Improving feed conversion ratios and reducing feed waste with Connected Seafarm
Aquaculture is a rapidly evolving industry and a pioneer in sustainable sources of protein to feed an ever growing population. Like many industries, they face their challenges and one of the most prevalent is the ever increasing cost of production. In fact, feed costs can account for upward of 50% of total production costs for producers. In an industry where margins are tight, even small improvements in feed efficiency can lead to significant financial savings.
With feed prices fluctuating and the demand for high-quality sustainable fish products increasing, farm managers are under constant pressure to manage their feed costs effectively.
One of the key metrics to measuring feed efficiency is the Feed Conversion Ratio (FCR), which represents the amount of feed required to achieve a certain amount of fish biomass. A lower FCR indicates that less feed is needed to produce the same amount of tonnage, thereby reducing costs and increasing profitability. However, achieving a low FCR is no easy task, as it requires careful management of feeding practices and a deep understanding of the environmental factors that influence fish growth.
Connected Seafarm’s impact on FCR and feed waste reduction
Connected Seafarm’s drop-in environmental monitoring and remote feeding solutions are designed to help farmers optimize their operations through continuous advanced monitoring of in-situ parameters via sensing devices and an intuitive data analytics platform. These solutions provide continuous near real-time insights of critical parameters such as water temperature, dissolved oxygen and chlorophyll (which can indicate the presence of algae). These factors are crucial in determining the optimal feed times and quantities for fish, helping farmers avoid overfeeding and underfeeding.
Here's how Connected Seafarm can specifically enhance FCR and reduce feed waste:
Quantifying the financial benefits of improved FCR
To understand the financial impact of improving FCR, consider a typical site with a biomass consent of 1,100 tonnes and a crop cycle capacity of 1,650 tonnes. If Connected Seafarm’s solutions can allow farmers to improve the FCR by just 1%, this would equate to saving 18.1 tonnes of feed per crop cycle. Given that feed costs can be substantial, this improvement can lead to significant cost savings.
Let’s break down the numbers:
This example illustrates how even a modest improvement in FCR can translate into substantial financial savings. For larger operations or those with multiple crop cycles per year, the cumulative savings can be even more impressive, significantly boosting the overall ROI.
A smart investment
In today’s competitive aquaculture industry, maximizing ROI is essential for long-term success. Connected Seafarm offers a powerful tool to optimize feeding practices, improve FCR, and reduce feed costs, all of which contribute to a stronger bottom line. With the potential to save over £30,000 per crop cycle through even a 1% improvement in FCR, the investment in Connected Seafarm’s solutions is not just a smart choice—it’s a necessary step towards achieving sustainable, profitable fish farming.
For fish farmers looking to stay ahead of the curve, embracing technology like Connected Seafarm is the key to unlocking new levels of efficiency and profitability in their operations.
If you want to get more information on Connected Seafarm please reach out to us at contact@krucial.com.