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Stimulus has $50 million for fish food to aid aquaculture

Friday, June 12, 2009 | 2:51 p.m. CDT; updated 3:14 p.m. CDT, Friday, June 12, 2009

OSAGE BEACH — The U.S. plans to spend $50 million on fish food to help an aquaculture industry reeling from feed prices that nearly doubled last year.

The details are still being sorted out, but state agriculture departments are to distribute the money through grants based on the amount of feed used in 2007.

Missouri's share is $500,000, and the scent of money in the water has prompted state Agriculture Director Jon Hagler to tour two farms and promote the aid.

The feed assistance initially came from requests for help by fish farmers in Arkansas and the deep South. Producers there are facing increased international competition along with higher feed and electricity costs.

 


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