Analysis of the Farming Cost and Profit of the Golden Coin Turtle
The golden coin turtle, also called the golden-headed turtle, is a precious turtle species. Its meat is delicious, and it is also a traditional Chinese medicinal material in our country. Because of its appearance, many people keep it as a pet, so it is an animal that combines food, ornamental and medicinal uses. It is often exported abroad and is extremely popular domestically and internationally, but wild golden coin turtles are very few, so artificial farming has emerged. Many people see this business opportunity and want to try it themselves, so is farming it profitable? Below, Qinnong Network brings you the farming cost and profit of the golden coin turtle.
Farming Golden Coin Turtles Is Profitable
The price of golden coin turtles on the market is currently high. The main factor causing this is that things are precious when they are rare. There are now very few large-scale golden coin turtle farms, and most are small-scale free-range farmers. Market supply falls short of demand, and combined with the media's vigorous promotion of golden coin turtles, the price of golden coin turtles remains high. So many small farmers are now expanding their farming scale, and some big bosses are also investing in large-scale farms, but because its farming cycle is relatively long, it will not conflict with the market in a short time. As for whether farming golden coin turtles is profitable, it depends on whether there is a good sales channel.
Farming Cost
Like other turtles, the golden coin turtle has extremely low farming costs, and everyone knows turtles do not eat much. They are also omnivorous animals with extremely wide food sources and low prices. The annual farming cost of one golden coin turtle breeder is about 30 yuan, but if selling adult turtles, it depends on your farming time and feeding situation. In summary, the farming cost of golden coin turtles is very low and is completely disproportionate to its selling price.
Farming Profit
The farming cycle of golden coin turtles is extremely long, so generally farmers choose to sell seedlings. One female golden coin turtle at egg-laying temperature can hatch 8-10 golden coin turtle seedlings a year, which means that after one year of farming, one golden coin turtle can yield a net profit of 7-9 times. This is a farming industry with extremely high profits. The price of adult turtles can be 6000-8000 yuan per jin, and the weight of a generally adult golden coin turtle is 2-3 jin, which means one can reach between 12000-24000 yuan. So whether selling seedlings or adult turtles, the profit from farming golden coin turtles is extremely high.
The above is the analysis of the farming cost and profit of the golden coin turtle brought to you by Qinnong Network, but all farming industries carry risks. First, the farming technology may not be adequate; second, the turtle quality may be poor; and market fluctuations will also affect the price of golden coin turtles.