Louisiana Shrimping Industry Faces Uncertain Future in 2023
Shrimpers now face some of the lowest prices they have ever seen due to massive amounts of shrimp being imported from overseas, according to Larose-based trade group Louisiana Shrimp Association. Acy Cooper Jr, the Louisiana Shrimp Association’s president, says the math around shrimp imports are simply not in the Louisiana shrimp industry’s favor. With Louisiana able to meet roughly 25% of the overall U.S. shrimp market demand – shrimp importers from countries like Thailand, Vietnam and Indonesia have brought to market more shrimp than the United States will typically consume each year, driving the price on the open market for Louisiana shrimp lower and lower. >click to read< 13:53
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