aquaponics - tangy produce

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Page 1: Aquaponics - Tangy Produce
Page 2: Aquaponics - Tangy Produce

What is Tangy Produce? Grows and markets fresh, locally grown, high

quality living produce using Aquaponics This living produce is 'beyond organic' and

includes vegetables, herbs, fruit and fish

Page 3: Aquaponics - Tangy Produce

Living Produce

Page 4: Aquaponics - Tangy Produce

What is Aquaponics? Combination of Aquaculture and Hydroponics:

− Aquaculture = fish farming, typically large commercial fish hatcheries;

− Hydroponics = soilless growing, typically involves chemical nutrient fertilization in a water medium.

Aquaponics is a symbiotic relationship between fish, plants and nitrifying bacterias & microbes (and sometimes worms, FW prawns, etc.)

Page 5: Aquaponics - Tangy Produce

What is Aquaponics?

Page 6: Aquaponics - Tangy Produce

Why Aquaponics? Uses less than 10% of the land, water,

energy and labor of traditional farming

No tilling, cultivating, fertilizing, irrigating, cover crops, composting, etc....

Which means no tractors or implements!

~ 4 – 6 x more productive than soil farming

− Much higher planting densities− Faster growth means more 'turns'

Page 7: Aquaponics - Tangy Produce

Why Aquaponics? No harmful pesticides or herbicides;

No soil born diseases, pests or weeds;

Fish and plants grown together = polyculture farming, as opposed to monoculture crops;

Aquaponics works in drought conditions, and in places with poor or no soil;

Aquaponics is easily scalable to support any size operation

Page 8: Aquaponics - Tangy Produce

Many Ways to Skin this Cat Pass through / drain to waste vs. Recirculating

Aquaculture System (RAS)

Common Hydroponics methods include:

− Floating raft / Deep Water Culture (DWC)

− Nutrient Film Technique (NFT)

− Flood and drain / Ebb and flow media beds

− Vertical towers

Indoors/outdoors, seasonal/year-round, fish, etc.

Only limited by your imagination & creativity

Page 9: Aquaponics - Tangy Produce

How Does Tangy Produce do AP? We use a closed loop, recirculating system; Fish are raised / fed in multiple fish tanks; Nutrient-rich 'system water' flows by gravity

into multiple grow troughs (DWC); Year round in heated greenhouse (wood); White Nile, Red Nile and Blue Tilapia; May be adding media beds / worms soon

Page 10: Aquaponics - Tangy Produce

Living Produce

Page 11: Aquaponics - Tangy Produce

Year Round Greenhouse

Video(if time)

Page 12: Aquaponics - Tangy Produce

The Target Market

Consumers increasingly demanding locally grown, healthier, superior quality food

Consumers increasingly concerned about the environment and sustainable processes

Renewed interest in “alternative” farming (rural innovation!)

Page 13: Aquaponics - Tangy Produce

The Target Market ~100 mile radius from grow site

Page 14: Aquaponics - Tangy Produce

Current Status Growing in first commercial greenhouse (60%):

− 720 ft2 grow space in 2,300 ft2 GH

− 3,500+ plant sites

Three different strains of Tilapia

Demo system at Black Dog Coffee Co.

Sold at two farmer's markets in 2014

Sold out Winter CSA (33 shares)

Begin selling next week to first restaurant

Page 15: Aquaponics - Tangy Produce

Next Steps

Develop relations with 2-3 local restaurants

Develop fish hatchery and nursery

Expand into different species of fish, 2nd GH

Continue developing “off grid” greenhouse

− Geothermal, solar, wood burning− Beyond organic produce grown utilizing

100% renewable energy sources

Page 16: Aquaponics - Tangy Produce

Retail Markets Include farmer's markets, direct farm sales

and a CSA (community supported agriculture)

Leafy greens and culinary herbs are typically sold for $3.00 - $4.00 per “cup”

Plate sized organically raised fish will be sold by the “each”; $10.00 for ~ 1.5+ lb fish

Page 17: Aquaponics - Tangy Produce

Wholesale Markets

Include restaurants, grocery/health food stores, food co-op, institutions, etc.

Leafy greens and culinary herbs are typically sold for $1.00 - $2.00 per “cup”

Sold by the pound for larger volumes:− Greens $2.00 - $5.00/lb*− Herbs $8.00 - $15.00/lb*

* BALTIMORE Terminal Prices as of 04-FEB-2014

Page 18: Aquaponics - Tangy Produce

Net cups

Grow cubes

Electricity

Fish food

Seeds

Other

Total

COGS on 'per cup' basisIndoorsGreenhouse

$0.08 $0.08

$0.08 $0.06

$0.10 $0.02

$0.04 $0.02

$0.02 $0.01

$0.05 $0.03

$0.37 $0.22

Page 19: Aquaponics - Tangy Produce

Financial Overview

Completed 24' x 96' greenhouse will have ~5,000 plant sites (lettuce example):

− Plan for 9 turns = ~45k plants annually− 45k x 0.9 x $1.50 avg = $60,750 sales− 45k x $0.22 = $9,900 COGS− $60,750 - $9,900 = $50,850 gross margin

Page 20: Aquaponics - Tangy Produce

Greenfield Capital Spending

Site work - $2,000 Greenhouse structure - $15,000 Wood fired waterstove - $8,000 Greenhouse infrastructure - $5,000 (est) Utilities, site prep - $3,000 (est) Well - $5,000 (est) Other/misc - $2,000

Page 21: Aquaponics - Tangy Produce

Additional Revenue Opportunities

Off the shelf home/hobby AP systems Custom designed AP systems Sale of Tilapia fingerlings Training/workshops Value Add (e.g. essential oils, dried spices) Agritourism – from farm to destination

Page 22: Aquaponics - Tangy Produce

Contact Info

Brian Tanguay

Tangy Produce

1352 Persimmon Lane

Shepherdstown, WV 25443

(336) 905-5904

http://www.tangyproduce.com/

[email protected]

Page 23: Aquaponics - Tangy Produce
Page 24: Aquaponics - Tangy Produce

Brian Tanguay B.S.M.E from UMASS

20+ year professional career in Operations

Began gardening in earnest in 2006

Backyard CSA in 2010; sold 8 shares @ $100/ea

Started researching Aquaponics (AP) in 2010

Attended CEA trainings in 2010 (SC) & 2014 (CT)

Attended AP trainings in 2011 (FL) & 2012 (HI)