Summer of discontent for vannamei
U.S. buyers of Asian-raised Pacific white shrimp are adjusting to a new reality — a summer without a significant drop in prices.
But a combination of market influences — from bad weather in Southeast Asia to a soft U.S. dollar — are preventing prices from falling at a time of year when product is making its way to U.S. shores at a considerable rate.
“The major production of shrimp comes off in June, July and August. Through the summer months, you would see prices drop as a result,” s…