By
Associated Press
.
Published: Mon, April 28, 2008 - 6:35 am
Last Updated: Mon, April 28, 2008 - 6:39 am
BIRMINGHAM, Ala. (AP) - Some Alabama catfish farmers are gettingout of the business as soaring commodities prices make it tough to
profit anymore.
Catfish feed that was selling for $250 a ton has shot up to
nearly $410 a ton because of the rising cost of its primary
ingredients -- soybeans and corn. The increased prices mean farmers
who were getting 57 cents a pound for fish will have to pay between
72 and 74 cents to raise a pound of fish.
Though catfish processors have agreed to pay the farmers 70
cents a pound, some farmers like Ken Owens of Aliceville say it's
still not enough. Owens is emptying his 75 acres of ponds after 13
years in the business.
Alabama is the nation's second biggest catfish producer after
Mississippi. Most of the state's 25,000 acres of catfish ponds are
in the Black Belt region.
---
Information from: The Birmingham News
(Copyright 2008 by The Associated Press. All Rights Reserved.)
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