Saturday, March 31, 2012

Best business to get into?

--------- #1446 What is the best ,most dangerous, business to get into now?
-
- The best business to get into right now is farming.
-
- The most dangerous business is fishing.
-
- 2012 is a new era for both of these careers, Here’s why: Fishing is the last wild prey on the planet. It is the last wild food. Today 32% of the global fish stocks are depleted. 90% of the large tuna and marlin are gone. Atlantic cod are nearly gone. Blue fin tuna are close to extinction.
-
- At the same time demand for fish food is rising. Daily consumption per person in the US is 38 pounds of fish per year. The fishing industry collects 90,000,000 tons of fish per year. With a large and still growing population there is not enough fish to go around. That is 18 billion pounds of fish for 6 billion people or 3 pounds of fish per person per year.
-
- Wild fish have not survived this level of demand and consumption. Aquaculture must come to the rescue of the wild species in the oceans. In 2008 aquaculture produced 52,500,000 tons of fish . That is 58%. Today over half of the world’s fish supply comes from fish farms.
-
- Aquaculture is not without its problems. Dense salmon farms have spread diseases to the wild fish. Mangrove forests have been cut away to be replaced by Thailand’s shrimp farms. The biggest issue is how to feed the farm fish? They are carnivorous. Today wild fish are being ground up for fish food. It takes 2 pounds of fish meal to produce 1 pound of farmed fish.
-
- A fish species called “ barramundi” yields more protein than it consumes. Hope is this species can replace cod on the table. Genetic engineering may be needed to grow farm fish faster and bigger for the economies needed in business.
-
- In 2009 0.2 % of the fisherman died hauling in wild fish. Compare this to 0.1% of miners who died on the job.
-
- We need to domesticate fish and save the wild species in the oceans as well as some of the fisherman. Save the wild fish for sport fishing. Yes!
-
- It is not just fish farms it is all farms that will be the next boom business. Forget becoming a banker to become rich, become a farmer. There are 7 billion people who will have a serious food problem. The growing business is the growth business for the future.
-
- Our economy is growing at 1.9%
-
- 2011 farm income is growing at 20%, 27% in 2010. The real estate value of the average farm has increased 100% in the past 6 years. Your house has probably decreased in value by 40% in that same period.
-
- Nebraska’s farm country unemployment is 4.1%.
-
- California’s welfare state has unemployment at 11%.
-
- The farming business is not just produce. It is tractors, fertilizer, seeds, banking, and car dealerships.
-
- However, we will never break even by buying oil and selling corn.
-
- Farming is not just for food. It can produce ethanol fuel, and other biofuels. It can produce biodegradable plastics. Of course half of the US corn production goes to feeding cattle, pigs, and poultry.
-
- Corn production and soy bean production are up in 2011. Farms are getting more efficient, more profitable, using smaller amounts of pesticides and less water. GPS guided planting is putting crop rows closer together. In 1980 an acre produced 91 bushels of corn. Today’s farms produce 152 bushels of corn and at higher prices. Farming is a start up business to consider . It is an investment to consider. Farms are back tell your kids.
-------------------------- ------------------------------------------------------------------
RSVP, please reply with a number to rate this review: #1- learned something new. #2 - Didn’t read it. #3- very interesting. #4- Send another review #___ from the index. #5- Keep em coming. #6- I forwarded copies to some friends. #7- Don‘t send me these anymore! #8- I am forwarding you some questions? Index is available with email and with requested reviews at http://jdetrick.blogspot.com/ Please send feedback, corrections, or recommended improvements to: jamesdetrick@comcast.net.
or, use: “Jim Detrick” www.facebook.com, or , www.twitter.com.
707-536-3272, Saturday, March 31, 2012

No comments:

Post a Comment