Commercial Fishing Industry
Mississippi Commercial Fishing Industry
Commercial Fishing corresponds to Finfish Fishing Shellfish Fishing in the North American Industrial Classification System (NAICS). Finfish fishing comprises establishments primarily engaged in the commercial catching or taking of finfish (e.g., menhaden, redfish, snapper, seatrout, flounder, mullet, sheepshead) from their natural habitat. Shellfish fishing comprises establishments primarily engaged in the commercial catching or taking of shellfish (e.g., blue crab, oyster, shrimp) from their natural habitat.
The annual Mississippi commercial landings of all species combined (in pounds), and landing values (in dollars) since 1950 are shown in the chart below. Recent natural and technological disasters (e.g., Hurricane Katrina in 2005 and the Deepwater Horizon oil spill in 2010) adversely affected annual commercial landings and dockside values. Annual commercial landings averaged 250 million pounds during the last decade valued at 37 million dollars.
Mississippi commercial landings contributed five percent of the total domestic U.S. landings from 2009 to 2018. In dockside values, Mississippi added 11 percent to U.S. commercial landing values during the past decade.
The average labor productivity of commercial fishing was measured by dividing the annual commercial landings and dockside values by yearly employment. The employment data consisted of all workers and owners of the commercial fishing units in Mississippi estimated by the Economic Modeling Specialists (EMSI). The average fisherman productivity during the past decade amounted to 210,000 pounds per fisherman, which was valued at 31,000 dollars per fisherman.
Output or sales is the gross sales by businesses within the economic region affected by an activity. The total economic contributions are the sum of direct, indirect, and induced contributions. The economic contributions of the Mississippi commercial fishing industry are shown in the figure below. Significant reductions in economic impacts are associated with Hurricane Katrina in 2005 and the Gulf-wide oil spill in 2010. The annual sales contribution of the commercial fishing industry averaged $61 million during the past decade.
Employment or job contributions are expressed in terms of a mix of both full-time and part-time jobs. The total economic contributions are the sum of direct, indirect, and induced contributions. The industry created more than 1,200 full-time and part-time jobs per year in the same period.
LAPLACE, La. -- Heavy rainfall and snowmelt from the Midwest in 2019 led to three major firsts in the Bonnet Carré Spillway’s history, resulting in a massive influx of fresh water that caused adverse effects on marine life and seafood industries across the Mississippi Gulf Coast.
While the U.S. Army Corps of Engineers is closing the Bonnet Carré Spillway this week, economic impacts of its months-long opening are expected to be felt in the seafood industry for years to come.
ELLISVILLE, Miss. -- Mississippi State University representatives met with agricultural clients in Ellisville recently to discuss research and education needs for 2018. More than 115 individuals attended this year's event.
BILOXI, Miss. -- Mississippi State University researchers and Extension Service agents heard suggestions from Coastal area agricultural producers and industry leaders about the research and education they need from the university in 2017.
The MSU Coastal Research and Extension Center Producer Advisory Council meeting was held on Feb. 28 in Biloxi. The annual meeting helps the university allocate time and resources to the most important issues facing Mississippi's agricultural producers and related industries.
BILOXI, Miss. -- Wild-caught shrimp contribute millions of dollars to Mississippi’s economy each year, and experts say better flavor gives them a competitive advantage over imported and pond-raised shrimp.
Dave Burrage, Mississippi State University Extension Service fisheries specialist, said consumers who participate in blind taste tests tend to prefer the taste of wild-caught Gulf shrimp over that of pond-raised, imported products.