As the Brownsville Shrimp Fleet is blessed, Prices are plummeting

Andrea Hance , executive director of the Brownsville-based Texas Shrimp Association, said the blessing is especially welcome this season. “Unfortunately this year the shrimp prices, they’re starting to plummet,” she said. “It’s not going to be pleasant this year. What’s happened, the imports have shot up.” “shrimp prices are about $3 lower per pound than this time last year. That’s too big of a change. We had a boat that came in the other day that averaged $3.50 a pound. (Prices) plummeted because the big nationwide buyers, they have too much inventory. Right now imports are about as high as they’ve ever been.” Read the rest here 14:37

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