Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Corn Prices Leave Catfish Farmers Gasping

Southern farmers abandon fish biz as feed prices triple

By Rob Quinn,  Newser Staff

Posted Jul 18, 2008 2:14 AM CDT

(Newser) – The soaring price of corn and soybeans is moving up the food chain and drying up the South's catfish farming industry, reports the New York Times. Farmers are draining their ponds as the cost of feeding the fish becomes prohibitive. In the Mississippi Delta, heartland of the relatively new industry, thousands of much-needed jobs are disappearing.

Cheap imports and shifts in consumer demand have added to the woes of catfish farmers. For many, the jump in corn prices after Midwest flooding was the last straw. “What’s happening to this industry is sad, but being sentimental won’t pay the light bill," said the head of one of the biggest catfish operations. Its ponds will be drained this year—and the land planted with corn and soybeans.

As many as 10 million catfish eggs, fry and small fingerlings inhabit the Quiver River Aquaculture Inc., hatchery in Moorhead, Miss., June 3, 2008.
As many as 10 million catfish eggs, fry and small fingerlings inhabit the Quiver River Aquaculture Inc., hatchery in Moorhead, Miss., June 3, 2008.   (AP Photo/Rogelio V. Solis)
A basket full of catfish fingerlings are pulled from their pond near Moorhead, Miss., June 3, 2008, for transport to another farm where they will be raised to fillet size.
A basket full of catfish fingerlings are pulled from their pond near Moorhead, Miss., June 3, 2008, for transport to another farm where they will be raised to fillet size.   (AP Photo/Rogelio V. Solis)
A Quiver River Aquaculture Inc., employee drives around one of its catfish ponds, firing out high protein feed to fingerlings near Moorhead, Miss., June 3, 2008.
A Quiver River Aquaculture Inc., employee drives around one of its catfish ponds, firing out high protein feed to fingerlings near Moorhead, Miss., June 3, 2008.   (AP Photo/Rogelio V. Solis)
An area that used to be a thriving catfish pond is seen near Moorhead, Miss., June 3, 2008.
An area that used to be a thriving catfish pond is seen near Moorhead, Miss., June 3, 2008.   (AP Photo/Rogelio V. Solis)
« Prev« Prev | Next »Next » Slideshow
To report an error on this story, notify our editors.
A snapshot of the day's best news stories.
 
COMMENTS
Be the first to comment on this story.

More Newser Stories

Midwest Awaits Bumper Corn Crop

US Farmers See Leaner Times in Stormy Market

Farms Fuel Boom in US Exports

Fish Farms, Retailers Hatch Green Standards

Grain Prices Surge With Midwest Floods


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   Betty Confidential   |   BuzzFeed   |   Cracked   |   Fark   |   Timelines   |   The Frisky   |   Geek Sugar   |   NewsOne