The Canadian coldwater shrimp (Pandalus borealis) industry is facing a difficult 2009 marked by weak demand, reduced supplies and low prices. A tough global economic climate and a depreciated Canadian dollar have resulted in unfavorable returns for Canadian shrimpers but favorable prices for seafood buyers worldwide.
Canada's coldwater shrimp harvest totaled more than 170 million pounds in 2008. But this year's catch is expected to reach only 100 million pounds. Low prices forced Canadian …
August 23, 2009
Canadian coldwater shrimp in need of buyers
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