The USDA recently released the results of its 2018 Census of Aquaculture and the data is promising for the growing industry. The survey was performed to expand on data the USDA collected in 2017 and to provide a more comprehensive view of the aquaculture sector in the US.
Sales of aquaculture products during the year totaled $1.5 billion, marking a 10.5% increase over the five prior years. The number of aquaculture firms, however, decreased 5% during that same timeframe, totaling only 2,932. Slightly over half of aquaculture sales are concentrated in five states: Mississippi, Washington, Louisiana, Virginia, and California. Aquaculture farms averaged $516,944 in sales, with Mississippi leading the nation in 2018 with $216 million in total sales…
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