Week 49 farm-gate shrimp roundup: Vietnam leads Asian gains while Indonesia weakens
Vietnamese farm-gate shrimp prices surpassed the $5/kg threshold in week 48, leading broader market movements that saw continued strength across most major producing regions, according to the latest global round-up from Undercurrent News
India’s Captain Fresh on track to record first annual profit ahead of 2025 IPO
The B2B seafood chain startup is aiming to end FY 2025 with a profitable bottomline and $500m-$550m in revenue
CEO of Venezuelan shrimp giant flees country after coup plot accusation
Jose Enrique Rincon, owner and CEO of Venezuela's largest shrimp production firm Lamar Group, has been accused by the government of orchestrating a coup against president Nicolas Maduro
‘Offshore’ vs ‘open-ocean’ fish farming: Researchers settle difference to improve site management
Researchers clarify 'offshore aquaculture' by distinguishing between 'exposed' conditions and distance from the coast, believing that clear definitions will aid farmers, insurers, regulators and investors in making informed decisions
Venezuela’s Lamar Group bets big on Europe amid 100,000t production goal
While most seafood executives might hesitate to expand in Venezuela's turbulent economy, Lamar Group has a different view. It plans to double production to 100,000t in 2025 -- with consumers in Europe the cornerstone of its expansion strategy
Vannamei shrimp prices in East Java lead Indonesia’s downward trend in week 48
Vannamei shrimp prices in Indonesia have taken a downturn in week 48, with average prices falling across all sizes
Strong year-end demand drives Thai shrimp prices to new seasonal heights
Thai farm-gate vannamei shrimp prices reached new seasonal highs in week 47, with medium and larger-sized shrimp seeing significant gains, driven by year-end market strengthening
Trump’s latest tariff threat would cost US seafood importers $1.2bn annually
'On Jan. 20, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% tariff on ALL products coming into the US, and its ridiculous open borders' -- Donald Trump on Truth Social
Week 48 farm-gate shrimp roundup: India extends price gains while other Asian origins diverge
Farm-gate shrimp prices in India continued their upward trajectory in week 48, leading broader market movements that saw mixed trends across major producing regions, according to the latest global round-up from Undercurrent News
Brazil shrimp industry leader identifies barriers to boosting exports, domestic consumption
Itamar Rocha lamented the lack of processed shrimp for export and the Brazilian domestic market, noting that most shrimp is sold fresh, limiting its marketability