Vietnamese shrimp sector hopeful for continued market recovery after 2024 improvement
Vannamei shrimp exports were up 15% in volume and 9% in value for 2024, and the hope is that improved market demand, prompted by Asian national holidays, can see that continue
US wholesale: Shrimp prices in week 4 mixed, but gains continue in peeled, deveined
Price action for US wholesale prices in week 4 was mixed for imported, farm-raised white and black tiger shrimp, with easing in some categories but strength being maintained in peeled and deveined.
US shellfish M&A: Direct Source ups foodservice sales after deal for Amende & Schultz
Direct Source Seafood is growing its foodservice sales having merged with one of the largest importers and wholesalers of Mexican wild-caught shrimp and other crab species
CP’s Florida-based RAS shrimp farm scales back US consumer sales, cites cost challenges
'The technology is not the issue. It's about cost of production versus what the market will pay, and scale is key' -- Robins McIntosh, CEO of Homegrown Shrimp USA
Los Angeles RAS shrimp producer shuts down farm, mulls next move
Founder and CEO Steve Sutton says TransparentSea's closure is to focus on scaling production, reducing costs and preparing for a larger, more efficient facility
Week 4 farm-gate shrimp roundup: China-Ecuador price gap narrows to historic low
Global shrimp markets continue to diverge as China’s Lunar New Year approaches, with Chinese prices plummeting to levels barely above those of its major supplier Ecuador, according to Undercurrent's latest global round-up
McIntosh forecasts 2025 global shrimp output to drop below 5m metric tons, black tiger to rise again
Ecuador, China, and India could all see drops in 2025 vannamei shrimp output, according to the early-year forecast from Robins McIntosh, who is bullish on continued black tiger growth
US wholesale: Week 4 ‘Market pulse’ updates available on key seafood commodities
Undercurrent News' week 4 "market pulse" updates on US wholesale markets for various key commodities are available on our new platform
US wholesale: Value added premiums drive changes in week 3 shrimp prices
All changes to the US wholesale prices in week 3 for imported, farm-raised white and black tiger shrimp were in peeled and deveined categories amid growing interest for this product
Week 3 farm-gate shrimp roundup: Chinese market weakness persists despite Lunar New Year approach
Chinese farm-gate prices remain depressed despite the approaching Lunar New Year festivities on Jan. 29, traditionally a period of peak demand and strong pricing