, seems pangasius are more interesting.. i’ve heard to somes aqua raisers, this pangasius are more easier to raise and eventually lesser the mortality… hoping that they can assist me in breeding this pangasius.. u can call me or txt me thrue my fone no# 9275826090
@ahl, this link will go you an idea: (read also “Related Posts”):
http://www.mixph.com/2009/06/pangasius-culture-business-guide.html
hi,im graduating student from DAVAO DEL NORTE STATE COLLEGE. i was encouraged by the rising star in aquaqulture!
if you want to start pangasius business email me..
i am an employee in vitarich..
Dear All,
1st reminder – can any one help me find correct person for the replies to my questions and suggestions. thanks and regards,
Nadeem Alam
— On Sun, 31/5/09, nadeem alam wrote:
From: nadeem alam
Subject: Fw: Commercial culture-farming of Pangasius Tra and Basa at our farms in Sindh Pakistan
To: worldofpangasius@worldofpangasius.com.vn
Cc: seafoodofvietnam@yahoo.com
Date: Sunday, 31 May, 2009, 6:15 PM
DFSF-NA-PANGAS-VN -EMF-09 DATED 30-05-09
From: Nadeem Alam (Dilshad Fish & Shrimp Farms) dfsfarms@yahoo.com
To: Pangus Farmers – Experts – Nguyen Huu Khanh President of the Fishfarmers Association AFA of An Giang through
worldofpangasius@worldofpangasius.com.vn. seafoodofvietnam@yahoo.com
vfp@seafoodfromvietnam.com.vn
Sub: Commercial culture-farming of Pangasius Tra and Basa at our farms in Sindh Pakistan .
Dear Sir(s),
After successful culturing the Indian and Chinese carps successfully for many years at our farm we would like to go into commercial culture of Pangasius, the more we read about it the more we are obsessed by this fish – the main advantage in its culture is the quantity stocked per acre, its growth rate and that if cultured properly one can take two crops per year?
For your information besides commercial carp culture, we in collaboration with PARC Pakistan Agriculture Research Council have carried out many experiments of fish prawn culture and are now planning to establish a pilot scale fresh water prawn hatchery for malcolmsonii. (Photographs attached)
Please note besides our grow out area we have separate portions of different acreage which could be year-marked for Pangas culture after some modifications, other portions A and B could be used at a later date as well. We can easily manage lot of trash fish which is available near or adjacent to our farm from canal networks.
Before proceeding further we need a lot of information guidance from (NACA) your side and other Pangus farmers – experts enabling us to judge the feasibility of medium – large-scale commercial farming of Pangasius Tra and / or Basa in Pakistan initially for the local market and later on for export.
Major problem in Pakistan we (1) neither have Pangas seed nor (2) factory made high protein floating feed ???.
We can resolve the above by initially importing good quality fast growing Pangas fry form either Vietnam or Bangladesh ? And secondly try to prepare high protein 25-35% feed at our farm or at one of the feed mills (catering for our large poultry industry) as most of the other ingredients are available – making of floating pellets could be dealt with later?
Our questions are as follows: -
1. Which type of Pangas has the fastest growth rate and proved to be most successful amongst farmers?
2. Like to import 1-2,00,000 1.5” – 3” fry – Give me some reliable addresses of Pangas seed-fry suppliers in Vietnam and Bangladesh so that we could get price idea of – farm gate, fob and cnf Karachi airport – qty, packing, size of fry per bag, how many bags in a carton etc. duration of oxygen? mortality etc.
3. What is the growth rate if say 15,000 – 20,000 fingerlings are stocked per acre or per Ha (please clarify) can it attain a size of 1-1.5kg in a culture cycle of say 8 months – 10 months? Is there a standard feasibility available?
4. Pangas being air breathers – what is the requirement of water exchange in % or top ups every 3rd day, weekly etc.
5. Floating feed is recommended meaning the fish will only consume floating feed-pallets? Does it consume feed which is sinking or feed at the bottom of the pond?
6. Can we after 2-3 years prepare our own brood and breed them locally by stripping / artificial reproduction for seed – it must be similar to common carp – Rahu or grass carp etc.-what is the qty of eggs per kg of female?
Would appreciate if you could incorporate it in your next publication and / or post this letter in one of your forums (with intimation to us) enabling Pangas farmers – experts and seed suppliers to initially guide me properly for a successful initial start, thanking you in advance.
Kind regards,
Nadeem Alam
Dilshad Fish & Shrimp Farms
Karachi – Sindh
91/1, 12 street
Off Kh e Sehar
DHA phase-6
Karachi
Tel 92-21-584-3735
Cell 92-321- 8 28 29 30
Hi Len,
I am interested in pangasius growing and contract broiler business.
Appreciat if you can assist me please.
Thaks and Regards,
James
C.P. No. 0917-9021313
I am interested of farming the fish but have my apprehensions that if this species is introduced into our local fresh waterways it might affect the other marine population in our area. Has this been properly studied, like what happened with the Big Head Carp introduced in Laguna Bay in the early 80’s and the janitor fish?
Please comment!
Regards
Francis
Dear Francis,
You hit it right on the spot. Has this Pangasius been properly studied if they would not become invasive species in our bodies of water?
On the other hand, the impact would not be like of that Janitor fish becuase people will be catching and eating this fish unlike janitor fish.
Regards,
Jun D.
where we can buy live pangasius here in the philippines?
@joel, inquire directly from vitarich, read also “Related Posts” on pangasius for other breeders.
@sonia, please inquire directly from Vitarich so they can immediately answer all your queries about contract growing.
My family has a 6000 sq. meter farm in Canal,Pasacao Camarines Sur beside a river and along the highway that is unproductive right now. We are very much interested. Can we qualify for Vitarich contract growing for Pangasius in Bicol. May we request for a copy of your profitability study and all necessary information for pangasius farming please.
Thank you.
Sincerely,
Sonia
Is a 200sqm vacant lot enough for a pangasius culture? Can I be qualified to be a contract-grower of vitarich with this asset alone?
Hi Mr. Ed Cuartero,
Yes, I believe the hammerhead shark is the same as the Pangasius. It was Bioresearch that popularized the fish for the aquarium and was the one responsible for calling it the Siamese Hammerhead shark. Most likely for its ability to bump aquarium glass head-on when frightened.
Most large freshwater fishes are actually food of the natives where it came from.
@edgardo, please inquire directly from vitarich for all your concerns and inquiries.
We supply and export Pangasius sutchi fingerlings.
The seed are mass breeding for aquculture industry and all year round.
We export hi-volume for wholesalers.
Asia Tropic Zone Co.,Ltd.
15/160 Moo 9, Chokchai 4 Rd, Ladpraw, Bangkok 10230, THAILAND
+66 29332568
+66 29332863 Fax
+66 81 8692411 Mobile / SMS
+66 86 6330861 Mobile / SMS
e-mail: info@AsiaTropic.com
http://www.AsiaTropic.com
please let me know if vitarich can give me all necessary information from site preparation and how critical the water quality for growing.
thanks
@eduardo, please contact Vitarich directly on the listed number.
i am a tropical fish hobbyist/breeder. is the hammerhead shark we keep in our aquarium, the same kind of fish you call the pangasius? it looks exactly the same to me. i am from bataan and also interested in your contract farming. could you send me more information.
Yes, they are one and the same