Since late July, the price of 16/20 domestic shell-on shrimp has fallen almost 20%. The landings in the Gulf are less than expected. Still, the uncertain economic outlook, turmoil in equity markets, and the increased cost of borrowing money are forcing the market down sharply.
Some projections have the market falling an additional 15-20% by the end of the year.
Prices are subject to change.
9/19/2022
