PRICE OF 28% PROTEIN FLOATING FEED, U.S. CATFISH INDUSTRY

Currently, catfish prices are about what they were in 2001. These prices have been blamed on the import of Vietnamese and Chinese catfish, however, the U.S. economy has suffered in general and particularly in some local areas due to layoffs in the textile industry. Now that we are seeing a reduction in business travel and layoffs in the transportation industry, more negative market effect is expected.

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Two types of data were needed: yields (pounds of catfish produced per acre) and prices (for feed and marketable catfish). Catfish yields have not been systematically measured, and some of the information needed to calculate yield has only recently been collected. As an alternative, this study incorporated simulated yield data validated using expert estimates of typical farm yields. Weather was selected as the force behind simulated yield variability because channel catfish feeding varies significantly with temperature and ceases when water temperature drops too low.

Page 1. PRICE OF 28% PROTEIN FLOATING FEED, U.S.. CATFISH INDUSTRY.

That is a reflection of consumer demand, Avery said. The average price for catfish between January and April was $1.14 per pound. Now, catfish prices are starting to take another dive, just as the cost of feed is about to go up due to this year’s drought. The latest national price average reported by USDA in May was $1.04 per pound.

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“Those farmers looking to take advantage of higher fish prices are looking to new production systems such as split-ponds, highly aerated small ponds, or switching to hybrid catfish,” Avery said. “These new technologies allow the farmer to produce more pounds off the space they have.

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This page features the latest price of catfish and catfish feed ingredients in Nigeria. It will be updated on a weekly basis to include the latest price of catfish in the Nigerian market as well as the price of various catfish feed ingredients. If there’s anything you’d like me to add to this page, please duly notify me using the appropriate channel:Some catfish producers recently switched to a feed based on gluten, a cheaper derivative of corn, to reduce their costs. But corn gluten transportation and prices were particularly hard hit by the Midwest floods.Perhaps nowhere has the rise in crop prices caused more convulsions than in the Mississippi Delta, the hub of the nation’s catfish industry. This is a hard-luck, poverty-plagued region, and raising catfish in artificial ponds was one of the few mainstays. This work, summarised in MAFES Bulletin 1144 (Robinson and Li 2005), provides nutritional information that can significantly reduce the cost of commercial catfish feeds. Specifically, a part of this research showed that properly balanced low-protein diets have potential for use in catfish production, (Robinson and Li 1997, 2005, 2007; Li et al. 2000, 2001, 2003a, 2003b; Robinson et al. 2001).

In addition, it may be possible to replace a major portion of soybean meal in catfish diets with less expensive feedstuffs (Robinson and Li 1993, 1994, 1999a, 1999b, 1999c, 2005; Li and Robinson 2006) or part of the corn with other less expensive energy feedstuffs (Robinson and Li 2005). Also, research on feeding catfish using high-protein finishing feeds to improve body composition and reduce feed cost has been conducted (Robinson and Jackson 1991; Robinson 1994).

Given recent increases in the price of commercial catfish feeds, additional research on reducing feed cost is warranted. The data presented in this bulletin were derived from three studies conducted over two years to further evaluate three areas: (1) low-protein, cottonseed-meal (CSM), gluten-based (corn gluten feed) diets; (2) low-corn diets; and (3) finishing diets.