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Posted on 1/9/24 at 1:09 am to Classy Doge
Well, looks like I won't be having many this year
Posted on 1/9/24 at 1:16 am to StTiger
I never miss a chance to rail on coonasses, and I’m sure there’s a few that are gonna rip someone off if they can. But last years drought was unprecedented.
Posted on 1/9/24 at 1:22 am to Obtuse1
People who take out their angst out on crawfish farmers because they perceive that the crawfish they buy are too expensive should look closely at those they buy their crawfish from. The middle men and retailers mark up every pound that goes through their hands and make the same profit whether crawfish is selling at $1/lb or $5/lb. Farmers do not have that luxury and have far more expenses to cut into profit than any other part of the supply chain.
Anybody who has a lick of sense can look at SWLA92's numbers as an example and see that this year will be a trying season and may bring some crawfish operations into the red.
Let's break down his numbers so people understand.
Last season:
20,000 lbs (average) x $3.00=$60,000 (it was much more than this because price started dropping from $5.00 last season just before Christmas and overall/early catch poundage was higher than average.)
This season:
3,000 lbs x $8.00=$24,000 (it's much less than this amount because price slowly rose and only as of this week got to $8.00/lb.)
$60k-$24k=$36k less revenue this season so far.
Even though those numbers are both off a good bit in opposite directions, it still represents a 60% decrease in revenue for SWLA92's operation year over year at this point in the season. It's probably more like a 70-75% decrease if we get the true price averages calculated into the equations. Moreso we are not even taking into consideration the record amount of expenses pumping to flood up with inflated fuel and electricity costs due to the historically dry conditions. And even more profit reductions if you factor rising bait prices, labor costs, equipment repair and other necessary expenses that no consumers ever care to consider.
But yes, by all means frick the greedy crawfish farmers. They who provide the vast majority of the annual harvest and provide a commodity that actually keeps the price lower than if only wild caught crawfish were available on the market. I don't know how people cannot grasp the concepts of simple economics and understand that they would not be able to afford crawfish or even have much to eat if not for the aquaculture industry in this state.
Anybody who has a lick of sense can look at SWLA92's numbers as an example and see that this year will be a trying season and may bring some crawfish operations into the red.
Let's break down his numbers so people understand.
Last season:
20,000 lbs (average) x $3.00=$60,000 (it was much more than this because price started dropping from $5.00 last season just before Christmas and overall/early catch poundage was higher than average.)
This season:
3,000 lbs x $8.00=$24,000 (it's much less than this amount because price slowly rose and only as of this week got to $8.00/lb.)
$60k-$24k=$36k less revenue this season so far.
Even though those numbers are both off a good bit in opposite directions, it still represents a 60% decrease in revenue for SWLA92's operation year over year at this point in the season. It's probably more like a 70-75% decrease if we get the true price averages calculated into the equations. Moreso we are not even taking into consideration the record amount of expenses pumping to flood up with inflated fuel and electricity costs due to the historically dry conditions. And even more profit reductions if you factor rising bait prices, labor costs, equipment repair and other necessary expenses that no consumers ever care to consider.
But yes, by all means frick the greedy crawfish farmers. They who provide the vast majority of the annual harvest and provide a commodity that actually keeps the price lower than if only wild caught crawfish were available on the market. I don't know how people cannot grasp the concepts of simple economics and understand that they would not be able to afford crawfish or even have much to eat if not for the aquaculture industry in this state.
This post was edited on 1/9/24 at 1:45 am
Posted on 1/9/24 at 1:27 am to Classy Doge
Spot on analysis, what you just explained is the reason I’m up at 1:25am, a lot of restless nights for alot of farmers the next few months wondering how we going to make this all work out haha.
Posted on 1/9/24 at 1:28 am to Saunson69
quote:
Your bait supplier also buys your crawfish from you? Sounds kinda weird I guess
Not weird at all. Many buyers in my area sell bait as a way to increase their cashflow and profit margins.
They already have big refrigeration units to keep live crawfish and freezers for bait. They operate like crawfish middle men and buy bait at a price, mark it up and sell it to their fishermen at a mark up. They make just as good of margin selling bait as they do crawfish at the farmer's expense. But unless you're in the industry and have to pay bait costs to operate, nobody gives a shite about it.
This post was edited on 1/9/24 at 1:28 am
Posted on 1/9/24 at 1:34 am to SWLA92
quote:
Spot on analysis, what you just explained is the reason I’m up at 1:25am, a lot of restless nights for alot of farmers the next few months wondering how we going to make this all work out haha.
Same here. I haven't even set out my cages yet. The numbers just don't work right now to justify it for my small operation.
Otherwise I'd have been in bed a long time ago to wake up at 3 am and get ready to raise traps lol.
This post was edited on 1/9/24 at 1:35 am
Posted on 1/9/24 at 1:36 am to TDsngumbo
quote:
Gonna be a fried shrimp kind of Lent then. frick those crawfish farmers.
Shrimp is dirt cheap.
I found a local store selling the Wild Caught Gulf shrimp for 2.50 a bag for 150 and up.
I know small shrimp, but it good for a gumbo or spaghetti.
Posted on 1/9/24 at 1:53 am to Tarps99
quote:
Shrimp is dirt cheap.
I found a local store selling the Wild Caught Gulf shrimp for 2.50 a bag
Yeah and that's after at least a couple of markups since it all left the boats.
Just think about what the shrimpers got paid. Between the cutthroat prices and market flooded with even cheaper imported shrimp, they are struggling as an industry as well.
Posted on 1/9/24 at 2:19 am to Classy Doge
I know it’s bad.
As much as I am from Cajun country, I hated to peel shrimp at least these are peeled.
As much as I am from Cajun country, I hated to peel shrimp at least these are peeled.
This post was edited on 1/9/24 at 2:21 am
Posted on 1/9/24 at 5:47 am to Classy Doge
We have a family friend with a decent size crawfish setup.
With no water his ditches had salt water in them. He had to revive a 100 year old well setup to be able to pump something.
I believe he said he lost half of what he can conceivably pull out of for this season.
Pretty stressed out about it. Been farming his whole life in some way or another.
With no water his ditches had salt water in them. He had to revive a 100 year old well setup to be able to pump something.
I believe he said he lost half of what he can conceivably pull out of for this season.
Pretty stressed out about it. Been farming his whole life in some way or another.
Posted on 1/9/24 at 5:49 am to Classy Doge
I was talking to a farmer in Oberlin and he said the government is now making them pay their Mexican help $14.50 an hour. This is an increase from last year. After crawfish season, the Mexicans go back to Mexico as rich as Escobar.
Posted on 1/9/24 at 6:04 am to fr33manator
quote:
Well, looks like I won't be having many this year
Same here. But I can tell you who will not miss a beat eating….
Those paying with food stamps!
A few years back I had a group of employees around Thanksgiving talking about going pick up crawfish. I’m thinking to myself, I know what I pay you, how in the hell are y’all getting crawfish. Finally I ask and all in unison they respond, FOOD STAMPS.
Yes I’m jealous. Just like this year when price is high I do without. Well those with a government card needed to help them meet essential household needs don’t shy away from buying anything with free money. ??
Posted on 1/9/24 at 6:38 am to Geaux1
quote:
they respond, FOOD STAMPS.
EBT stackkked.
Taxpayers frickkked.
This post was edited on 1/9/24 at 6:40 am
Posted on 1/9/24 at 6:57 am to ZIGG
quote:
ZIGG
Bravo.
Perfect summation
Posted on 1/9/24 at 7:12 am to jizzle6609
quote:
Perfect summation
quote:
News flash crawfish is a very weather dependent commodity. We can’t make crawfish plentiful if they don’t survive the weather. Just educate y'all selves before spewing non facts
Posted on 1/9/24 at 7:16 am to Geaux1
quote:
A few years back I had a group of employees around Thanksgiving talking about going pick up crawfish. I’m thinking to myself, I know what I pay you, how in the hell are y’all getting crawfish. Finally I ask and all in unison they respond, FOOD STAMPS.
Hold up. Read that again... what exactly are you admitting here? The EBT, or wages?
Posted on 1/9/24 at 7:19 am to Sao
Sadly he’s right about food stamps. In a normal year when crawfish are plentiful sales decrease towards the end of the year and pick up at the beginning of the month. The only logic behind that is peoples food stamps for the month run low.
Posted on 1/9/24 at 7:23 am to SWLA92
I mean, ok. But it can't be both ways. The whole living wage argument vs public assistance. If you're an employer paying below the minimum, you're essentially part of the problem. Right?
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