Omarsa sees Ecuador shrimp farm, processing M&A accelerating with constrained supply
Omarsa is focused on buying more shrimp farms as large aquaculture groups like Aquagold and Almar move into processing and reduce the quantity of raw material available, and overall production stabilizes
Large-sized Indonesian vannamei prices show strong gains
The Indonesian vannamei shrimp sector saw price increases in the fourth week of the new year, with most sizes showing upward movement across key regions
US wholesale: Week 4 seafood price assessments live
UCN's week four price assessments and market wrap-ups for US wholesale prices for shrimp, frozen lobster, groundfish, farmed whitefish and scallops are available on our new platform
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
Probe finds eFishery may have inflated revenue by $600m in 2024 alone
Revenue for the nine months through September 2024 was estimated at $157m rather than the $752m investors were told; management also inflated revenue and profit numbers for several previous years
Ecuador’s Omarsa eyes downstream shrimp M&A in Europe, hopes to benefit from Venezuela’s Lamar takeover
Omarsa is eyeing a downstream acquisition in Europe and hopes to pick up business in the region after the Venezuelan government took over Grupo Lamar last year
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 3 sees further price surge in Thai vannamei shrimp market
Thai shrimp prices surged in the third week of January, marking the strongest weekly increase since late 2024, as market conditions propelled values to their highest levels in nearly two years
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