United States: As Louisiana reels from $140 million loss on massive crawfish shortage, governor declares disaster over ‘our way of life’

Published Mar 6, 2024

Tridge summary

Louisiana's crawfish industry is facing a crisis due to a combination of last year's drought, extreme heat, saltwater intrusion on the Mississippi River, and a hard winter freeze. These adverse conditions have led to a significant increase in crawfish prices, from $3-$5 per pound to $10-$12 per pound, and a potential loss of nearly $140 million for the industry. In response, Governor Jeff Landry has declared a disaster to secure federal aid for the industry, which typically contributes $500 million to the state's economy through the annual harvest of 175 to 200 million pounds of crawfish.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Last year’s drought, extreme heat, saltwater intrusion on the Mississippi River and a hard winter freeze in the Bayou State have devastated this year’s crawfish harvest and led to significant price hikes for those purchasing “mudbugs.” Landry says the shortage is not only affecting Louisiana’s economy but also “our way of life.” “All 365,000 crawfish acres in Louisiana have been affected by these conditions,” Landry said in a written statement Wednesday. “That is why I am issuing a disaster declaration. The crawfish industry needs all the support it can get right now.” Landry’s disaster declaration, which is the legal underpinning that assists in securing federal resources, comes shortly after a request from Louisiana’s congressional delegation seeking to unlock federal aid to help farmers back in their home state. During a typical year, Louisiana generates anywhere from 175 million to 200 million pounds of crawfish — contributing $500 million to the state’s economy annually, ...
Source: Fortune

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