Core Viewpoint - The price of crayfish in Nanchang has significantly dropped, with prices falling from 35 yuan per pound in mid-May to 16 yuan per pound in June, marking a nearly 50% decrease [1][5]. Price Trends - Crayfish prices in Nanchang have seen a drastic decline, with local markets offering prices as low as 13 yuan per pound for unselected crayfish and 16 yuan per pound for small crayfish [4][5]. - The wholesale prices for different sizes of crayfish are reported as follows: small crayfish at 10 yuan per pound, medium at 11.5 yuan, large at 16 yuan, and the largest at 25 yuan [5]. Market Dynamics - The primary reason for the price drop is the concentrated harvest period in May and June, which leads to an oversupply in the market [5][6]. - The introduction of rice-crayfish farming techniques has increased the number of farmers engaging in crayfish cultivation, resulting in higher production levels this year [4][5]. Farming Practices - Farmers are utilizing integrated farming methods, such as rice-crayfish co-cultivation, which maximizes land use and allows for dual income streams [5][7]. - Innovative farming practices, including early stocking of crayfish in lotus fields, have enabled some farmers to sell their crayfish at higher prices before the market becomes saturated [8]. Regional Insights - The largest crayfish production area in Jiangxi is in Jiujiang, accounting for 60% of the province's output, while the largest production area in China is in Qianjiang, Hubei, which contributes 60% of the national supply [8]. - After June, the crayfish supply in Nanchang is expected to shift predominantly to imports from Hubei, likely leading to a price increase [8].