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You can kiss reasonably priced crawfish goodbye

Posted on 2/25/14 at 8:26 am
Posted by Geauxld Finger
Baton Rouge
Member since Jan 2005
31711 posts
Posted on 2/25/14 at 8:26 am
This quote from an article about "sticker shock" with customers is quite telling

"Yeah, they're definitely noticing sticker shock to it, but people are going to buy it and that's just the supply and demand. If they want them, they going to pay for them."

Basically people are going to get used to the higher prices, and keep paying them.

LINK ADDED
This post was edited on 2/25/14 at 8:51 am
Posted by notiger1997
Metairie
Member since May 2009
58123 posts
Posted on 2/25/14 at 8:37 am to
Probably so, but it's not like they are going to stay over $4 a pound for the next 4 months.
They will come down, but dont' ever expect .99 a pound again.
Posted by Geauxld Finger
Baton Rouge
Member since Jan 2005
31711 posts
Posted on 2/25/14 at 8:38 am to
wouldn't even expect 1.99 anymore
Posted by Oenophile Brah
The Edge of Sanity
Member since Jan 2013
7540 posts
Posted on 2/25/14 at 8:41 am to
quote:

This quote from an article about "sticker shock" with customers is quite telling

Thanks for the link.

quote:

"Yeah, they're definitely noticing sticker shock to it, but people are going to buy it and that's just the supply and demand. If they want them, they going to pay for them."

Feels like the middle finger. I would suggest to "Uncle Jimbob" to pipe down about his pricing strategy. No one likes hearing that prices are going up.
Posted by hungryone
river parishes
Member since Sep 2010
11987 posts
Posted on 2/25/14 at 8:41 am to
Why would anyone expect the price to stay low? Gas & diesel prices are still in the stratosphere....those crawfish don't magically swim to your local seafood store. As fuel prices go, so goes the price of fresh seafood, not just crawfish.
Posted by Motorboat
At the camp
Member since Oct 2007
22681 posts
Posted on 2/25/14 at 8:42 am to
quote:

Basically people are going to get used to the higher prices, and keep paying them.


I know I will.
Posted by greenwave
Member since Oct 2011
3878 posts
Posted on 2/25/14 at 8:44 am to
quote:

.99 a pound again.


I bought a sackful at HEB last year for that.
Posted by JMnola
Member since Oct 2012
599 posts
Posted on 2/25/14 at 8:49 am to
quote:

As fuel prices go, so goes the price of fresh seafood, not just crawfish.

I'm so sick of this argument. Fuel prices are cheaper now than a few years ago when it was a 4.00 a gallon. In fact the price of fuel has been pretty fricking constant lately.

I'm going to be one pissed off consumer if the price of crawfish never gets back down to 1.99 a pound because one freak season halted supply and people still paid a bunch of money for not much food.

Posted by Geauxld Finger
Baton Rouge
Member since Jan 2005
31711 posts
Posted on 2/25/14 at 8:52 am to
quote:

I'm so sick of this argument. Fuel prices are cheaper now than a few years ago when it was a 4.00 a gallon. In fact the price of fuel has been pretty fricking constant lately.

I'm going to be one pissed off consumer if the price of crawfish never gets back down to 1.99 a pound because one freak season halted supply and people still paid a bunch of money for not much food.


Agree on all accounts
Posted by CITWTT
baton rouge
Member since Sep 2005
31765 posts
Posted on 2/25/14 at 8:52 am to
Lake Maurepas and Lake Verret are a reasonably short distance away from BR for those who are dealing with the price being so high.
Posted by notiger1997
Metairie
Member since May 2009
58123 posts
Posted on 2/25/14 at 8:54 am to
quote:

I'm going to be one pissed off consumer


Well, just go buy you some cheap arse asian shrimp or fake catfish if it's low priced seafood you need.

As has been discussed, crawfish are being sold live all over the country now. Texas and Missippis folks are in on the act.
It does suck, but there are alot of connasses doing well in La these days with oil and gas work. There are people in texas with fat wallets. They are going to pay what the market dictates.

The supply and demand situation isn't the same as it was even 5 years ago.
Posted by Gaston
Dirty Coast
Member since Aug 2008
38971 posts
Posted on 2/25/14 at 8:54 am to
We boiled a sack for two couples this weekend and they were awesome. Ended up being $50 a person, but we ate like kings.
This post was edited on 2/25/14 at 8:55 am
Posted by hungryone
river parishes
Member since Sep 2010
11987 posts
Posted on 2/25/14 at 8:56 am to
quote:

I'm so sick of this argument.

Okay, here's another one: popularity. Demand has skyrocketed. 25 years ago, crawfish were not on the menu in Alexandria, Shreveport, Monroe, or very many places in east TX. Today, you can find crawfish all over the Gulf Coast. Demand is astronomical compared to the "old days". Good for the crawfish farmer & fishermen who can command top dollar for their product.

The peeled, frozen crawfish market has also expanded exponentially--I can remember when you had to peel 'em yourself. No popping down to the store for a lb or two. The farmer/fisherman can sell to processors and get a better price than selling live, cheaply.

Why begrudge a higher price on a locally farmed/caught item? I'm happy that the market has expanded to the point where those folks can make a decent profit. I don't need to eat crawfish every day, so higher prices aren't causing me any harm.

Now if we could just get people to pay a decent price for good shrimp and to stop buying the farmed imported sh*t.
Posted by B&TCoonhound
Fighting in the Kumite
Member since Feb 2013
2004 posts
Posted on 2/25/14 at 8:58 am to
quote:

Lake Maurepas and Lake Verret are a reasonably short distance away from BR for those who are dealing with the price being so high


Nah, got to go to the spillway brah.
Posted by notiger1997
Metairie
Member since May 2009
58123 posts
Posted on 2/25/14 at 8:58 am to
Exactly.
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
66763 posts
Posted on 2/25/14 at 8:58 am to
quote:

I'm going to be one pissed off consumer if the price of crawfish never gets back down to 1.99 a pound because one freak season halted supply and people still paid a bunch of money for not much food.



Well you'll just have to be pissed. It'll take a hell of a bumper crop to surpass the demand. People have shown they will pay it.
Posted by Oenophile Brah
The Edge of Sanity
Member since Jan 2013
7540 posts
Posted on 2/25/14 at 9:00 am to
quote:

I'm so sick of this argument. Fuel prices are cheaper now than a few years ago when it was a 4.00 a gallon. In fact the price of fuel has been pretty fricking constant lately. I'm going to be one pissed off consumer if the price of crawfish never gets back down to 1.99 a pound because one freak season halted supply and people still paid a bunch of money for not much food.

True. I will be unhappy too.

I feel these "farmers" may be late to the game of price elasticity of demand. He's right in a sense, many people will continue to pay a premium for crawfish. Warranted or not.
Posted by lilwineman
Baton Rouge
Member since Dec 2008
1053 posts
Posted on 2/25/14 at 9:01 am to
The cold weather has caused a slow early run this season. The spillways are finally starting to really open up. My dad is it the compound crawfish bait business and it won't be too long before prices drop. They will take a decrease after mardi gras but not a huge jump for a little while.
Posted by JMnola
Member since Oct 2012
599 posts
Posted on 2/25/14 at 9:02 am to
I get supply and demand but not to that point of screwing the customer by inflating your margins.

Sure make your money but it's not fair for the consumer to $6-8 bucks a pound when good profits Ina normal season can be had for $3-4 bucks a pound. Yellowfin makes upper 5/6 figures I've seen his posts. That's a damn fine living at normal prices. Oh yah and he only has to bust his arse 7 months out the year.

I am scared corporate will get involved. If corporations start buying out all the supply, the end user is fricked because America has no problem screwing large companies with inflated margins. I work in b2b sales and it's insane how much some of our products cost for businesses when you look at the same product being sold to the public.


Posted by Oenophile Brah
The Edge of Sanity
Member since Jan 2013
7540 posts
Posted on 2/25/14 at 9:05 am to
quote:

not fair for the consumer to $6-8 bucks a pound when good profits Ina normal season can be had for $3-4 bucks a pound

Hold up, Obama.

Not a fan when people start deciding what's a good profit for someone else.

quote:

I am scared corporate will get involved

Now this could be a potential issue.
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