Tag Archives: pushing shrimp prices higher

What happened to the price of shrimp?

Since 2010 the price of shrimp has more than doubled, forcing giant Darden Restaurants to try to divest themselves of Red Lobster and their “endless shrimp” buffet. Over 90% of all shrimp consumed in the US comes from outside the US, with most imported shrimp grown in filth ponds flooded with antibiotics. In spite of this, Early Mortality Syndrome (EMS) has been devastating global shrimp farm populations, and the disease isn’t the only thing pushing shrimp prices higher. The Commerce Department recently ruled that China, Ecuador, India, Malaysia and Vietnam have all unfairly subsidized shrimp exported to the United States. Read more@us15campaign  19:39