The Economics Associated with Crawfish Production from Louisiana's Atchafalaya Basin 1

Unpredictable water levels for the Atchafalaya River resulting from man's efforts to prevent flooding in South Louisiana lead to an unstable market for Louisiana's annual crawfish production. Empirical models presented show that yields from the basin can be estimated on a monthly basis using bimonthly changes in water level, unemployment rates, and crawfish harvests from ponds. The monthly demand model for basin crawfish yielded a price flexibility of –0.059 and a corresponding price elasticity of –16.94. These empirical results support hypotheses that substitutes for crawfish are available to consumers. Uncertain yields from the basin due to the sort of water level fluctuations documented in this study suggest that investment in this area of the Louisiana crawfish industry will continue to be hampered.     

DETERMINING THE IMPACT OF CRAWFISH IMPORTS ON U.S. DOMESTIC PRICES

The study identifies the linkage between imports and the domestic price of crawfish. The results show a simultaneous increase in imports and domestic prices of crawfish while showing a negative relationship between domestic landings and price. Each model shows that there is a seasonality effect on the domestic price of crawfish. The study also shows that increases in the domestic supplies of shrimp, tilapia, and clams generated increases in the domestic crawfish price, while increases in imported and domestic supplies of beef and imported supplies of pork decreased the domestic crawfish price.     

Exogenous proteinases as feed supplement for shrimp: in vitro evaluation

To test the efficacy of adding enzyme supplements to feeds, an in vitro study was conducted by mixing bovine trypsin or proteinases from the gastric juice of the Cortez swimming crab Callinectes bellicosus with an enzyme extract from the digestive gland of the whiteleg shrimp Penaeus vannamei. Enzymes alone and mixtures were tested for hydrolysing proteinaceous natural substrates (bovine casein, bovine haemoglobin, and bovine serum albumin). All enzyme preparations hydrolysed casein. Shrimp enzymes hydrolysed haemoglobin but not serum albumin. Bovine trypsin and crab proteinases hydrolysed serum albumin but not haemoglobin. The mixture of shrimp and crab enzymes generated more hydrolytic products of serum albumin than shrimp enzymes alone. Shrimp enzymes mixed with bovine trypsin did not hydrolyse albumin because the bovine trypsin vanished; shrimp enzymes hydrolysed bovine trypsin. Results indicated that it is naive to assume that proteinolytic enzymes from different species will add their catalytic capabilities if mixed; here, we demonstrated that they may act as proteinases and will hydrolyse available protein regardless of its function. Our conclusion is that enzyme supplements should be tested in vitro before intending them as exogenous proteinases in feeds. This technique can be used to assess the compatibility and additivity of proteinases when mixed for biotechnological purposes. Besides, the technique can demonstrate who hydrolyses whom.     

A Standard Reference Diet for Crustacean Nutrition Research. II. Selection of a Purification Procedure for Production of the Rock Crab Cancer irroratus Protein Ingredient

Obtaining reliable results from comparative crustacean nutrition studies requires a dietary reference protein which is available world-wide and is nutritionally optimal for growth and survival. Traditional protein sources include "vitamin free" casein, egg albumin, whole egg protein, soybean protein, and others. These have proven to be inadequate for juvenile lobster ( Homrus americanus ). Purified rock crab ( Cancer irroratus ) protein is proposed to be nutritionally superior to casein for inclusion in semi-purified lobster diets.
Eighteen week feeding trials with juvenile H. americanus were conducted to compare diets containing protein obtained from rock crabs ( Cancer irroratus ), and produced by several different purification processes with a control diet having casein as its primary protein source. Diets containing purified rock crab protein were found to be superior to the control diet. Among the differently derived purified rock crab protein products, the precooked, isopropanol-purified was the most effective dietary ingredient.     

Community livelihood and patterns of natural resources uses in the shrimp‐farm impacted Mekong Delta

This case study looks at changing livelihood strategies of the coastal population in Soc Trang Province in the Mekong Delta, Vietnam, and their impacts on natural resources. It provides an opportunity not only to document the impact of shrimp farming on coastal livelihood but also to better understand the link between brackish water aquaculture development and natural resource use. The approach includes a socio‐economic survey in six villages of the province focusing on risk strategies and livelihood diversification. Shrimp farming was found to be less risky and more profitable for households and private companies with a higher investment capacity than for poorer households. Households facing a high risk in shrimp farming diversified their aquaculture production, with other high‐value species like mud crab and elongated goby as a coping mechanism. The use of natural resources' collection is shifting from home consumption towards market‐oriented sales of juvenile mud crabs, clams or fish (elongated goby) to supply seed for brackish water aquaculture developments.     

Export performance of major cultured shrimp producers in the Japanese and US markets

Increase in shrimp farming was stimulated by growth in world market for high-value shrimp products in the 1980s. The major cultured shrimp producers are located in Asia-Pacific and Latin American regions. The revealed comparative advantage (RCA) method is used to provide insights into the export performance of nine selected shrimp producers in the Japan and United States markets, separately. Shrimp is marketed in a wide variety of product forms, and prices vary according to various product attributes including species, size, taste, quality and origin. The results show that vertical product differentiation concerning different varieties of a good in terms of both quality and price plays an important role on the relative export competition of shrimp products among major shrimp-exporting countries. As a result of the geographical advantage, Asia-Pacific producers enjoy comparative advantage in the Japanese imported shrimp market. Joint ventures with the United States provide great benefits to Ecuador and Mexico in exporting fresh shrimp into the United States market.     

Price transmission among different Atlantic salmon products in the U.S. import market

The cross-commodity price transmission is an approach to derive meaningful results from the price information, and is mostly influenced by the substitutability and complementary relations among products. Using time series data collected from the National Marine Fisheries Statistics, the present study specified and estimated cross-commodity price transmission models for 13 salmon products imported in the U.S. market. The salmon products are differentiated by form, cut, source/origin, and production environment. The estimated cross-product price transmission elasticity and degree of substitutability among them varied considerably. Whole fresh farmed Canadian and Norwegian Atlantic salmon did not have any close import substitutes in the U.S. market among the salmon products considered in the study. A reduced pricing strategy would result in an increase in U.S. salmon import market share of Chilean and U.K. Atlantic fillet fresh, if the U.S. import demand for it is relatively own-price elastic.     

Effects of inter‐country aquaculture technology diffusion rates on international shrimp market shares

Abstract

Technology innovation and diffusion in shrimp aquaculture has resulted in increased quantity and supply of shrimp to satisfy expanding consumer demand. Logistic growth curves are estimated to depict the rate of diffusion of shrimp aquaculture technology throughout the major shrimp producing countries. A time series/cross sectional model is applied to 1985–1991 and 1995–1999 production data to evaluate factors influencing shrimp production growth rates. Calculated market shares for each country indicate that operating costs, lagged shrimp price, number of hectares in production, lagged export quantity of shrimp, and market structure influence the aquaculture technological diffusion rates and shrimp produced, and suggest that countries that incorporate technologies into their production system benefit the most from increased market share.     

PURCHASING SHRIMP FOR AT-HOME CONSUMPTION: THE RELATIVE IMPORTANCE OF CREDENCE VERSUS PHYSICAL PRODUCT FEATURES

Consumers have become increasingly concerned with the quality, safety and production features of food. Certain population segments will pay more for food products carrying a label identifying credence features that consumers cannot evaluate, even after consumption. Seventy-nine market research questionnaires were completed by consumers purchasing live shrimp at two harvest sales at a University of Florida pond aquaculture facility. A conjoint analysis experiment was included to quantify the utility value and relative importance of seven different shrimp product physical and credence features: species, size, refrigeration state, product form, purchase price, country of origin label, and production method label. Both credence features had positive impacts on shrimp product utility, with country of origin label conferring higher positive utility than any other shrimp feature. Utility associated with wild-harvested shrimp was slightly higher than the utility of farm-raised shrimp. These results provide justification of seafood industry support for mandatory country of origin labeling.     

Performance of shrimp futures markets as price discovery and hedging mechanisms

Abstract

Granger causality tests revealed leading indicators of shrimp futures prices, implying that futures prices do not reflect all available market information and potentially fail to be an exemplary price discovery mechanism. Trading simulations confirmed that the use of some leading indicators allowed profitable arbitrage in shrimp futures trading. Shrimp futures were deficient as a hedging tool, as well. Correlations between futures and wholesale cash prices were often low, and basis risk rivaled price risk. Lack of liquidity is a likely explanation for shrimp futures’ shortcomings as a hedging tool and price discovery mechanism.     

A Standard Reference Diet for Crustacean Nutrition Research. I. Evaluation of Two Formulations

An international cooperative effort to evaluate two possible Standard Reference Diets (SRD) for crustaceans was initiated at an informal discussion on crustacean nutrition during the 1984 World Mariculture Society (WMS) meeting in Vancouver, B.C. One diet, BML 81 S, was developed at the Bodega Marine Laboratory, University of California, Davis. The other, HFXCRD 84, was developed at the Halifax laboratory, Department of Fisheries and Oceans, Canada. Details of the formulation, preparation and proximate composition of the diets are provided. Both of these diets, which had been used to culture lobster, Homarus sp., were compared with the usual control diets of several research teams from different countries in feeding trials with many different species of crustaceans including freshwater and marine shrimp, prawn, lobster, crayfish and crab.
The preliminary data on growth and survival of Pandalus danae, Penaeus monodon, P. stylirostris, P. vannamei, P. brasiliensis, P. setiferus, P. aztecus and Homarus americanus suggest that either BML 81 S or HFX CRD 84 would be an acceptable SRD for these species. The only species tested that would not accept either diet were Panulirus argus and Cherux tenuimanus . Use of an SRD will provide a more accurate assessment of non-nutritional growth factors and permit comparisons among laboratories, species and experiments.     

An Econometric Estimation of Market Growth for the U.S. Processed Catfish Industry

Inadequate information pertaining to the growth potential of the US. processed catfish industry has been a major factor leading to cyclical periods of excess supply or demand resulting in misal-location of resources and price instability. Better information for industry planners (e.g., producers, processors, government regulatory agencies, and university researchers) on future sales potential would assist in decreasing the misuse of resources. An econometric model of wholesale demand for US. processed catfish was developed to provide estimates of future sales under various scenarios. In addition to the standard variables included in models of demand for food items—price, income, and population—the effects of product life cycle and industry-sponsored generic advertising are quantitatively incorporated. Seasonality of demand and rigidities in marketing and consumer behavior are additional considerations explicitly modeled via monthly dummy variables and a Ner-lovian partial adjustment mechanism, respectively.
Model results indicate the impact of alternative future price scenarios on wholesale processed caffish sales. At the mean real wholesale price of $1.60 (December 1988 dollars) for whole-dressed caffish and a real generic advertising expenditure of one million dollars postulated for 1995, projected aggregate sales are 219.2 million pounds, a 23% increase over 1989 sales. Projected 1995 wholesale sales are very sensitive to price with alternative price postulations of $1.40 and $1.80 resulting in projected sales of 252.3 and 193.6 million processed pounds, respectively. An estimated 7% average increase in wholesale sales of catfish was attributed to the industry-sponsored generic advertising campaign. Model projection estimates and impacts are posed as a quantitative source of information to be used with other information in resource allocation issues faced by industry decision makers.     

青蟹的营养需求研究及其配合饲料研制

青蟹属（Scylla）有锯缘青蟹（Scylla serrata），拟穴青蟹（S．paramamosain），紫螯青蟹（S．tranquebarica）和榄绿青蟹（S．olivacea）等4个种。我国以拟穴青蟹占绝对优势，它有个体大、生长快、适应性强、肉味鲜美、营养丰富等特点，已成为具有重要经济价值的海水养殖蟹类之一。     

An econometric estimation of Japanese shrimp supply and demand during the 1990s

Abstract

A simultaneous‐equation model of the supply and demand of shrimp in Japan is constructed, and sensitivity analyses are conducted to measure the effects of changing exchange rates and the stock holdings of shrimp. Using monthly statistics from January 1990 to December 1997, the Japanese own‐price elasticity of supply is found to be inelastic and has a less important effect than the beginning stocks factor. The Japanese demand for shrimp is also found to be price‐and income‐inelastic. The beginning of stock holdings is more sensitive to Japanese shrimp demand than the import price and income. The result of seasonality analyses shows that Japanese shrimp demand also depends on cultural factors.     

A Standard Reference Diet for Crustacean Nutrition Research.: V. Growth and Survival of Juvenile Dungeness Crabs Cancer magister

An experiment was conducted to measure the survival and growth of juvenile Dungeness crabs ( Cancer magister ) when fed purified crustacean diets in intensive laboratory culture. Wild-caught juvenile crabs were held individually and fed either a casein-based diet previously used for lobster experimentation (diet BML-81 S), a crab protein-based diet (HFX-CRD-84), or a closed-formula commercial fish (trout) diet. Diets BML-81 S and HFX-CRD-84 have been proposed as possible general crustacean reference diets. The crab protein-based diet appeared to be more attractive to the crabs, but after a 90 day experimental period there were no significant differences ( P < 0.01) in growth or survival between crabs fed the proposed reference diets; however, survival on the trout diet was significantly reduced. Results are discussed in relation to the rearing conditions and the composition and physical characteristics of the diets.     

Shrimp farming in Latin America: Current status,opportunities, challenges and strategies for sustainable development

Abstract

Shrimp farming in Latin America and the Caribbean (hereinafter, LA&C) is a complex, diverse and dynamic activity, occurring in 22 out of 36 countries, producing 231,000 tons, valued at US$ 1.2 billion in 2002¹. Farmed shrimp represents 52% of all shrimp volumes produced regionally, and almost 18% of all shrimp and prawn (S&P, hereinafter) cultivated worldwide. Whiteleg shrimp (Litopenaeus vannamei) constitutes 91% of all shrimp farmed in LA&C and five nations, led by Brazil ‐formerly by Ecuador‐, comprise 82% of farmed production. Over 90% of LA&C shrimp production is exported (230,000 tons of end products from both aquaculture and wild origin valued at US$ 1.36 billion), generating a trade surplus of US$ 1.28 billion (2002).

Farmed shrimp could easily surpass 513,000 tons by 2030, more than doubling current regional figures (2.9% annual growth rate, compounded). However, competition with Asian countries, anti‐dumping accusations and other factors might limit the expansion process, which is increasingly determined by strategically important matters rather than by physical production constraints. Here, a ‘production‐driven’ process of past decades is being replaced by a ‘demand‐led’ situation, where market and marketing issues will increasingly influence the outcome of shrimp farming.

Growing market competition will continue to press prices down and industry will be forced into a permanent process to improve competitiveness. Here, development strategies include actions by governments and producer associations, promotional and marketing campaigns and the application of good management practices across the production and distribution chains.     

COVID-19 impacts on the Bangladesh shrimp industry: A sequential survey-based case study from southwestern Bangladesh

Shrimp farming is fundamental to the national economy of Bangladesh, particularly through earning foreign currency. The nationwide lockdown and international cargo restriction jeopardized the sector and breaking its marketing chain. Assessing the degree of farming socio-economic peril from COVID-19 and suggesting early coping strategies and long-term mitigation measures are pressing to build resilience for this food production sector. To collect survey data, two key-informant face-to-face surveys with 51 shrimp farmers and 62 consumers in southwest Bangladesh were accomplished. As national lockdowns restricted access to export markets and movements within the country, farm incomes decreased against rising production costs. To compensate, farmers reduced their workforce (29.4%), but even with the sale of co-cultured finfish still suffered from large drops in revenue (42.8% average profit reduction). Furthermore, we present evidence that shrimp farmers should consider diversification of aquaculture product type as co-culture of additional shrimp species was a poor mitigation strategy against large market price fluctuations. Product price reductions were passed on to the consumer, who enjoyed falling product prices including more expensive shrimp products, but the markup for nearly all aquaculture products increased. The current jeopardy and consequences of shrimp farming future are discussed, including coping strategies to help policymakers in building resilience against future uncertainties.

     

海产甲壳类血卵涡鞭虫病研究进展

血卵涡鞭虫是导致海产甲壳类疾病的主要寄生虫病原之一,国内迄今尚未见相关报道。本文结合作者近年来对海水养殖甲壳类病害的研究结果,较系统地综述了国外甲壳类寄生血卵涡鞭虫的研究进展,包括分类地位、生活史、传播途径、流行病学、组织病理以及诊断方法,并提出了相应的防治措施,旨在为中国海水养殖蟹类血卵涡鞭虫病害的研究与防治提供参考。     

Economic evaluation of mud crab farming under different production systems in India

Abstract

Apart from penaeid shrimp culture, crab farming and fattening and other several diversified aquaculture practices are now emerging as viable ventures in India. About 11 types of crab products are being exported from India with an average unit value realization of US$ 3.73 kg^?1, pinpointing its importance in the foreign exchange earnings. An economic evaluation of mud crab culture, fattening and fattening with composite culture of shrimp/finfish has been attempted in this paper. The major operating cost was that of seed and it was higher for crab fattening (87% of the total operating cost). Feed costs were very low compared to that of shrimp farming. Annual profit obtained was US$ 22812.5 ha^?1 year^?1 for culture and US$ 30820.8 ha^?1 year^?1 for fattening. Economic indicators such as net profit, rate of return, pay back period and breakeven price indicate that crab fattening/culture is much more profitable than any other coastal aquaculture operations currently in practice, provided hatchery production is established in the country to ensure adequate supply of mud crab seeds.     

A comparison of development opportunities for crab and shrimp aquaculture in southwestern Bangladesh, using GIS modelling

The present study identifies and quantifies appropriate sites for brackish water aquaculture development in southwestern Bangladesh using remote sensing, GPS and geographical information systems (GIS). A colour composite Landsat TM image from 1996 covering the southwestern part of Bangladesh was used to identify the extent of brackish water and to classify land use. The remotely sensed data were complemented by secondary data digitised from a range of sources, including hard copy maps, to create a spatial database that included environmental and infrastructural data. A series of GIS models were developed in order to identify and prioritise the most suitable areas for brackish water shrimp and crab farming. Using qualitative and quantitative output from the models, the benefits of shrimp and crab farming and alternative land uses in the Khulna region were compared, based on gross production, economic output and employment potential. Comparisons were made of brackish water shrimp and crab culture with moderately saline-tolerant tilapia and prawn culture, freshwater carp culture and traditional rice production systems. Shrimp was identified as the most capital intensive and risky production system. Earnings per hectare were a little higher for shrimp culture than for crab culture. The present study demonstrates the usefulness of GIS as an aquaculture planning tool in a region where natural resources are already under considerable pressure.