Tag Archives: have flooded the U.S. market
Gulf Shrimpers Taking a Beating Thanks to Cheap Imported Shrimp.
Previously crippled by disease, imported shrimp from countries such as Indonesia have made a major comeback and have flooded the U.S. market, experts say. In summary, shrimp wholesale is remarkably cheap right now and that means bad business for the local guys. “The industry is in outrage right now,” Thomas Hymel, specialist for the LSU AgCenter, said Tuesday. Last year, much of the foreign, farm-raised shrimp product was decimated by a disease called early mortality syndrome, or EMS. Less shrimp in the market meant a bump in prices. Read the rest here 07:54
