Monthly Gulf of Mexico shrimp landings lowest in 15 years
Recently released shrimp landings data from the Gulf of Mexico revealed the lowest monthly total landings of shrimp for October in the past 15 years.
A total of 11.7 million pounds of shrimp were landed in October, 23.4 percent below the prior historical average for the month, according to the Southern Shrimp Alliance. The total catch for 2016 is down 23.8 percent below average, with catches in Louisiana down 30 percent and Texas down 25.9 percent from their previous historical averages.
However, likely due to the short supply, prices for all sizes of Gulf shrimp have increased significantly. The SSA reports ex-vessel prices for 25-30 count shrimp reaching USD 4.13 (EUR 3.89) per pound and 41-50 count shrimp prices also much higher than in years prior.