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The Feasibility of Marketing Maine Raised Oysters

Published online by Cambridge University Press:  10 May 2017

Wallace C. Dunham*
Affiliation:
Department of Agricultural and Resource Economics, University of Maine at Orono
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Extract

At the present time the value of oyster production in Maine is minimal because the native species, Crassostrea virginica, will not survive in economic numbers, through the larval stage in Maine's cold waters. There is some indication that Ostrea edulis (the European oyster) can withstand colder temperatures and may in fact thrive in Maine's cold waters, offering an alternative for coastal economic growth. This species is raised on a scale and under continuous culture from juvenile to marketable size in other parts of the world. These factors all favor the establishment of a fishery for Ostrea edulis in Maine by adapting the proven hatchery, rearing, and mariculture techniques for this species to Maine's cold water environment. As other scientists began looking into the biological and engineering aspects of raising oysters in Maine it became necessary to consider the marketing aspects of such a venture.

Type
Research Article
Copyright
Copyright © Northeastern Agricultural and Resource Economics Association 

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References

1/ Portuguese oysters (Huitre portuguaise) was hypothesized to be a substitute for oysters (Huitre plate).Google Scholar

2/ Ex-vessel prices were used because retail prices were unobtainable.Google Scholar

3/ A normal good is one for which the income effect is positive. Quantity demanded always varies inversely with price.Google Scholar

4/ Mullelly, E.F., Acting Director, European Regional Affairs and Trade Regulations Staff, Office of International Marketing, U.S. Department of Commerce, Bureau of International Commerce, Washington, .D.C. Personal correspondence, May 7, 1973.Google Scholar