Supply, demand spike catfish prices in Arkansas

The Fish Site
by The Fish Site
7 February 2007, at 12:00am

ARKANSAS - Southerners appreciate the delicacy of a catfish dinner, but until recently, prices were no treat for catfish farmers.

“Right now, the price of catfish is about 85 cents per pound, which is a decent price for the producers,” says David Heikes, Extension fisheries specialist with the University of Arkansas at Pine Bluff Aquaculture/Fisheries Center of Excellence.

“In the 1990s, there was such an abundance of catfish that it was a buyer’s market. Now, because there are fewer catfish producers in the U.S., the seller has the advantage.”

One thing to give Arkansas producers pause is the influx of imported basa and tra from Vietnam. Basa and tra are types of fish raised on Vietnamese farms and may force prices down if grocers choose to carry these products when U.S. farm-raised catfish get scarce. Prices for imports are cheaper in part because they are raised in cages or flow-through ponds along the Mekong River, and wastes from these fish operations are discharged without treatment.

When the tide of imports started increasing about 1999, the development and expansion of catfish farms in Arkansas slowed because it was harder for farmers to get bank loans due to risk. While that situation has changed to a degree today, it’s still a consideration for catfish producers in Arkansas.

In fact, almost 5,000 acres of catfish production in south Arkansas was out of business between 2000 and 2005. Today, many of those farms have been purchased by other catfish producers to expand their operations.

Source: Delta Farm Press