An Analysis of Pond Raised Catfish Production in Texas

Abstract

Many farm operators strive to increase and stabilize the net returns of their farming operation. The opportunity to affect annual net returns may lie in the reorganization of products and inputs, firm growth and introduction of non-traditional enterprises. There has been considerable research on reorganization and firm growth. However, since new enterprises adaptable to a farm firm organization are often based on technological innovations, economic research usually lags behind for these new enterprises. This implies some farm operators may become involved in a non-traditional farm enterprise before the economic status of the enterprise is established.