Marketing

Unlike animal and row crop agriculture, aquaculture growers find themselves competing in the marketplace with wild-caught seafood products. Salmon and catfish are two examples of aquaculture products whose supply has grown to surpass that of the wild catch. Market channels reflect the local nature of seafood product availability and historically have tended to involve small-scale jobbers that fulfilled wholesaling and transportation functions. In more recent years, major seafood distributors have consolidated and supply chains have become more globalized as major buyers source seafood products from around the world. In retail markets, seafood marketing margins typically are high (25 35%), reflecting a premium for risk of spoilage and the luxury nature of most seafood in the United States.

Trade in aquaculture products has acquired an important international focus. Shrimp is a global commodity, with over $8.4 billion traded internationally each year. More than 27% of the shrimp traded internationally is from aquaculture. Moreover, trade disputes related to

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