FOR IMMEDIATE RELEASE
FRIDAY, JULY 10, 2009
||Matt Parker, marketing specialist
NCDA&CS Marketing Division
Aquaculture producers eligible for grant monies
to recoup losses sustained in 2008
RALEIGH — North Carolina aquaculture producers are eligible to receive grant money to offset losses sustained in 2008 due to high feed costs as part of the American Recovery and Reinvestment Act of 2009.
Producers must have raised an aquaculture species in a controlled environment in 2008 and continue to be in operation. In addition, to be eligible for a grant, total feed costs in 2008 must have represented at least 25 percent of the total cost of operation, and the 2008 costs must represent an increase of at least 25 percent above the average of the previous five years.
“We are glad to be able to administer this grant program for our aquaculture producers,” said Agriculture Commissioner Steve Troxler. “Aquaculture is an important part of our agricultural economy and shows our diversity.”
N.C. aquaculture producers raise catfish, hybrid striped bass, freshwater prawn, trout, gamefish and ornamental species.
Farmers can download an application and find out more about the program at www.ncagr.gov/markets/aquaculture/2008AGP.htm. The deadline for applications is July 29, 2009.