Last month, the UN’s Food and Agricultural Organization warned of “food price shock” this year, as commodity and fuel prices rise worldwide. As for shrimp, the shock has already set in.
It was a volatile year for shrimp prices in 2010, even more unstable than in 2008, when shrimp prices spiked in the summer due to increasing commodity and fuel costs only to crash in the fall thanks to the global financial meltdown.
The difference now is shrimp prices won’t come back to earth like…
