CHANGES IN CRAWFISH PRODUCTION COSTS AND CURRENT PRODUCTION PRACTICES USED

Louisiana State University Agricultural Center cost estimates for single-crop crawfish production costs are analyzed for the period, 1991-2010, to determine changes in the cost components of Louisiana crawfish production. Fuel costs have contributed the most and fixed expenses the least to increased production costs, with total expenses per acre increasing by an average of 3.8% per year if land is not included and by 3.6% per year if land is included. Crawfish prices have varied greatly over the period, ranging from $0.50/lb in 1993 to $1.75/lb in 2000. Production practices used by Louisiana crawfish producers are highly variable, creating challenges for estimating representative production cost estimates.