October 28, 2009
Federal Funding Available for NY Aquaculture Producers
Recovery Act Funds Provide $56,773 for Losses Due to High Feed Costs
New York State Agriculture Commissioner Patrick Hooker today announced the availability of federal funds for aquaculture producers that suffered losses associated with high feed costs during the 2008 calendar year. As part of the American Recovery and Reinvestment Act of 2009, New York has received $56,773 for the federal 2008 Aquaculture Grant Program.
Eligible producers must have raised an aquaculture species in a controlled environment as part of a farming operation in 2008 and must currently be raising the aquaculture species as the date of application. Further, they must have experienced at least a 25 percent increase in feed costs in 2008 over the previous five-year average and feed costs must also exceed 25 percent of their total operating costs in order to be eligible for the funds. Awarded grants will be based on a producerís total feed deliveries in 2008 by species.
Interested aquaculture producers must complete a grant application and submit it to the Department along with required documentation by November 6, 2009. Applications are available on the Departmentís website at http://www.agriculture.ny.gov.
For questions about the federal 2008 Aquaculture Grant Program, contact Larry Emminger at 518-457-5907 or email@example.com.
New York State has a diverse aquaculture industry in terms of species and systems. It is estimated that the industry generates nearly $20 million annually through the production and sale of aquaculture species raised in both the natural environment and in controlled environments. The predominant species cultivated in New York is trout, however New York is also a significant producer of baitfish, oysters, hard clams, large and smallmouth bass, bluegills and tilapia.
In 2008, New York trout producers sold a total of 327,000 fish, weighing 160,000 pounds and valued at $841,000. Both sales and production of farm-raised trout have steadily increased over the past five years, as well as for other New York raised aquaculture species.
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