Wild Edibles Seafood Update
Good morning Chefs and Buyers, You may have noticed some instability in shrimp prices lately. There are any number of reasons that shrimp prices are beginning to climb after a very long period of stability. Last year unexpectedly high domestic wild shrimp production kept prices low for white shrimp even as we saw black tiger prices increasing. White shrimp from the Americas were being made available at prices to compete with the lower priced US shrimp. Now those large reserves of domestic product are quickly dwindling down and forcing prices up on white shrimp. In the meantime we have a new ban on wild Mexican shrimp set to start on April 20th. On the Asian front you have many farms actually switching from black tigers to the more profitable vanamei white. Vanaemei whites grow quicker and farms are able to get two harvests vs. one with tigers. Unfortunately these shrimp do not grow to the larger sizes, and most are harvested at a 26/30 market size. Bigger size tigers ar