Crocodile Farmers Plagued by Volatile Market
Crocodile farmers are feeling the pinch after a year of volatile crocodile prices and market demand. Despite the spike in crocodile prices late last year – which followed on the heels of worrying lows between 2005 and 2007 – demand for the live exports of baby crocodiles remains unpredictable at best, and elusive at worst. Crocodile farming in Cambodia is chiefly centered around live exports of baby crocodiles to Vietnam and Thailand, where the babies are purchased, raised and cultivated for their meat and hides.
