IncSmart Mississippi (Small Business and Startups) -
Catfish sales to Mississippi restaurants is way down. The prices have stayed relatively stable but the consumption is down because of the Wuhan Virus. The price of catfish is running about $1 per pound. Over $200 million dollars is generated by Mississippi from these farms. Mississippi also leads the country in catfish production and numbers 4000 pounds of catfish per acre of ponds.
The catfish inventory is starting to build up on catfish farms. The farms are spending more money keeping the fish maintained and fed. The biggest problem with catfish sales is that they have been packaged for restaurants and the cost of repacking for retail grocery stores are cost prohibitive, even though the demand from grocery stores is growing. The longer the fish remains in the pound, and is allowed to grow, the smaller the demand from consumers.
By IncSmart Staff Writer
Starting a Business in Mississippi
For 10 years, IncSmart.biz Business Services has helped companies and people from all over the world form Mississippi Corporations and Mississippi Limited Liability Companies. When you call, email, text, message or live chat with our office, expect personal attention. Small business is the heart of IncSmart.
We are very excited about helping you form your new company. Each state is so different when it comes to filing documents, you will know right away you are in the right place. Think Smart. Think IncSmart.
Think Smart. Think IncSmart.