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The hybrid striped bass (HSB) industry is the 4th largest aquaculture industry in the United States in terms of sales value, behind catfish, salmon, and trout. HSB is a cross between a female white bass (Morone chrysops) and a male striped bass (Morone saxatilis). HSB is also known as “”sunshine bass.”” The hybridization of the white bass and the striped bass makes HSB more tolerant to extreme temperatures and dissolved oxygen than either of its parents. Most southern states produce HSB in ponds, with most of the production occurring in North Carolina, Texas, and Florida. There is potential for growth in production in Indiana and the Midwest because of the abundance of farm ponds and private lakes.
This analysis uses an annual enterprise budget to evaluate the potential profitability of HSB cage operation. The enterprise budgeting process is essential for both planning and profitability analyses. It gives a snapshot view of the enterprise relating to all input requirements and costs, and expected revenue/returns.