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Economic Conditions and Future Market Opportunities for Aquaculture in the Northcentral U.S.

Duration:
-

Description

This is the first funded project in Economics and Marketing.  It is chaired by Don Floyd.

Objectives

1. Identify existing and needed economic data; develop statistical reporting methods; design an information management system and prototype annual situation/outlook report on the North Central Region aquaculture industry; begin collecting and compiling a regional database; and prepare the initial situation/outlook report.

2. Develop and implement an extension program designed to educate current and potential aquaculture producers on the need to provide accurate economic information on their operations.

3. Investigate the economic feasibility for species currently being produced in the North Central Region and other species that offer commercial potential.

4. Identify existing policy impediments and incentives for expanded aquaculture development in each participating state within the North Central Region.

          a. Identify and analyze policies and regulations and/or regulations that pertain to aquaculture, including financing, production, transport, sale and food safety.

          b. Identify other federal and state laws, rules and/or regulations that pertain to aquaculture, including financing, production, transport, sale and food safety.

Participants:

Principal Investigators/Institution Objective(s) Funding
Jeffrey E. Hanson (Michigan State University) 1 & 3 $17,850
David J. Landkamer (University of Minnesota)    2 $  7,700
Donald W. Floyd/Judith A. Maxwell (Ohio State University) 1, 3 & 4a $62,162
Robert L. Vertrees (Ohio State University)    4b $32,476
Leroy J. Hushak/Mary E. Gerlow (Ohio State University)    1 & 3 $24,000
Bruce J. Sherrick (University of Illinois)    1 & 3 $17,500
 

Total

$161,688

Project Outline (157K pdf file)

Termination Report (pdf file)

Author: Donald W. Floyd
Project Number: 1

Award Amount

$161688.00

Award Number

88-38500-3885 ($127,338), 89-38500-4319 ($34,350)