Agriculture
Crawfish farmers throwing punches
Sales ban will lower supply, may raises $$$
Posted March 12th, 2008 by Ken Grissom
Derek Albert
The Louisiana Crawfish Farmers’ Association (LCFA) have acted against alleged price fixing in the industry by simply using the simple supply-and-demand principle.
Last Monday, LCFA board members met with crawfish buyers on the west side of the state. LCFA Director Steve Menvielle said the buyers believed the supply of crawfish on the market was too excessive. Both sides agreed that suspending sales of crawfish for one or two days a week could ameliorate the low prices the farmers have been receiving.