Gulf of Mexico Region Fisheries Extension Enhancement Review

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1 Gulf of Mexico Region Fisheries Extension Enhancement Review Rex H. Caffey Louisiana Sea Grant College Program Center for Natural Resource Economics & Policy

2 FEE in the Gulf of Mexico Region 1) Programming highlights 2) Hurricane recovery in Louisiana 3) Regional observations

3 Regional FEE Programming Rotating Regional Coordination in GoM - Florida, Alabama, Mississippi, Louisiana, Texas Coordinated with Gulf States Marine Fisheries Commission (GSMFC) - Corpus Christi, TX (2004) - New Orleans, LA (2005) - Fairhope, AL (2006) - Biloxi, MS (2007) - Galveston, TX (2008)

4 Florida Fisheries Extension Enhancement Programming Putting Sharks in perspective: Fact vs. Fiction Capacity building with recreational sector

5 Texas Fisheries Extension Enhancement Programming Gulf of Mexico Shrimp Sustainability Summit Regional technology transfer for shrimp sector

6 Mississippi and Alabama Fisheries Extension Enhancement Programming Derelict gear removal Methyl mercury education programming

7 Louisiana Fisheries Extension Enhancement Programming Socioeconomic Res./Ext. - Dr. Hamady Diop - User Conflicts - Fisheries & Wetlands Plan B: - Economic Support for Hurricane Recovery

8 FEE Response to Katrina and Rita? State (LDWF) Preliminary damage estimates Lobbying Congress and Louisiana Recovery Authority FEE La Fishing Community Recovery Coalition

9 LA Fisheries Community Recovery Coalition (LFCRC) United Commercial Fishermen's Association Southern Shrimp Alliance Plaquemines Parish Oyster Association Omega Protein Menhaden Advisory Council of the Gulf of Mexico LSU Ag Center Louisiana Wildlife Federation Louisiana Shrimp Association Louisiana Seafood Promotion and Marketing Board Louisiana Sea Grant Louisiana Oyster Task Force Louisiana Oyster Dealer and Grower's Association Louisiana Department of Wildlife and Fisheries Louisiana Charter Boat Association Lake Pontchartrain Fishermen's Association Jefferson Parish Marine Fisheries Advisory Board Delta Commercial Fishermen's Association Coastal Conservation Association Blue Water Fishermen's Association US-Vietnamese Commercial Fisherman's Union LSCRC Charge: 1) Document impacts 2) Develop requests 3) Determine allocation

10 Responding to Katrina and Rita State (LDWF) Preliminary damage estimates Lobbying Congress and Louisiana Recovery Authority FEE - La Fishing Community Recovery Coalition (LFCRC) Federal (NOAA/NMFS): Federal Fisheries Disaster Declarations Commissioned economic assessments in AL, MS, FEE Economic impact assessments in LA

11 Revenue-Based Damage Assessment Trip Ticket Data Income Capitalization: Asset Value = f (Revenue) Since 1999, LDWF mandated record tracking - What/Where/When caught & sold, vessel ID revenue and price data. Approximately 2 million transaction records from dealers and fishermen from Firm-level records - confidential

12 Step 1: Geo-coding infrastructure Identifying and mapping the pre-storm location of fishing infrastructure in the LA coastal zone 160,023 LA Rec. fishing vessels 6,986 LA Com. fishing vessels 1,675 Federal fishing vessels 981 Seafood docks/dealers 76 Seafood processors - Other infrastructure?

13 Step 2: Additional Valuation (Market Data) Using market data to estimate pre-storm vessel value $400,000 Price ($) $300,000 $200,000 Vessel Value n = 496 y = x R 2 = $100,000 $ Length (feet)

14 Step 3: Refining Damage Assumptions 50% Revenue Loss

15 Storm Surge Data: ADCIRC (Katrina and Rita, n=500,000) Katrina Path Katrina Water Height: Rita Path Rita Water Height:

16 Infrastructure, Storm Surge, 1-mile grid

17 Step 3: Refining Damage Assumptions Use of ground-truth surveying to develop a model of economic damage related to surge height. Damage = f (Max Surge Height)

18 Damage Assumption Model 100% % Damage 75% 50% 25% 0% Z Maximum Surge Height (Feet)

19 Damage Curves % Damage USACE Min Maximum Surge Height (Feet)

20 Final Damage Estimates

21 LA Recovery Funding to Date? June 2006: First Congressional Appropriation - $53 million to LA for Habitat recovery January 2007: Small Firm Loan Grant Program - $128 million, fishermen largest recipient group June 2007: Second Congressional Appropriation - $43 million to LA for direct assistance (pending) March 2008: Back to the Docks Infrastructure - $19 million, 15 larger-scale projects

22 GOM FEE-Leveraged Funds Leveraged Funding (4 Years): $1,350,293 Total Federal Funds (4 Years): $1,402,444 Leveraged/FEE Ratio: $0.96/$1

23 GOM Activities Under FEE State and National Awards 4 Graduate and undergraduates, fellowships and internships 4 New Hires 5 FEE Agent Collaborating Partners 10 FEE Agent Boards and Committee Participation 15 Education Programs Sponsored/Conducted 17 Publications (Peer-reviewed, reports, symposia, etc.) 30 Products Produced by FEE agents and PIs 38

24 Ongoing Extension Needs in GOM?

25 Thank you

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