MARINE
OST
SEA &
ADVISORY
GRANT'PROG RAM
CORVALLIS, OREGON 97331
OREGON STATE UNIVERSITY
MEDS 24
Rev June 1973
MARINE ECONOMICS DATA - 30-FOOT BRITISH COLUMBIA SALMON GILLNETTER1
Description
$5,560 market value, 30 feet by 10 feet, 3-ton capacity, 125 HP
gasoline engine, radio, fathometer, automatic pilot, wooden net
drum with automatic conversion drive.
Prjce/
Fishery
Net salmon
Effort-i
(days)
ProductionW
Per ton
Per lb.
($)
($)
(tons)
940
.47
7.22
30
(1) Gross returns
Low
$6,787
Medium
High
(tons)
(tons)
8.5
$7,990
9.78
$9,193
Variable costs'
Season total with:
Low
Medium
High
production
production
production
Vessel and equipment repairs
Gear repairs
Fuel
Galley
768
768
448
353
421
$2,553
$2,758
Miscellaneous...,,
(2) Total variable costs
768
563
448
353
421
$
$
$
768
883
448
353
421
$2,873
Fixed costs'1
Depreciation
Insurance
Moorage
(3) Total fixed costs
$
428
206
225
$
428
206
225
$
859
$
859
$
428
206
225
$
859
Opportunity costs-"
Low
production
Medium
production
High
production
$2,036
$2,397
$2,758
(5) Operator's management (10% of gross)
679
799
919
(6) Total investment ($5,560 @ 7%)
389
389
389
$3,375
$4,373
$5,461
2,986
3,984
5,072
660
1,177
1,784
(4) Operator's labor (30% of gross)
Return to labor, management, and
investment (1 less 2 and 3)
Return to labor and management
(1 less 2, 3, and 6)
Return to investment
(1 less 2, 3, 4, and 5)
Original data developed by British Columbia Department of Fisheries and Forestry,
1968. Vessel characteristics, costs, landings, and price have been adjusted to
reflect changes since the original data were developed.
Actual days at sea.
Prevailing prices during the 1972 season.
Low and high are 15% below and above medium.
Costs that vary with fishing effort. May include unpaid crew, operator, and
family labor. Some costs, such as gear repair and crewshare, also vary with
production.
Costs that do not vary with fishing effort.
Opportunity cost of labor is the estimated value of this operator's time, or what
could have been earned working for someone else. Opportunity cost of management
is the estimated value of this operator's management (decision-making and risk).
or what could have been earned managing another similar business. Opportunity
cost of investment Is the estimated fair return to total investment in the business, regardless of the actual amount of debt.