Assessing price integration and trade policy in the U.S. catfish market

In 2003, the United States adopted anti-dumping tariffs for Vietnamese catfish products entering the country. This study examines how these tariffs have impacted the price relationship between domestically produced and imported catfish products. Cointegration tests confirm a long-run price relationship between domestic and imported catfish, which has persisted despite the anti-dumping tariffs. However, imports are composed of catfish from Vietnam and other countries, with only the former subjected to tariffs. Results from vector error correction models suggest that Vietnamese catfish prices do not significantly influence domestic prices. Conversely, the price of catfish from countries other than Vietnam continues to impact prices received by domestic catfish farmers and processors. The domestic catfish industry is still affected by lower-priced imports from countries other than Vietnam, although some of these may be transshipments that truly originate in Vietnam. This research methodology could be adapted to investigate trade and price interactions among other aquacultured species, which will become increasingly important as global aquaculture expands.     

Analysis of Catfish Pricing and Market Dynamics: The Role of Imported Catfish

The producer price of catfish is becoming relatively unstable compared to the trend in previous years, necessitating the need for a complete analysis of catfish pricing and market dynamics. An understanding of the price determination mechanisms in the catfish market and the relationships between producer price, domestic processed price, and import price are important because price variability can result in significant financial losses to the domestic catfish industry. This study used a cointegration procedure to examine the long-run relationships between domestic prices of catfish and imported price. Results from unit root and cointegration tests suggest that there is a long-run equilibrium relationship between pairs of these prices. Results from Granger causality tests and error-correction model estimations suggest that the market for domestic frozen fillets plays a significant role in the price determination of imported catfish. A similar relationship is found between producer price and frozen fillet price. Some significant measures that were estimated include a frozen fillet-producer long-run price transmission elasticity of 0.162, a frozen fillet-imported fillet long-run price transmission elasticity of 3.56, and a producer-frozen fillet short-run price transmission elasticity of 0.322. High levels of fillet prices appear to have influenced the level of catfish imports. As long as distributors and restauranteurs do not see a basis for paying a premium for U.S. catfish products, they will continue to purchase the lower-priced imported catfish and consequently imports will continue to increase.     

A DEMAND ANALYSIS FOR CRUSTACEANS AT THE U.S. RETAIL STORE LEVEL

This study used a LA/AIDS model to estimate demand system for crustacean species, shrimp, crab, crawfish and lobster at the U.S. retail store level. Shrimp demand is price elastic; crab, crawfish and lobster are price inelastic. Shrimp price significantly affects market shares of crustacean products. Shrimp has more substitutes than other crustaceans, and lobster has less substitutes than others. The demand for crab and lobster grow faster than the demand for shrimp and crawfish when expenditure increases. Promotion has positive effects on market shares and sales volume of own products and negative effects on cross-products. Shrimp price-reduction promotion strategies will be effective in term of raising shrimp sales value. Marketing programs that increase consumers’ marginal utility with an additional small increase in the selling price of crab, crawfish and lobster products will be feasible, and bring higher sale values.     

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.     

中国大陆鱼粉市场状况分析

就中国大陆鱼粉市场整体状况,分别从国内鱼粉生产状况、进口状况和鱼粉流通及市场价格变化状况进行了分析,希望有助于相关企业和部门的生产与管理。     

Growth of Crawfish Procambarus clarkii as a Function of Density and Food Resources

This study utilized enclosures (cylindrical, 5-mm wire mesh, O.5 m² bottom surface area) placed over rice-forage substrates in experimental crawfish ponds to contain crawfish under typical pond culture conditions. Juvenile Procambarus clarkii were stocked at six densities (2, 4, 6, 10, 14, and 18 crawfish/m²) for 12-wk growth trials in October and again in February. Crawfish relied solely on the detrital food system for their nutritional needs. Supplemental feed was supplied to crawfish in additional enclosures at two of the test densities (2 and 10 crawfish/m²). The commercially formulated feed (25% crude protein) was fed (2.02 g dry feed/m²) 3 d/wk (Monday, Wednesday, Friday). All treatments were replicated with six enclosures. Crawfish growth was inversely correlated to culture density. Mean final weights for crawfish feeding from the detrital-system only were 15.3, 13.8, 11.2, 7.9, 7.2, and 5.8 g for crawfish densities of 2, 4, 6, 8, 10, 14, and 18/m², respectively. Mean final weights for crawfish receiving supplemental feed were 20.7 and 12.4 g for densities of 2 and 10 crawfish/m². When compared with density as a factor influencing growth, feed influenced growth less than density abatement. Supplemental feeding improved crawfish growth in detrital systems an average of 46%, while decreasing initial density improved growth an average of 80.5%.     

United States of America Trade in Ornamental Fish

Ornamental fish production is among the leading cash crops of the United States of America aquaculture economy, and retail value of the fish trade is worth approximately US$l,000 million. However, few studies exist to document this trade. Using import and export documents we report trends in total values for the U.S. trade in ornamental fish. Also, we determined the number and value of the most commonly imported ornamental fish. In 1992, approximately 201 million fish valued at $44.7 million were imported into the U.S. The port of Los Angeles handled 39% of all trade activity, Miami 22%, New York 16%, Tampa 6%, and Honolulu 6%. Freshwater fish accounted for approximately 96% of the total volume and 80% of the value of the imports. Most freshwater ornamental fish were farm-raised and imported from Southeast Asia. Most U.S. exports of ornamental fish were cultured in the state of Florida. Although saltwater fish had a high market value (20% of the declared value of the imports), the volume of these fish was only 4%. Most imported and exported saltwater ornamental fish were collected from the wild. Of the 1,539 species declared as ornamental fish, 32 species dominated the trade. These were all of freshwater origin. The guppy Poecilia reticulala and neon tetra Paracheirodon innesi were the most popular ornamental fish kept in U.S. households. The average prices paid for imported ornamental freshwater fish were 45 cents for egg layers and 22 cents for live bearers. The results of this study document the importance of the ornamental fish industry and identifies the most valuable species in the trade for potential domestic culture and protection in the wild.     

TENANCY ARRANGEMENTS USED BY LOUISIANA CRAWFISH PRODUCERS

Land tenancy arrangements vary widely in the U.S. crawfish industry, including full ownership by the crawfish producer, cash leases, share leases, and combination cash-share leases. This study examines the array of tenancy arrangements available and analyzes the types of farmers selecting each using a multinomial logit model. Choice of tenancy arrangement varies according to a number of traditional factors, such as farm size, experience, specialization, and production system. The influence of production system on land tenancy selection is of particular interest. Crawfish-rice double-crop producers tend to own all of their crawfish land, while those farming under rotational systems with crawfish and field crops tend to select combination cash-share leases. Shares, rental rates, and percentages of pumping cost paid by the landlord vary widely.     

Effects of Water Quality,Weather and Lunar Phase on Crawfish Catch1

The relationship between water quality, weather, lunar phase and daily changes in crawfish (Proearnbums clurkii) catch per unit effort (CPUE) was determined in five experimental crawfish ponds from March through May, 1984 and 1985. Air and water temperatures, solar radiation, dissolved oxygen, wind velocity, barometric pressure, precipitation and lunar phase were recorded daily during the harvesting phase of the study. Crawfish CPUE (g/trap/24 h) was significantly correlated with water temperature, dissolved oxygen, lunar phase, barometric pressure, wind velocity and the relative density of harvestable size crawfish. Most statistically significant environmental or climatological variables explained less than 20% total daily variation in crawfish CPUE. The nine environmental variables were reduced to four factors—temperature-harvestable crawfish, cold fronts, rain showers, and lunar phase—with principal-components analysis. Eighty-five percent of the variation in daily crawfish catch was attributed to water temperature and relative density of harvestable crawfish, and 7.1% was explained by lunar phase. Rain showers and cold fronts accounted for 4.8 and 2.5% of the daily variation in crawfish CPUE, respectively. Crawfish catch increased with an increase in water temperature and relative abundance of harvestable crawfish, and with short duration rain showers. Conversely, crawfish CPUE declined with the approach of full moon and with passage of cold fronts.     

Molting,Mortality, and the Effects of Density in a Soft-Shell Crawfish Culture System 1

The molting and mortality patterns at a crawfish density recommended for commercial-scale soft-shell crawfish culture systems showed that, over a 116 day period, 74% of the crawfish molted, 22% died, and 4% remained in the system at the end of the study. Approximately three weeks of adaption to the system were required before molting rates of the crawfish began to increase. By the sixth week, the number of malted crawfish per day exceeded the overall mean and remained at this level until 10 days before moltable crawfish were depleted. In a second study, three density levels (3.7,4.9, and 6.1 kg crawfish/m²) were tested for 60 days. The lowest density produced significantly fewer (P < 0.05) molted crawfish. Mortality was significantly greater (P < 0.05) at the highest density compared with the lowest density. The highest density (6.1 kg crawfish/m²) showed a higher molting rate than the lower densities, but it was not significantly different (P < 0.05) from the molting rate of 4.9 kg/m².     

Molting and Mortality of Red Swamp and White River Crawfish Subjected to Eyestalk Ablation: A Preliminary Study for Commercial Soft-Shell Crawfish Production

Eyestalk ablation may reduce the cost of soft-shell crawfish production by reducing the molt interval. In this study, both immature and mature red swamp crawfish Procambarus clarkii and white river crawfish Procambarus zonangulus , formally Procambarus actus actus (Hobbs and Hobbs 1990), were ablated using a pair of modified pliers and placed in a recirculating system. Molting percentages, mortalities and mean molt intervals of the ablated crawfish were analyzed.
Eyestalk ablation resulted in dramatic reduction of molt intervals and mortalities comparable with the current commercial (non-ablation) soft-shell crawfish production systems. The mean molt intervals of the ablated red swamp crawfish ranged from 6.7 to 7.8 days for immature and 9.2 days for mature animals; whereas, the molt interval of ablated white river crawfish was 8.9 and 11.2 days for immature and mature animals, respectively. Mortalities obtained in this study ranged from 20 to 48% and 32 to 66% for immature and mature crawfish, respectively. During the experiments, molting percentages and mortalities were not consistent. Secondary treatments such as air clotting and cauterization did not alter mortality significantly.     

THE RUSSIAN SEAFOOD REVOLUTION: SHIFTING CONSUMPTION TOWARDS AQUACULTURE PRODUCTS

A food consumption revolution is taking place in Russia. After decades of severe constraints on food consumption options under the communist regime Russian consumers are now adopting new food products—including seafood products – at a high pace. Since Russian consumers have previously had very limited seafood consumption choices, the market can be seen as an interesting laboratory for investigating consumer responses to products that have previously not been available. Among imported seafood products are both wild and farmed species. Furthermore, Russian imports include both traditional species such as herring, and ‘new’ species such as pangasius. We analyze market integration among seafood products using Russian monthly import prices from 2002 to 2007 on several products, such as herring, salmonids and pangasius. We find that pangasius compete in the white fish segment, and is a price leader. In the salmonids market, farmed salmon trout appears to be the price leader, both in the fresh and frozen market segment.     

Evaluation of Trap Density and Type for Harvesting Crawfish Procambarus spp. from Small Ponds

Harvested crawfish were stocked into 0.15-ha earthen ponds in March and May at rates of 114, 227, and 455 kg/ha to evaluate the effects of trap density, 27 and 54 traps/ha, on their recapture over 14 d following 3 d of acclimation. Two-funnel, stand-up pillow traps and three-funnel pyramid traps were compared. About 39% and 55% of stocked crawfish were recovered in March and May, respectively. There was considerable growth of those crawfish. Overall catch with both trap densities was equivalent in March but the higher trap density caught 1.3 times more crawfish in May. Pyramid traps caught 1.5–1.9 times more crawfish than pillow traps.     

Predicting Crawfish Molting with Machine Vision

The objective of this project was to develop a vision system that could predict when crawfish will molt. Different sections of the crawfish shell were examined to determine how the color changed as the time of molting approached. A strip on the tail section of the crawfish showed the greatest, most consistent color change. The average red/green × red/blue ratio decreased for every crawfish as the molting time approached. Using this ratio as a predictor, it was possible to predict the molting of a crawfish within 3 d with an accuracy greater than 80%. The limitation on accuracy was primarily the result of the large variations in natural shell color among the crawfish.     

不同饵料对细鳞鱼仔鱼开口驯化的比较

本研究采用4种不同的饵料进行42d的养殖试验,比较不同营养成份饵料对细鳞仔鱼生长的影响。结果表明,不同饵料对细鳞仔鱼开口驯化和生长具有显著影响,开口阶段,各组间的生长模式方程都能得到比较好的拟合;且仔鱼日增重和瞬时生长率存在不同程度的差异。进口饲料组最终的生长情况最好,其次是水蚯蚓、国产饲料组和混合饵料组。     

Effects of Supplemental Feeding on Harvest of Red Swamp Crawfish,Procambarus clarkii,in Forage‐based Ponds

Procambarid crawfish aquaculture in the USA relies on an established forage‐based system for providing sustenance for growing crawfish. These systems may become inadequate at times for providing sufficient nourishment to support maximum growth of the population. Supplemental feeding is not routinely used because management recommendations for the cost‐effective use of supplemental feeds in ponds are not available. Because crawfish under confinement readily consume and grow well when fed single feedstuffs, such as rough rice seed and whole, raw soybeans, this study was initiated to investigate the use of these readily available low‐cost feedstuffs as supplemental feeds in aquaculture ponds. Earthen ponds (0.2 ha), constructed and managed to simulate commercial crawfish ponds, were used over three consecutive production seasons to evaluate the effects of supplemental feeding on yields and size of crawfish. Treatments for Seasons 1 and 2 consisted of (a) hull‐on rough rice seed, (b) whole raw soybean, (c) formulated 25% crude protein pellet, and (d) no supplementation and were replicated in four and three ponds for Seasons 1 and 2, respectively. Treatments for Season 3 consisted of (a) whole raw soybean and (b) no feed, with 10 replicated ponds each. Feeding frequency was established each year, and feeding rates were adjusted according to predetermined guidelines and monitoring of feeding trays. Crawfish harvesting was conducted by baited wire‐mesh traps and all harvested crawfish were subjected to a mechanical grader and sorted into three size classes. Results show that supplemental feeding, while trap‐harvesting operations are underway, can reduce yields and generate a negative economic benefit, perhaps as a result of residual feed within the pond rendering the baited trap less effective.     

The Effect of Five Stocking Densities on Growth and Yield of Red Swamp Crawfish Procambarus clarkii

A 34-day study was conducted to estimate the effect of stocking density on growth, biomass, and yield of harvestable animals in red swamp crawfish, Procambarus clarkii (Girard). Juvenile crawfish were stocked at l, 2, 4, 8, and 16 crawfish per m² into plastic-lined metal pools planted with rice ( Oryza sativa ) with three replicate pools at each density. Crawfish averaged 35 ± 1.5 mm (SE) total length at the time of stocking.
Growth in total length and weight was significantly affected by density ( P < 0.01), ranging from 91.5 mm and 20.7 g for crawfish stocked at 1 per m² to 62.5 mm and 6.3 g for crawfish stocked at 16 per m². The total crawfish biomass ranged from 20.7 g per m² for crawfish stocked at 1 per m² to 88.7 g per m² at 16 per m². The portion of that biomass made up of harvestable sized animals (>75 mm total length) ranged from 100% at 1 per m² to 0.7% at 16 per m². Gross revenues per ha were projected for crawfish yields at each stocking density with and without a graded product.     

THE FUTURE OF U.S. SEAFOOD SUPPLY

The United States today imports most of the seafood it consumes. Half of these imports are from aquaculture. Domestic wild capture production is limited and U.S. aquaculture production has declined in recent years. Policy, socioeconomic, and regulatory obstacles stand in the way of expanded U.S. aquaculture production. In this article, we examine the implications of two future paths for seafood supply: an increasing reliance on imports, and a shift toward increased domestic aquaculture production. We examine global trends, likely future developments in U.S. seafood demand and supply, and implications of the path of U.S. aquaculture development for U.S. seafood supply and prices, employment, ecological footprint, and seafood supply security and safety. We conclude with recommendations for a path forward that serves the interests of the nation and the global community in the search for economically sound and sustainable ways to feed a growing population.     

Predation by Dragonfly Naiads Anax junius on Young Crawfish Procambarus clarkii

Anax junius (Odonata: Aeschnidae) predation on young crawfish, Procambarus clarkii , was measured in the laboratory. Predation rates (0.066–1.16 crawfish/day) were estimated at 25, 15, and 5 C and for two sizes of crawfish (11–20 and 21–30 mm total length). Naiad predation increased with increasing temperature and decreasing crawfish size. At 5 C, naiads had no significant effect on survival of large crawfish but did significantly reduce survival of small crawfish. At 15 and 25 C, predation rates were significantly affected by temperature and prey size. Relative naiad abundance in a 0.8 ha crawfish pond was estimated from September through May. Larger naiads (head width, >6.5 mm; total length, >30 mm) capable of preying on young crawfish were not present until after most crawfish had reached invulnerable sizes. Large naiads, as a result, may not affect crawfish production under normal management conditions.     

Double-Cropping Malaysian Prawns,Macrobrachium rosenbergii,and Red Swamp Crawfish,Procambarus clarkii

Prawns, "Macrobrachium rosenbergii," and crawfish, "Procambarus clarkii," were alternatively grown in ponds to determine if they were compatible and if total production could be increased. Brood crawfish were stocked into replicated ponds at rates of 0,60, 120 or 180 kg/ha on 18 April. Water was removed to encourage burrowing. Following this, rice was planted as forage. Post-larval prawns (0.02 g) were stocked 3 July in all ponds at 17,500/ha. Prawns in half the ponds were fed and those in the other ponds were not. Ponds were drained from 7 to 11 October. Prawn production ranged from 157 to 248 kg/ha; survival ranged from 69% to 88%, and average size ranged from 11 to 7 g. There was no significant difference (P > 0.05) between fed and non-fed treatments. The ponds were reflooded and crawfish were harvested by trapping from 15 January to 15 May. The average yield of crawfish ranged from 746 to 1,266 kg/ha. Stocking rate had no effect of crawfish yields (P > 0.25). Total yield, with prawns and crawfish combined, ranged from 1,037 to 1,237 kg/ha. Overall, prawns and crawfish were compatible in rotation. Prawns were a good size for soft shell production during months when crawfish are not available for soft shell production.