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The increasing global population calls for the increased demand to meet protein needs. Protein is an important nutrient which supports child growth, speeds up the healing process, and many more functions.

Shrimp is one of the important and easily available protein sources. The demand for shrimp consumption increases annually. To meet this need, consumers need to be smart in choosing high quality shrimp which does not just help to meet protein requirements, but also obtain products with well-maintained nutritional value.

### Identifying high quality shrimp 
Both household and restaurant business consumers need to be aware of the signs of high quality shrimp, which are:
1. No foul or rotten smell which originates from rotting process due to improper storage
2. The shrimp shell or carapace is transparent and adheres strongly to the shrimp body or head. If required, consumers can directly examine the attachment of the shell
3. A firm texture, which indicates that the shrimp is still fresh and has not undergone rotting process
4. Healthy shrimp can also be identified through an intact and filled gut to avoid purchasing products that have been contaminated with diseases or harmful pathogens.

### The long and crucial process of maintaining shrimp quality from farm to fork
Shrimp is a perishable commodity, making the maintenance process from farm to fork highly crucial. This begins with shrimp cultivation to transport.

**1. During harvest**
To produce high quality shrimp, harvest should be done when the temperature is not too high and as quickly as possible. Ensure that the net is not too packed to prevent shrimp from getting pressed and injured. Immediately clean off the mud and other dirt that may remain on the shrimp from the farm.

**2. Post-harvest**
After cleaning, sortation, and weighing, the shrimp should be immediately kept at low temperature to slow down the spoilage process. Low temperatures inhibit the activity of decomposing bacteria. The recommended temperature is -4℃.

**3. Transportation from the farm to processing company**
The harvested shrimp is then transported from the farm to an aquaculture processing company or unit. Sometimes, they are directly transported to the market. When being transported, the shrimp should be stored in an ice-filled container at a ratio of 1:1 and stacked in layers.

**4. Processing**
The processing stage is commonly conducted in fish processing plants and involves several processes. It begins with the reception of raw materials, followed by inspection, weighing, and packing. During the raw material reception and inspection stage, various tests are usually conducted, such as antibiotic testing, microbiological testing, and testing for the presence of certain chemical substances.
Once the shrimp has passed the tests, it is then stored. The storage of shrimp is typically done in conditions with a temperature of ≤3℃. To maintain the quality of the shrimp, it is often packed in waterproof containers. Packing and storage should be done carefully to avoid any physical damage to the shrimp. The process, from inspection to packaging, should also be carried out as quickly as possible to prevent physical damage.

**5. Transport to consumers**
At the final stage, shrimp is transported to consumers by certain conditioning to maintain its quality. The distribution chain may be long enough, so proper storage handling must be prioritized, which involves storing in an ice box with a cooler or mixed with ice to preserve its freshness.

## Choosing high quality shrimp with guaranteed freshness 
One of JALA’s signature products is fresh shrimp in frozen condition. JALA has a network of shrimp farms and collaborates with processing companies to produce frozen shrimp through a short processing chain. Harvest-process-deliver.

![JALA Market 1 - en.png](https://strapi.jala.tech/uploads/JALA_Market_1_en_d9760d8c98.png)
Harvested shrimp is then processed in a HACCP grade A standardized and halal-certified company. During the distribution process, the shrimp is maintained in frozen condition, thereby maintaining its quality and freshness until it reaches the hands of consumers. Shrimp products are suitable for fulfilling the needs of hotels, restaurants, catering services, as well as households. The product variations include HOSO, PUD, dan PDTO.

![JALA Market 2 - en.png](https://strapi.jala.tech/uploads/JALA_Market_2_en_e4188a2574.png)
The demand for safe and traceable shrimp products 
In addition to the increasing demand, there is also a growing concern for food product safety. Consumers today not only choose based on the quality and cleanliness of the product but also seek environmentally-friendly options. Consumers are willing to pay more for products that are of high quality and guaranteed safety, especially in developed countries. Food authorities or importers in the destination countries for export consider products that have traceability value.

More than half of the shrimp products are currently sourced from aquaculture. Considering the excessive exploitation of natural habitats, shrimp aquaculture has become an important source for meeting global shrimp demand. Aquaculture is also one of the most efficient cultivation methods compared to other forms of farming. The aspects of product safety and traceability are important added values in shrimp aquaculture products.

As a result, the definition of quality products has expanded to include not only the physical aspects of the product but also the consideration of sustainability in its production. Producing high-quality and safe products is the responsibility of shrimp farmers, which can be achieved by implementing environmentally-friendly aquaculture management and ensuring traceability through proper recording of the cultivation process.

![JALA Market 3 - en.png](https://strapi.jala.tech/uploads/JALA_Market_3_en_96200678f0.png)
The network of shrimp farms which supply their shrimp to JALA Market have traceability as an added value for their shrimp. Fulfilling the need for high quality shrimp is our commitment, because we #DaretoGuaranteeFreshness. Learn more about [JALA Market](https://jala.tech/market)’s frozen shrimp products! For further inquiries and orders, please contact [0813-2551-4194](https://wa.me/+6281325514194).

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Maintaining Shrimp Quality From Farm to Fork

Every business longs to earn profit. The [shrimp cultivation business](https://jala.tech/blog/shrimp-industry/why-is-shrimp-farming-considered-promising) offers significant profit, but at the same time, the operational costs and risks are also high.

Previously, you may have set expenses for primary, secondary, tertiary, and other cultivation needs. The budget should serve as your guide for the minimum amount of money you need to have in hand. Emergency funds and insurance should also be taken into consideration.

Aside from mastering [cultivation techniques](https://jala.tech/blog/shrimp-industry/different-trends-in-shrimp-cultivation-methods) and having a supporting network with similar understanding, financial management is also an important aspect when operating a shrimp cultivation business. One of the ways to achieve this is through proper financial records.

Keeping financial records is an important routine for shrimp cultivation. Having clear records helps you in accounting, monitoring cash flow, evaluating cultivation cycles, and planning for the next ones.

## Reminder: Record any kind of transaction!
Every transaction, regardless of its type and amount, is important. Income and expenses in shrimp farms should be recorded as a part of business operations. No expense is too small.

## Your records are your control
Use your budget plan as an initial guide and control your expenses along the way to identify which ones are needs versus incidentals. Controls are also implemented by referring to the biggest expense and income, profit/loss conditions, and product categories with the highest cost. Compare it by monitoring recent balance, debts, and receivables to keep your farm finances healthy.

# Farm Financial Management in JALA App
Recording and monitoring [shrimp farm finances](https://jala.tech/blog/product-updates/download-your-farm-financial-report-and-more-explore-jala-app-s-finance-feature) has just got more convenient with JALA App’s Finance feature. Here are some reasons you should use this feature:
1. Financial accounts especially designed for the shrimp farm business
2. Record any type of transaction (income and expense) based on category
3. Classify expenses into 3 categories: operational (anything related to cultivation operation expenses), inventory (anything related to cultivation supplies such as feed stock, chemicals, probiotics, and many more), and fries (anything related to stock purchase)
4. Classify income into 3 categories: harvest, capital, and inventory sales
5. Control debts and receivables to ensure settlements are made on time
6. Make the wisest decision based on the budget plan

Records of financial transactions for farm needs are made with accounting standards.
![Records of financial transactions for farm needs are made with accounting standards](https://strapi.jala.tech/uploads/Info_1_eng_80d377616c.png)

**Record any transaction, even for products not on the list!**
![Record any transaction](https://strapi.jala.tech/uploads/Catat_apapun_eng_2848874291.png)
With JALA App, you can record expenses of any kind (operational, inventory, or stock). Don’t worry if the brand or product name is not listed on JALA, as you can still manually input it to keep your records as thorough as possible!

## Monitor through the summary and financial report menus
Monitor the latest conditions through your farm finances summary, including today’s balance, profit/loss condition, debt/receivable settlement date, and income/expense ratio.

![Monitor through the summary and financial report menus](https://strapi.jala.tech/uploads/Pantau_ringkasan_keuangan_eng_451337748e.png)
You can also find more detail in the expense and income menu. When monitoring transactions, use the transaction filter, which is particularly useful if you have multiple ponds with different expenses. The filter can also be used to distinguish between the source of fund, be it cash, bank account, or giro.

![Laporan keuangan tambak udang](https://strapi.jala.tech/uploads/Laporan_keuangan_511fd8df97.png)
Monitor and evaluate your cultivation finances regularly from financial reports that you can see during and after your cultivation cycle through the web or download it conveniently. Financial reports include balance, cash flow, and profit/loss reports. Select the month and year to filter finances based on specific time periods.

## JALA App Finance Feature: Your Shrimp Farm Business Assistant
As the main tool in recording your farm’s finances, all the data you record on JALA App is downloadable. You can download the transactions in excel format in case you need it for specific purposes.

If you ever lose your receipt or invoice photo or document, you can redownload the photo from JALA App.

**The importance of transparent financial management**
![The importance of transparent financial management](https://strapi.jala.tech/uploads/Historypng_5e399d4019.png)
Every record in JALA App is transparent, allowing you, as a farm owner, to see any changes in financial data. Through the history feature, you can see who creates and changes each financial input and identify any discrepancies.

**Integrated data**
![Data integration.png](https://strapi.jala.tech/uploads/Data_integration_bc66b0822d.png)
JALA App’s Finance Feature is integrated with the stock and cultivation records feature. When there is any new purchase record for cultivation needs, the stock will be updated. Similarly, whenever you record the use of cultivation needs such as feed, chemicals, or probiotics, its financial value will be calculated as well.

**Standardized for accounting**
To remind you, every record and report from JALA App is standardized for accounting purposes! Be sure to upgrade now to Pro Cycle to enjoy this feature! [Upgrade to Pro!](https://app.jala.tech/subscriptions?from=upgrade_side_bar)!


Avoid Financial Losses by Monitoring Your Farm Finances

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Avoid Financial Losses by Monitoring Your Farm Finances!

Managing cultivation finance is an important aspect that shrimp farmers must consider. Farmers must be able to manage not only during the cultivation process, but also the preparation stage and the transition between cultivation cycles.

Shrimp is still a [popular commodity](https://jala.tech/blog/shrimp-industry/why-is-shrimp-farming-considered-promising) in the fishery sector. The global market for shrimp demands is expected to grow further. As a result, this fisheries-related business seems promising.

Although the benefits of shrimp farming appear to be promising, there are certain risks related to this industry. Those risks are disease, weather, and fluctuating [shrimp prices](https://jala.tech/en/blog/shrimp-industry/check-out-2022-shrimp-prices-and-off-takers-at-jala). These three factors contribute to the uncertainty of shrimp production and profits.

Farmers can be affected by this uncertainty. Their income is uncertain because it is dependent on the aforementioned factors. They must deal with this by carefully managing cultivating finances.

Managing cultivation finance is often underestimated and is not a priority for farmers. This practice appears to be simple as well. However, not all farmers are good at it. As a result, many farmers do not perceive a significant advantage once the cycle ends.

Farmers who do not properly manage cultivation finance are at risk of becoming trapped in the “dig a hole to fill in another hole” habit. That is, the profits are only utilized to pay off debts or loans used to manage the farm. Farmers will always feel lacking in finance.

If this is the case, how can farmers properly manage their cultivation finances? Here are some tips you can do during the preparation, cultivation, and cycle transition periods.

## Managing cultivation finance during the preparation stage

Before you begin cultivating, be sure that financial management is also a priority. A budget plan is one method for effectively managing agricultural finance at this point.

A budget plan will serve as a guide in cultivation because it contains cultivation targets and estimated expenses. You can use your prior cultivation experience or consult with professionals when creating the budget plan. Therefore, always record and evaluate all past cycle expenses. You can improve your budget plan based on the results of these evaluations.

A budget plan is a crucial component of cultivation financial management. It will provide you with:
- Specific cultivation target
- Estimation of cultivation costs in detail
- Cost guidance during cultivation process

Without a budget plan, cultivation expenses may skyrocket due to the lack of proper control.

## Managing cultivation finance while cultivation is running

Financial planning has been done and is now ready to be used as a guide. Farmers must remain careful, though, because unexpected expenses might occur at any time. Therefore, proper financial management must also be done when cultivating. The goal of this measure is to keep cultivation expenses under control.

One of many ways to do so is to check the RAB’s compliance with its realization on a regular basis. This does not have to be used on a daily basis. You can do this once or twice a week instead.

Controlling stock supply is another option. It is ideal to meet the cultivation needs within a specific time frame, such as every month. Start placing orders again a week or two before stock runs out. That way, the cashflow can be managed in stages, and there is no stock piling up in the warehouse.

Furthermore, avoid these acts:
- Using cultivation capital for personal purposes
- Not separating personal and cultivation accounts
- Not keeping financial records properly (recording expenses, debts, etc.)
- Saving too much and sacrifices the quality of goods

## Managing cultivation finance during cycle transitions

Following the completion of the cultivation cycle, some farmers choose to directly use the income from [harvest](https://www.jala.tech/blog/cultivation-tips/when-is-the-best-time-for-harvest). The income is commonly utilized to cover personal needs as well as the needs of the next cycle.

There are various aspects to consider before using the income from total harvest, including:
- Fund for the next cycle
- Further investment or pond maintenance
- Debts or loans owed during the cultivation cycle

Based on these considerations, self-awareness is required to control expenses before starting the next cycle. When you receive net harvest income, set aside part for an emergency fund in case of cultivation failure. You can save it in an account allocated particularly for cultivation needs. Then, prepare the budget plan for the next cultivation cycle.

If you wish to develop your pond, you should be aware that development funds are not cheap. Therefore, collect funds gradually. Do this once you’ve saved a portion of your income for an emergency fund.

Farmers who want to succeed must be able to manage cultivation finance well. The reason for this is that proper financial management will keep you from failing or losing.

You should also protect your cultivation process with insurance in addition to careful planning and effective financial management. Insurance will reduce the risk of crop failure or loss. An operational joint-program for shrimp farming that also provides insurance is now available, namely the JALA SmartFarm.

With JALA SmartFarm, you will receive comprehensive cultivation assistance. Planning, promising capital, insurance, professional pond management, and harvest assurances are all part of the assistance. Interested? For registration and additional information, kindly contact us at +62 813-2551-4194.