Over view of Gulf of Mexico and South Atlantic Fisheries and Florida Commercial Aquaculture

Dr. Chuck Adams Marine Economics Specialist

Food and Resource Economics Dept Florida Sea Grant Program

University of Florida Gainesville, FL

Food and Resource Economics Outlook Webinar, 15 November 2012

Fisheries

US Fisheries Commercial Landings & Value, 2011

• US Landings (million lbs) and Value (million $) by Region … – New England 622 M lbs $ 1,109 M

– Middle Atl 208 $ 259

– Chesapeake 572 $ 268

– South Atl 124 (1%) $ 171 (3%)

– Gulf of Mexico 1,766 (18 %) $ 818 (15%)

– Pacific Coast 1,205 $ 802

– Alaska 5,353 $ 1,893

– Great Lakes 18 $ 17

– Hawaii 29 $ 92

TOTAL 9,897 $5,429

Trend in Gulf of Mexico Region Landings and Dockside Value

Year Landings (lbs whole weight)

Dockside Value (nominal $)

- - - Millions - - -

2002 2003 2004 2005 2006

2007 2008 2009 2010 2011

1,729 1,596 1,475 1,198 1,362

1,404 1,278 1,600 1,286 1,766

682 663 669 625 691

690 662 644 639 818

Trend in South Atlantic Region Landings and Dockside Value

Year Landings (lbs whole weight)

Dockside Value (nominal $)

- - - Millions - - -

2002 2003 2004 2005 2006

2007 2008 2009 2010 2011

216 197 199 124 115

105 117 113 119 124

171 156 159 131 140

152 166 147 166 171

Trend in Florida Landings and Dockside Value … by Coast

Year Florida West Coast Florida East Coast Florida Total

Landings Value Landings Value Landings Value

- - - Millions of lbs (whole weight) or nominal $’s - - -

2002 2003 2004 2005 2006

- - 2007 2008 2009 2010 2011

2011 %

82 79 84 73 71 - - 60 60 65 63 78

(72%)

144 141 148 138 145 - -

132 123 115 138 164

(73%)

22 23 29 23 27 - - 25 26 28 30 31

(28%)

34 33 40 35 42 - - 43 48 41 51 61

(27%)

115 114 127 96 98 - - 85 86 93 92

109

184 178 195 173 187 - -

175 171 156 189 225

Key Species Targeted by Florida’s Harvesting Sector, 2011

Species Pounds (whole weight) Dockside Value ($)

Finfish 57,412,601 85,593,426

Invertebrates 27,845,713 86,062,539

Shrimp 21,496,490 50,680,074

TOTAL 108,754,804 225,336,039

Shrimp (food species) 19,899,807 42,992,390

Spiny Lobster 5,476,315 36,212,671

Stone Crab 2,665,954 23,585,979

Groupers 6,924,039 19,800,270

Snappers 6,457,311 18,537,859

Blue Crab 10,092,971 11,996,518

Mullet 11,385,120 8,337,874

King Mackerel 4,175,240 8,170,015

Bait Shrimp 1,596,372 7,687,774

Oysters 2,663,406

7,433,553

Descriptors for the Gulf of Mexico and South Atlantic Region Marine Commercial

Seafood Activities

Thousands of commercial vessels and Full-time harvesters … In Florida alone… 11, 259 full-time harvesters 1,406 wholesale seafood dealers 4,380 retail seafood dealers Seafood processing / wholesaling plants: 455 (S Atlantic) … 391 (Gulf) … employing 15, 800 individuals (annual and seasonal) … Florida 308 plants … 3,910 employees Commercial Landings – 1.9 Billion pounds $989 Million dockside value Key species landed - Shrimp, Spiny Lobster, Red Snapper, Grouper, Oysters, Menhaden, Blue Crab, Stone Crab, Mullet, King Mackerel, Spanish Mackerel, Baitfish, …

0

2

4

6

8

10

12

1976 1979 1982 1985 1988 1991 1994 1997 2000 2003 2006 2009

Domestic landings Imports

Sources of Edible US Seafood Supply 1976 - 2009

Billion pounds, round weight

Since 1993… Landings - 26% Imports - 86%

Source: “Fisheries of the United States”, various years. NOAA / NMFS.

Descriptors for the Gulf of Mexico and South Atlantic Commercial Seafood

Activities (harvesting retail)

Economic Impact Estimates , 2009

Sales Incomes Value-Added Jobs

- - - million $ - - -

Gulf Region(includes FL) Only Domestic Harvest Imports Included

3,364

17,042

1,206 3,735

1,663 6,204

62,503

127,954

South Atlantic Only Domestic Harvest Imports Included

384

1,733

159 454

211 704

7,875

17,038

Descriptors for the Gulf of Mexico Marine Recreational Fishing Activities

Millions of recreational fishing vessels, thousands of boat ramps, marinas, private docks … and supporting businesses Number of Fish Harvested / Angler Trips during 2010: Gulf Region # Harvested # Trips Florida 58,644,000 24,152,000 Alabama 6,807,000 1,807,000 Louisiana 12,949,000 3,768,000 Mississippi 2,864,000 1,226,000 Texas 1,733,000 988,000 TOTAL 82,997,000 31,941,000 (56% of US) (45% of US)

South Atlantic Region Georgia 1,945,000 965,000 South Carolina 3,163,000 2,207,000 North Carolina 10,566,000 6,153,000 TOTAL 15,674 ,000 9,325,000 (11% of US) (13% of US)

Descriptors for the Gulf of Mexico Marine Recreational Fishing Activities

Total Expenditures by Recreational Anglers during 2009: Gulf Region (including FL): $8.8 Billion S Atlantic Region: $5.8 Billion

Economic Impacts Estimates, 2009

Sales Incomes Value-Added Jobs

- - - million $ - - -

Gulf Region 9,882 3,283 5,122 92,241

South Atlantic 5,356 1,816 2,866 51,315

Outlook Issues

• Decline of Florida oyster fishery

• Gulf Coast Seafood Coalition

• Mullet “supply” concerns

• Trade Adjustment Assistance Program

• Sustainability concept morphing

• Source of US seafood supply

• Traceability assurance programs

• Federal Management … more complex

Open Access Limited Access … Rational Management

• Most fisheries in G & S Atl managed under limited access (federal permit, restricted endorsements, permit moratoria, etc) to avoid over-capitalization, overfishing, etc

• Total Allowable Catch tightly controlled via stock assessment process (SEDAR) and amended regularly with uncertainty included … Annual Catch Limits increasingly strict

• Some fisheries adopted rational management concept (IFQ) … to

extend season, price support, remove effort derbies, etc • Revised Magnuson Stevens Act … end overfishing by 2011 … with

“catch shares” proposed for all

Quota Allocations for Reef Fish Fishery In

the Gulf of Mexico, 2012 (2013)

Commercial Gag Grouper Quota (hard) – 0.567 (0.708) million lbs

Commercial Red Grouper Quota (hard) - 5.37 (5.53) million lbs

Recreational Grouper Quota (soft) – 1.3 million lbs “ “ “

Commercial Red Snapper Quota (hard) – 4.121 (4.43) million lbs red snapper

Recreational Red Snapper Quota (soft) – 3.959 million lbs “ “

SOUTH ATLANTIC – Wreckfish (1992) … Proposed Golden Crab,

Grouper/Snapper

Aquaculture

Florida Aquaculture 2005

Item Operations With Sales

Net Sales ($)

Ornamental Fish 133 $33,232,000

Aquatic Plants 19 $17,560,000

Clams & Oysters 153 $10,694,000

Alligators 14 $4,070,000

Misc Food Fish 19 $1,731,000

Catfish 23 $1,434,000

Tilapia 18 $477,000

Live Rock 6 $341,000

All Sportfish 8 $191,000

All Other Aquatics N/A $5,245,000

TOTAL $74,975,000

Hard Clam Culture Attributes

• Low-level technology adaptable to local conditions

• Inexpensive start-up and operating costs encouraging small business development

• No natural or wild fishery on Florida’s west coast

• Ready market outlets in the Northeast U.S.

• Open-water farming

• Use of state-owned submerged land leases

• Subtidal cultivation

• Operating costs are low

• Food, oxygen, and water exchange pro-vided by environment

Florida Hard Clam Aquaculture

Photo courtesy of Carlton Ward, Jr., LINC Foundation

1-5

6-20

21-30

31-40

41-200

Certified Clam Farmers *

*FL Department of Agriculture and Consumer Services, 2010-11

Atlantic Ocean

Gulf of Mexico

Cedar Key area

Charlotte Harbor

Franklin County Indian River area

Production, 1987-2007

2.4 5.9 8.8

3843

99

134143 142

134

92

184

0

25

50

75

100

125

150

175

200

Nu

mb

er

of

Cla

ms (

mil

lio

ns)

1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007

FASS survey UF survey

Economic Impact Assessment Findings … 1999 & 2007

Economic Impact ($ million) * 1999 2007

Region 1 Economic Output Incomes Value-Added

24.0 6.5 8.8

44.9 23.0 28.8

Regions 2 & 3 (combined) Economic Output Incomes Value-Added

9.9 3.5 3.3

8.1 2.3 2.7

Total for Florida Economic Output Incomes Value-Added

33.9 9.0

12.1

53.0 25.3 31.5

* Dollar values are nominal, not adjusted for inflation

The Next Success Story for Molluscan Shellfish Culture in Florida … Sunray Venus Clams

Outlook Issues

• Sun Ray Venus clams

• Live Marine Baitfish

• Cost Reduction Strategies for established growers

• Careful assessment of market constraints and opportunities … particularly for prospective food fish/shellfish growers

• AQUACULTURE 2013, 21-25 Nashville, TN

Fisheries and Seafood

National Marine Fisheries Service: http://www.st.nmfs.noaa.gov/st1/ Gulf of Mexico Fishery Management Council: http://www.gulfcouncil.org/ Florida Fish and Wildlife Conservation Commission: http://myfwc.com/research/saltwater/fishstats/commercial-fisheries/ Gulf Coast Seafood Coalition : http://www.eatgulfseafood.com/ Gulf States Marine Fisheries Commission : http://www.gsmfc.org/ FL Bureau of Seafood Marketing: http://www.florida-agriculture.com/seafood/

Aquaculture

UF Tropical Aquaculture Lab: http://tal.ifas.ufl.edu/ UF Indian River Research and Education Center: http://irrec.ifas.ufl.edu/ Harbor Branch Oceanographic Institute: http://www.fau.edu/hboi/ Mote Marine Lab Aquaculture Park : www.mote.org/aquaculture/ FL Division of Aquaculture : http://www.floridaaquaculture.com/ Southern Regional Aquaculture Center : http://srac.msstate.edu/

General Information

Florida Sea Grant : http://www.flseagrant.org/

QUESTIONS?

Chuck Adams cmadams@ufl.edu

352-294-7667 PO Box 110240

University of Florida Gainesville, FL 32611