A cost-effectiveness analysis of live feeds in juvenile turbot Scophthalmus maximus (Linnaeus, 1758) farming: copepods versus Artemia

The biological benefits of copepods as live feed for marine finfish larvae have already been well established in the literature. Copepods have better biochemical compositions that improve growth, reduce malpigmentations and allow successful farming of 'new' marine finfish species. However, their current usage is quite limited. One of the reasons has been lack of economic knowledge concerning the cost-effectiveness of copepod application compared to other commonly used feed items such as the brine shrimp Artemia. In this study, a cost-effectiveness analysis is made on two alternative live feed items (copepods and Artemia) in juvenile turbot farming. Unit cost of production and profit are compared between the two feeding regimes using a unique data set from an existing turbot fry production facility in Denmark. The result reveals that copepods are not only biochemically superior but they are also economically a cost-effective alternative. Thus, a commercial use of copepods will significantly reduce the production costs for turbot. Furthermore, the unexploited economic potential can be utilized for the successful farming of other high-valued marine finfish species such as tuna, flounders, cod, sole and halibut. Generally, the biochemical superiority coupled with economic benefits can lead to the commercial utilization of copepods as complementary live feed in the short run and in some situations as a substitute in the long run.