How can US oyster growers increase their profits?

Published 2022년 4월 16일

Tridge summary

Researchers at UF/IFAS have found that Florida oyster farmers could increase profits by adopting sales strategies used in other regions. The study discovered that Gulf oysters are priced lower and have fewer attributes advertised, leaving potential for increased value. Oyster consumers prefer farm-raised oysters and value various attributes such as flavor, production location, and smell. The researchers suggest that by extending the season and being a consistent supplier, Gulf farmers could tap into the opportunity of meeting demand during off-season periods from other regions. The project was funded by UF/IFAS SEEDIT and also looked into new genetics and recommendations to combat mortalities during production.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

UF/IFAS researchers conducted a market analysis to help Florida oyster farmers identify systematic differences that can help increase profits. When traveling the country, professor Frank Asche noticed that restaurants used a wide variety of sales strategies to sell their oysters. The prices were different, too. “We had strong indications that Gulf oysters are priced lower than oysters from other regions and are sold with less diversity,” said Asche. “Our Gulf producers appears to be leaving money on the table.” By investigating restaurant menus as well as conducting a series of interviews with oyster buyers including wholesalers and restaurant owners, the research team found that Gulf oysters are priced lower than oysters in any other region and have fewer attributes that are often advertised to enhance oyster value. Gulf oyster farmers are doing less of what growers in other regions do to increase the value of their product. Oysters’ wide variety of attributes hold value. These ...

Source: Thefishsite