Enterprise Budgets for Trout Production in Idaho
Files
TR Number
Date
2021-02-05
Journal Title
Journal ISSN
Volume Title
Publisher
Virginia Cooperative Extension
Abstract
Idaho is the leading trout-producing state in the U.S. In 2018, Idaho produced 56% of the national production of foodsized trout (27.6 million pounds) (USDA-NASS 2019). This fact sheet focuses on costs of producing trout for foodfish. An enterprise budget can be useful to provide a general estimate of average costs, returns, profitability, and breakeven prices (costs per lb of production) of a farm. It should be viewed as a guide in terms of what types of expenses are likely to occur and, for an average year, whether the trout business would be expected to be profitable or not.