This tool is being developed for stakeholders interested in started an off-bottom oyster commercial farm and is web or phone based since not everyone has access to or knows how to use excel spreadsheets.
The oyster farm enterprise budget is updated regularly by Extension personnel to reflect the cost of starting an operation and annual cost of production. Projected costs can be changed to estimate the associated cost for your level of production as well as the projected profit or loss. Growers should model these budgets and use the values that best reflect their operation.
This calculator will provide an estimate based on an oyster farm using six-bag floating cages with a stocking density of 1,000 oysters per cage. Note that it based on the oysters reaching market size in one year which is not the case in all areas. The gross profit estimate is earnings before interest, taxes, depreciation, and amortization. These estimates should be used as guide for planning purposes only and not for business forecasts.