Economic Evaluation of Different Stocking Densities for Various Sized in Texas

There has been a trend toward intensification of shrimp farming in the U.S. FiCteen simulated farms were used to evaluate economies of scale and to compare three Penaeus vannclmei commercial production strategies: semi-intensive, intensive, and very-intensive. Large economies of scale were associated with each production strategy. Over the range of farm sizes considered, investment cost per hectare decreased approximately 50% and production cost decreased approximately 25%. Farms' returns were measured with Internal Rate of Return (IRR). When investment was greater than $0.75 million, the intensive strategy provided slightly better returns to the investor than semi-intensive or very-intensive strategies. At investment levels less than $0.75 million, the semi-intensive strategy provided the highest IRR.