Clam aquaculture profitability under changing environmental risks

References

• Abolofia, J., Asche, F., & Wilen, J. E. (2017). The cost of lice: Quantifying the impacts of parasitic sea lice on farmed salmon. Marine Resource Economics, 32(3), 329–349. https://doi.org/10.1086/691981
   Web of Science ®Google Scholar
• Adams, C., & Sturmer, L. (2004). Preliminary financial feasibility analysis for a two-acre hard clam culture farm in the Southwest Florida area. Florida Sea Grant.
   Google Scholar
• Adams, C. M., Shumway, S. E., Whitlatch, R. B., & Getchis, T. (2011). Biofouling in marine molluscan shellfish aquaculture: A survey assessing the business and economic implications of mitigation. Journal of the World Aquaculture Society, 42(2), 242–252. https://doi.org/10.1111/j.1749-7345.2011.00460.x
   Web of Science ®Google Scholar
• Adams, C. M., & Van Blokland, P. (1998). Economic and financial considerations regarding the small-scale commercial culture of hard clams in Florida. Journal of Applied Aquaculture, 8(1), 19–37. https://doi.org/10.1300/J028v08n01_02
   Google Scholar
• Asche, F., Cojocaru, A. L., & Sikveland, M. (2018). Market shocks in salmon aquaculture: The impact of the Chilean disease crisis. Journal of Agricultural and Applied Economics, 50(2), 255–269. https://doi.org/10.1017/aae.2017.33
   Web of Science ®Google Scholar
• Asche, F., Dahl, R. E., & Steen, M. (2015). Price volatility in seafood markets: Farmed vs. wild fish. Aquaculture Economics & Management, 19(3), 316–335.
   Web of Science ®Google Scholar
• Asche, F., Misund, B., & Oglend, A. (2019). The case and cause of salmon price volatility. Marine Resource Economics, 34(1), 23–38. https://doi.org/10.1086/701195
   Web of Science ®Google Scholar
• Avdelas, L., Avdic-Mravlje, E., Borges Marques, A. C., Cano, S., Capelle, J. J., Carvalho, N., Cozzolino, M., Dennis, J., Ellis, T., Fernández Polanco, J. M., Guillen, J., Lasner, T., Le Bihan, V., Llorente, I., Mol, A., Nicheva, S., Nielsen, R., van Oostenbrugge, H., Villasante, S., … Asche, F. (2021). The decline of mussel aquaculture in the European Union: causes, economic impacts and opportunities. Reviews in Aquaculture, 13(1), 91–118. https://doi.org/10.1111/raq.12465
   Web of Science ®Google Scholar
• Bae, H., Im, J., Joo, S., Cho, B., & Kim, T. (2021). The effects of temperature and salinity stressors on the survival, condition, and valve closure of the Manila Clam, Venerupis philippinarum in a holding facility. Journal of Marine Science and Engineering, 9(7), 754.
   Web of Science ®Google Scholar
• Baker, S., Hoover, E., & Sturmer, L. (2007). The role of salinity in hard clam aquaculture. EDIS, 2007(3). https://doi.org/10.32473/edis-fa128-2007
   Google Scholar
• Baker, S. M., Baker, P., Heuberger, D., & Sturmer, L. (2005). Short-term effects of rapid salinity reduction on seed clams (Mercenaria mercenaria). Journal of Shellfish Research, 24(1), 29–33.
   Web of Science ®Google Scholar
• Beal, B. F., & Gayle Kraus, M. (2002). Interactive effects of initial size, stocking density, and type of predator deterrent netting on survival and growth of cultured juveniles of the soft-shell clam, Mya arenaria L., in eastern Maine. Aquaculture, 208(1), 81–111. https://doi.org/10.1016/S0044-8486(01)00900-0
   Web of Science ®Google Scholar
• Beal, B. F., Parker, M. R., & Vencile, K. W. (2001). Seasonal effects of intraspecific density and predator exclusion along a shore-level gradient on survival and growth of juveniles of the soft-shell clam, Mya arenaria L., in Maine, USA. Journal of Experimental Marine Biology and Ecology, 264(2), 133–169. https://doi.org/10.1016/S0022-0981(01)00320-3
   Web of Science ®Google Scholar
• Bloznelis, D. (2018). Hedging salmon price risk. Aquaculture Economics & Management, 22(2), 168–191.
   Web of Science ®Google Scholar
• Botta, R., Court, C. D., Ropicki, A., & Camp, E. V. (2021). Evaluating the regional economic contributions of US aquaculture: Case study of Florida’s shellfish aquaculture industry. Aquaculture Economics & Management, 25(2), 223–244.
   Web of Science ®Google Scholar
• Brand, L. E., & Compton, A. (2007). Long-term increase in Karenia brevis abundance along the Southwest Florida Coast. Harmful Algae, 6(2), 232–252. https://doi.org/10.1016/j.hal.2006.08.005
   PubMed Web of Science ®Google Scholar
• Chen, J. Q., Haws, M. C., Fong, Q. S. W., & Leung, P. (2017). Economic feasibility of producing oysters using a small-scale Hawaiian fishpond model. Aquaculture Reports, 5, 41–51. https://doi.org/10.1016/j.aqrep.2016.12.001
   Web of Science ®Google Scholar
• Clark, J. L., Weldon, R. N., Adams, C. M., & Wirth, F. F. (2010). Risk assessment of a shrimp aquaculture investment in Florida. Aquaculture Economics & Management, 14(4), 332–357.
   Google Scholar
• Dahl, R. E., & Oglend, A. (2014). Fish price volatility. Marine Resource Economics, 29(4), 305–322. https://doi.org/10.1086/678925
   Web of Science ®Google Scholar
• Dame, R., Sturmer, L., Adams, C., Weldon, R., & Grogan, K. A. (2019). Financial risk in off-bottom oyster culture along Florida’s West Coast. EDIS, 2019(5), 10–10. https://doi.org/10.32473/edis-fe1070-2020
   Google Scholar
• Errera, R. M., Yvon-Lewis, S., Kessler, J. D., & Campbell, L. (2014). Responses of the dinoflagellate Karenia brevis to climate change: pCO2 and sea surface temperatures. Harmful Algae, 37, 110–116.
   Web of Science ®Google Scholar
• Fernandez, E., Lin, J., & Scarpa, J. (1999). Culture of Mercenaria (Linnaeus): Effects of density, predator exclusion device, and bag inversion. Journal of Shellfish Research, 18(1), 77–83.
   Web of Science ®Google Scholar
• Fitridge, I., Dempster, T., Guenther, J., & de Nys, R. (2012). The impact and control of biofouling in marine aquaculture: a review. Biofouling, 28(7), 649–669. https://doi.org/10.1080/08927014.2012.700478
   PubMed Web of Science ®Google Scholar
• Florida Shellfish Aquaculture Extension. (2007). What’s in the Clam Bag? http://shellfish.ifas.ufl.edu/clambag/home.php.
   Google Scholar
• Florida Shellfish Aquaculture Extension. (2021). Shellfish crop insurance program. https://shellfish.ifas.ufl.edu/news/shellfish-crop-insurance-program/.
   Google Scholar
• FWC. (2022). Over 100 years of red tides off Florida’s West Coast. https://myfwc.com/media/21885/bloom-historic-database.pdf.
   Google Scholar
• Garlock, T., Asche, F., Anderson, J., Bjørndal, T., Kumar, G., Lorenzen, K., Ropicki, A., Smith, M. D., & Tveterås, R. (2020). A global blue revolution: Aquaculture growth across regions, species, and countries. Reviews in Fisheries Science & Aquaculture, 28(1), 107–116. https://doi.org/10.1080/23308249.2019.1678111
   Web of Science ®Google Scholar
• Grattan, L. M., Holobaugh, S., & Morris, J. G. Jr, (2016). Harmful algal blooms and public health. Harmful Algae, 57(B), 2–8. https://doi.org/10.1016/j.hal.2016.05.003
   Google Scholar
• Hardaker, J. B., Richardson, J. W., Lien, G., & Schumann, K. D. (2004). Stochastic efficiency analysis with risk aversion bounds: a simplified approach. Australian Journal of Agricultural and Resource Economics, 48(2), 253–270. https://doi.org/10.1111/j.1467-8489.2004.00239.x
   Web of Science ®Google Scholar
• IFAS. (2020). Clam culture for new growers: The basics of buying, handling, and planting hard clam seed. University of Florida.
   Google Scholar
• Jones, J. (2021). Manatee’s mighty clam industry points way to a more sustainable, cleaner world. Bradenton Harold.
   Google Scholar
• Kennish, M. J. (1978). Effects of thermal discharges on mortality of Mercenaria mercenaria in Barnegat Bay, New Jersey. Environmental Geology, 2(4), 223–254. https://doi.org/10.1007/BF02380488
   Google Scholar
• Khan, A., Guttormsen, A., & Roll, K. H. (2018). Production risk of pangas (Pangasius hypophthalmus) fish farming. Aquaculture Economics & Management, 22(2), 192–208.
   Web of Science ®Google Scholar
• King, A. S., Elliott, N. G., James, M. A., MacLeod, C. K., & Bjorndal, T. (2018). Technology selection—the impact of economic risk on decision making. Aquaculture Economics & Management, 22(4), 383–409.
   Web of Science ®Google Scholar
• Kumar, G., Engle, C., & Tucker, C. (2016). Costs and risk of catfish split-pond systems. Journal of the World Aquaculture Society, 47(3), 327–340. https://doi.org/10.1111/jwas.12271
   Web of Science ®Google Scholar
• Lu, Y., & Blake, N. J. (1997). The culture of the southern bay scallop in Tampa Bay, an urban Florida estuary. Aquaculture International, 5, 439–450.
   Web of Science ®Google Scholar
• Marine-Aquaculture. (2019). Clam Aquaculture. USDA, National Institute of Food and Agriculture, National Cooperative Extension.
   Google Scholar
• Marsden, I. D. (2004). Effects of reduced salinity and seston availability on growth of the New Zealand little-neck clam Austrovenus stutchburyi. Marine Ecology Progress Series, 266, 157–171. https://doi.org/10.3354/meps266157
   Web of Science ®Google Scholar
• Mitra, S., Khatun, M. N., Prodhan, M. M. H., & Khan, M. A. (2021). Consumer preference, willingness to pay, and market price of capture and culture fish: Do their attributes matter? Aquaculture, 544, 737139. https://doi.org/10.1016/j.aquaculture.2021.737139
   Web of Science ®Google Scholar
• Morgan, O. A., Whitehead, J. C., & Huth, W. L. (2018). Measuring the impact of traceability information on oyster consumer behavior following a contamination event. Marine Resource Economics, 33(4), 387–400. https://doi.org/10.1086/698994
   Web of Science ®Google Scholar
• Moroney, D., & Walker, R. (1999). The effects of tidal and bottom placement on the growth, survival and fouling of the Eastern Oyster Crassostrea virginica. Journal of the World Aquaculture Society, 30, 433–442. https://doi.org/10.1111/j.1749-7345.1999.tb00991.x
   Web of Science ®Google Scholar
• Moor, J., Ropicki, A., Anderson, J. L., & Asche, F. (2022). Stochastic modeling and financial viability of mollusk aquaculture. Aquaculture, 552, 737963. https://doi.org/10.1016/j.aquaculture.2022.737963.
   Web of Science ®Google Scholar
• Munari, M., Matozzo, V., & Marin, M. G. (2011). Combined effects of temperature and salinity on functional responses of haemocytes and survival in air of the clam Ruditapes philippinarum. Fish & Shellfish Immunology, 30(4–5), 1024–1030.
   PubMed Web of Science ®Google Scholar
• Munroe, D., Kraeuter, J., Beal, B., Chew, K., Luckenbach, M., & Peterson, C. P. (2015). Clam predator protection is effective and necessary for food production. Marine Pollution Bulletin, 100(1), 47–52. https://doi.org/10.1016/j.marpolbul.2015.09.042
   PubMed Web of Science ®Google Scholar
• National Shellfish Sanitation Program (NSSP). (2019). National shellfish sanitation program guide for the control of molluscan shellfish – 2019 Revision. United States Food and Drug Administration.
   Google Scholar
• National Resource Council (NRC). (2000). Clean coastal waters: Understanding AND REDUCING THE EFFECTS OF NUTRIENT POLLUTION. National Research Council, National Academy Press.
   Google Scholar
• Oesterling, M., & Luckenbach, M. (2008). Best management practices for the Virginia shellfish culture industry. Virginia Institute of Marine Science.
   Google Scholar
• Oglend, A., & Tveterås, R. (2009). Spatial diversification in Norwegian aquaculture. Aquaculture Economics & Management, 13, 94–111.
   Google Scholar
• Osman, R. W., Whitlatch, R. B., & Zajac, R. N. (1989). Effects of resident species on recruitment into a community: Larval settlement versus post-settlement mortality in the oyster Crassostrea virginica. Marine Ecology Progress Series, 54(1/2), 61–73. https://doi.org/10.3354/meps054061
   Web of Science ®Google Scholar
• Richardson, J. W., Schumann, K., & Feldman, P. (2005). Simetar: Simulation for excel to analyze risk. TX: Department of Agricultural Economics, Texas A&M University.
   Google Scholar
• Rodrigues, L. C., Bergh, J. C. J. M. V. D., Massa, F., Theodorou, J. A., Ziveri, P., & Gazeau, F. (2015). Sensitivity of Mediterranean bivalve Mollusc aquaculture to climate change, ocean acidification, and other environmental pressures: Findings from a producer survey. Journal of Shellfish Research, 34(3), 1161–1176. https://doi.org/10.2983/035.034.0341
   Web of Science ®Google Scholar
• Schlacher, T. A., Skillington, A. J., Connolly, R. M., Robinson, W., & Gaston, T. F. (2008). Coupling between marine plankton and freshwater flow in the plumes off a small estuary. International Review of Hydrobiology, 93(6), 641–658. https://doi.org/10.1002/iroh.200711050
   Web of Science ®Google Scholar
• Sturmer, L., Ellis, R., & Osborne, T. (2014). Initial assessment of mechanical harvesting bottom-planted hard clams Mercenaria mercenaria on shellfish aquaculture leases in Florida. Florida Sea Grant Program Development, University of Florida.
   Google Scholar
• Sturmer, L., White, B., Baker, S., & Grogan, K. (2015). Biofouling: Evaluating the efficacy of several net coatings in reducing biofouling on culture gear and improving hard clam production in Florida. Florida Sea Grant, University of Florida.
   Google Scholar
• Sturmer, L., Baker, S., Baker, P., & Heuberger, D. (2002). Short-term effects of salinity declines on juvenile hard clams, Mercenaria mercenaria. Florida Sea Grant, University of Florida.
   Google Scholar
• Swain, G., & Shinjo, N. (2014). Comparing biofouling control treatments for use on aquaculture nets. International Journal of Molecular Sciences, 15(12), 22142–22154. https://doi.org/10.3390/ijms151222142
   PubMed Web of Science ®Google Scholar
• Theodorou, J. A., Moutopoulos, D. K., & Tzovenis, I. (2020). Semi-quantitative risk assessment of Mediterranean mussel (Mytilus galloprovincialis L.) harvesting bans due to harmful algal bloom (HAB) incidents in Greece. Aquaculture Economics & Management, 24(3), 273–293.
   Web of Science ®Google Scholar
• Ward, L. G., & Twilley, R. R. (1986). Seasonal distributions of suspended particulate material and dissolved nutrients in a coastal plain estuary. Estuaries, 9(3), 156–168. https://doi.org/10.2307/1352127
   Google Scholar