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Someone give me background on how Crawfish prices work.

Posted on 3/18/15 at 5:50 pm
Posted by Scoop
RIP Scoop
Member since Sep 2005
44583 posts
Posted on 3/18/15 at 5:50 pm
I live in NW La and have eaten crawfish most of my life. I well remember $1.10 a pound cooked even up here.

I get that gas prices the last several years along with demand skyrocketing as crawfish moved beyond being a regional thing making them more expensive.

I thought this season was going to be at least one season that we got a break but it's been the worst year ever. Called for the first time a month ago and I may be wrong but I swear it was $6.50. Called two weeks ago and it was $5.99. Last week there was a thread here that prices had collapsed but when I called this past weekend, $5.79. I thought my closest spot was being a dick so I called a random place in Shreveport and they were $5.50.

I've been jonesing for a month now but I refuse to buy at this price since it seems like the normal excuses are not in play this year. It's a matter of principle. It's like the parties involved have gotten used to the higher price and they are just testing the boundaries to find the tolerance point. I'd like to tell everyone to stop buying at $5 or $6 a pound because that is where this will settle if they get away with it this year. Hell, if gas goes back up it will be $7 next season.

What factors are in play. I'm really curious.
Posted by JumpingTheShark
America
Member since Nov 2012
22889 posts
Posted on 3/18/15 at 5:51 pm to
Like the market, they go up in the long run, always.
Posted by TigerMyth36
River Ridge
Member since Nov 2005
39728 posts
Posted on 3/18/15 at 5:52 pm to
Demand.

No doubt someone is making more money. Cost is down. All of the weather was within good crop conditions.

But...

People are paying high prices so they will keep them up until the supply starts to exceed demand.
Posted by southernelite
Dallas
Member since Sep 2009
53151 posts
Posted on 3/18/15 at 5:52 pm to
Rabble rabble, warm too early and soft shells, rabble rabble
Posted by Croacka
Denham Springs
Member since Dec 2008
61441 posts
Posted on 3/18/15 at 5:52 pm to
More demand

A lot of them go out of state now


There's some truth to the price fixing too
Posted by DawgCountry
Great State of GA
Member since Sep 2012
30541 posts
Posted on 3/18/15 at 5:53 pm to
Supply and Demand bro
Posted by Srbtiger06
Member since Apr 2006
28255 posts
Posted on 3/18/15 at 5:53 pm to
quote:

I'd like to tell everyone to stop buying at $5 or $6 a pound because that is where this will settle if they get away with it this year. Hell, if gas goes back up it will be $7 next season.


I live in the same area and prices are absurd. I know lots of people that aren't going right now. I love crawfish but jesus christ $5+ a pound is ridiculous.
Posted by TigerintheNO
New Orleans
Member since Jan 2004
41159 posts
Posted on 3/18/15 at 5:53 pm to
quote:

What factors are in play. I'm really curious.


Lent, prices will drop after Easter.
&
Weather
Posted by Festus
With Skillet
Member since Nov 2009
84986 posts
Posted on 3/18/15 at 5:54 pm to
I've been wondering the same thing. Reports all over that this year, all the variables were perfect, and will be the best crop in many years. Yet, price is at the highest it's ever been this late in the season. Even in bad years, price was MUCH lower than it is now, down closer to $3.00/pound cooked.

Bottom line, no matter what, they are gonna charge what people are willing to pay. If they have abundance leftover, they'll throw them away before they start reducing prices again. My opinion.
Posted by notiger1997
Metairie
Member since May 2009
58107 posts
Posted on 3/18/15 at 5:56 pm to
It's still early. They aren't even catching spillway crawfish yet.
Posted by NewIberiaHaircut
Lafayette
Member since May 2013
11541 posts
Posted on 3/18/15 at 5:56 pm to
Too much rain - prices go up
Too little rain - prices go up
weather too cold - prices go up
weather too hot - prices go up
farmer's dog dies - prices go up
Posted by stlslick
St.Louis,Mo
Member since Nov 2012
14054 posts
Posted on 3/18/15 at 5:57 pm to
weather and the demand

Fish/Seafood is a crazy market. All it takes is one area to lose a season, and the other areas shove the price up the consumers arse. Even with no shortages.

When i get the price list every week, i literally laugh at how the East coast shoves it up everyones arse, when they can.
Posted by bigberg2000
houston, from chalmette
Member since Sep 2005
70023 posts
Posted on 3/18/15 at 5:58 pm to
All I know is every place here in Houston now has crawfish. I am sure its popularity across the south has greatly affected the price and will continue to do so.
Posted by Scoop
RIP Scoop
Member since Sep 2005
44583 posts
Posted on 3/18/15 at 5:59 pm to
Are the farmers cutting supply and leaving them in the ponds and traps when the prices go down?

I basically just want to know who the a-hole is.

I was hoping we go under $4 this season cooked in NW La.
This post was edited on 3/18/15 at 6:01 pm
Posted by Spankum
Miss-sippi
Member since Jan 2007
55979 posts
Posted on 3/18/15 at 6:05 pm to
fact is, we are looking at a free-market economy and basically, they will be sold at the highest price that people are willing to pay...

I love crawfish, but I realized that I could have a steak for less money...haven't eaten them since...
Posted by Neako27blitzz
Baton rouge
Member since Sep 2011
3182 posts
Posted on 3/18/15 at 6:09 pm to
$10 for a heaping plate with all the good fixins at freds is the only language I speak as of right now. Walk Ons was twice that much with two potatoes and a corn.
Posted by Scoop
RIP Scoop
Member since Sep 2005
44583 posts
Posted on 3/18/15 at 6:12 pm to
That's my thing. I almost broke Saturday but in the end, I'm not gonna pay $70 for 10 pounds and fixings. This is the latest in the season I can remember not having had crawfish, but my pride won't let me because it all seems like frickery.

Droughts and $4/gal gas pushed it to $4.50 a couple of years ago. I'll be damned if my pride will let me buy at $6/lb when supposedly the crawfish are crawling all over each other and gas is next to nothing.

Some a-hole in Seattle will have to pay $10/lb for my crawfish because he doesn't know any better.
Posted by Festus
With Skillet
Member since Nov 2009
84986 posts
Posted on 3/18/15 at 6:12 pm to
No doubt, berg. Now, Texas is willing to buy up every bit of crawfish produced here, and pay a premium. The industry itself couldn't care less about the La. consumer now, period. Funny, how hurt they were about people buying Chinese though.
Posted by animalcracker
Member since Oct 2010
1930 posts
Posted on 3/18/15 at 6:14 pm to
quote:

prices go up
I blame houston. I always see trucks heading west towards texas they'll pay any price for them.
Posted by theoldwiseone33
University of Louisiana
Member since May 2012
492 posts
Posted on 3/18/15 at 6:14 pm to
Something people forget is all the new regulations the gubment has put on the farmers in regards to hiring Mexicans. 6 years ago they were cheap and didn't matter where you housed them. Now there are more regulations for their working conditions than McDonald's. Farmers are having to pass along the extra costs to middle men and so on.
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