Courtesy of NAA:
A recent publication by Drs. Carole Engle and Jonathan van Senten sheds new light on the economic burden of U.S. regulations on hybrid Striped Bass and Red Drum farmers.
The authors found that the regulatory costs were one of the greatest costs of production, at 22% of total costs on hybrid Striped Bass farms and 15% for Red Drum farms.
Previous papers examining U.S. baitfish and sportfish, salmonid, shellfish and ornamental farms have found similar results.
As this latest paper in a series of aquaculture regulatory surveys, the authors concluded that “Streamlining and simplifying regulatory monitoring and reporting requirements would reduce costs on U.S. aquaculture. Producing more of our seafood locally in the USA could replace product imported from countries with less rigorous standards, and enhance the sustainability of our food supply.”
To learn more about the critical issue, visit NAA’s Regulatory Impacts page.
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