Lobster
30 Sep 2024

Lobster Farming with Mutual Funds, Profit Potential!

What’s the Difference Between Freshwater and Saltwater Lobsters? 

How to Grow a Freshwater Lobster Farming Business

How to Grow a Saltwater Lobster Farming Business   

 

The returns from Fixed Income Mutual Funds can be utilized for business needs. One business that is consistently in demand is freshwater or saltwater lobster farming. The high demand for lobsters in culinary industry presents an attractive business opportunity. 

For those interested in starting a business, lobster farming can be a good option. Check out the tips below to learn how to farm freshwater and saltwater lobsters. It may inspire you if you’re considering starting a lobster farming business.

 

What’s the Difference Between Freshwater and Saltwater Lobsters?

Before starting your lobster farming business, you should first decide whether you want to farm freshwater or saltwater lobsters. The two types of farming are different in many aspects. 

First, freshwater lobsters are smaller in size compared to saltwater lobsters. Freshwater lobsters range between 5-15 cm, while saltwater lobsters can grow up to 20-50 cm. Second, their habitats are different. Freshwater lobsters can live in ponds, rivers, or lakes, while saltwater lobsters require saltwater environments. 

In terms of diet, freshwater lobsters consume plants, worms, and insects, whereas saltwater lobsters feed on small fish, clams, snails, and certain types of seaweed. 

With these differences in mind, let’s explore the distinct challenges and methods for farming both types of lobsters.

 

How to Grow a Freshwater Lobster Farming Business

Lobster farming can yield substantial profits, sometimes reaching tens or even hundreds of millions rupiah per harvest. This prospect draws many people to the business, but there are key factors to consider for successful growth. Here are some tips for developing freshwater lobster farming business:

  • Prepare the Pond

One of the key aspects of freshwater lobster farming is the pond setup. You can use aquariums or tarpaulin ponds for farming. The most important aspect is to ensure the water quality is free from contamination. 

If you’re using a tarpaulin pond, it’s recommended to have a size of 200 x 200 x 50 cm. Don't forget to add facilities like an aerator and windmill to optimize lobster growth.

  • Select Quality Lobster Seeds

Choosing high-quality lobster seeds is the foundation of successful lobster farming. Some tips include avoiding inbreeding broodstock, ensuring broodstock is over six months old, and selecting lobsters that are 20-25 cm in size and active. 

Typically, the price for freshwater lobster broodstock is around IDR 900,000 for six lobsters. Ensure you have sufficient initial investment, which can be supported by the returns from Fixed Income Mutual Funds!

  • Care for Lobster Seeds

Taking care of lobster seeds until they mature and are ready for harvest is crucial to avoid diseases and ensure the business’ success. Freshwater lobsters should be fed natural foods such as silk worms, which are high in protein. 

If you opt for artificial feed, ensure the protein content is at least 30% to promote optimal lobster growth. To maintain water quality, use natural disinfectants available in stores.

  • Grow the Lobsters

Lobster breeding, including broodstock spawning, can begin when the lobsters are 10-12 months old or 15-17 cm in size. Male and female lobsters are placed together in an aquarium until the eggs hatch. 

Lobster seeds should be 70-day old or around 5 cm in length when they hatch. At this point, it’s time to harvest and sell your farmed freshwater lobsters.

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How to Grow a Saltwater Lobster Farming Business

Farming saltwater lobsters differs significantly from freshwater lobster farming. If you’re considering saltwater lobster farming, there are several key factors to keep in mind. Here are some tips for growing your saltwater lobster farming business:

  • Prepare the Investment Capital

Saltwater lobster farming has the potential for higher profits than freshwater farming, due to the higher price of saltwater lobsters. However, those who are looking to farm saltwater lobsters will need to prepare a significant amount of capital. 

Business capital can come from various sources, including returns from Fixed Income Mutual Funds. Saltwater lobster farming offers higher profit opportunities as demand for large lobsters continues to grow in the market.

  • Choose the Right Water Location for the Fish Cage

Once you’ve secured sufficient capital, the next step is selecting the location for your saltwater lobster fish cage. Choose clean, uncontaminated saltwater, such as areas around Lombok, Bali, Banyuwangi, or the seas of Sulawesi Island. 

Selecting clean and clear waters ensures your lobsters are protected from pollution and diseases that could harm their quality.

  • Build a Floating Cage

For lobster farming enclosures, you can use floating cages or nets. Floating cages are recommended because they are proven to be more efficient. 

You can set up the floating cages in your chosen seawater location and carefully select the best lobster seeds to place in the cages for optimal harvest results.

  • Always Anticipate Weather Conditions

When farming saltwater lobsters, one of the biggest challenges is dealing with weather conditions. Since farming takes place in open water, weather patterns must be carefully monitored. 

To manage this, study the typical weather conditions in your chosen farming location. For instance, the seas around Nusa Tenggara Timur (NTT) are relatively calm throughout the year, with no storms or significant drops in sea levels.

From the explanations above, it’s clear that you can grow a business with high profit potential, such as lobster farming. To get started, you can use the returns from Mutual Funds as your business capital. 

Fixed Income Mutual Funds are investment instruments you can consider for your business funding. Just make sure to choose the right Mutual Fund products with a trusted partner, such as DBS Treasures priority banking. 

The advantages of investing with DBS Treasures include risk minimization through diversification by professional Investment Managers. Additionally, you can gain valuable insights into investment strategies. The digibank by DBS Application simplifies the investment process, allowing you to buy and sell Mutual Funds, switch between products, and easily register for an SID (Single Investor Identification). 

You will be supported by  curated market analysis from a team of financial experts who will communicate it. Seize the latest opportunities that have been tailored to your risk profile and portfolio needs, driven by Artificial Intelligence/Machine Learning (AI-ML). This insight is equipped with curated solutions related to investment (Grow) and insurance (Protect), so you can quickly and confidently invest through your preferred media.

Don’t hesitate! Choose your Fixed Income Mutual Fund investment with DBS Treasures and enjoy the potential for profitable returns. For comprehensive product information and how to invest, click here!