The Land Report

2018.3

The Magazine of the American Landowner is an essential guide for investors, landowners, and those interested in buying or selling land. The award-winning quarterly is known for its annual survey of America's largest landowners, The Land Report 100.

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Either you do it right, or you don't do it at all. Markets nationwide. Teichert-Cod- dington also has a deal with Western Supermarket in Birmingham, and sells as much as he can locally during the fall harvest season. Business has been successful enough that over the years Teichert-Codding- ton has more than doubled the number of ponds on the farm from 10 to 22, but he says it hasn't been easy. "e technical part of all this is tough, but I'm a technician so I can handle that," Teichert-Coddington says. "It's when we got into the marketing and business side that it got to be a real challenge." Indeed, finding buyers for farm- raised shrimp is one of the reasons there are less than a half dozen such businesses in Alabama (along with a few in Texas and Florida). While catfish ponds thrive in the US, the vast major- ity of the shrimp consumed in this country is imported, with much of it coming from Asia. "ere are catfish processors in Alabama and Mississippi that will buy your fish, and then they're in charge of selling it to the markets," says Luke Roy, an aquaculture specialist with Auburn University and the Alabama Fish Farm- ing Center. "It's different with shrimp, because there aren't as many proces- sors that will take shrimp like they will catfish. "It's definitely a niche market. But there's a certain amount of pride that comes with producing a healthy, sus- tainable, American-made product. at appeals to a lot of people, and they'll pay a higher price for it." at is exactly what Teichert-Cod- dington is counting on, and it's what keeps him going after 17 years in the business. "We set out to grow a pure product that is not dependent on antibiotics and chemicals, and that's what we've done," he says. "Either you do it right, or you shouldn't do it at all." Originally published in Business Alabama David's constant companion in the field is a yellow Lab named Kenway. A black Lab named Delta does office chores with David's wife, Nadine. — David Teichert-Coddington 79 L ANDREP ORT.COM FALL 20 18 | e LandReport

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