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Thursday, July 31, 2014

31/07/2014: Higher prices for shrimp reflected in US prices

Various US importers/distributors are highlighting that farm gate prices for whole shrimp are rising fast in specifically in Ecuador and Thailand.





Ecuador buyers have come back strongly especially from China. Many other countries are also sourcing from Ecuador and thi is impacting the demand.

In Ecuador, processors are paying farmers US$7.20 for 40/50-count-per-kilogram, whole shrimp, compared to US$6.90 and US$6.60 earlier in the spring and summer.  Farm-gate prices for 30/40-count-per-kilogram, whole shrimp are up to US$8.80 from US$7.30 last month.

Thailand, where recovery from early mortality syndrome (EMS) is very slow likely means that total production of 250,000 metric tons is the likely scenario for 2014 according to Thai Government sources. Interestingly large sizes are just not on offer from Thailand indicating that farmers are keen to move their stocks rather than take risk of disease.Additionally Chinese domestic production seems to be weak and buyers are definitely in market.

In India there seems to issues in some areas relating to SPF seed stock (Penaeus vannamei).  It is reported that the growth of this seed stock was extremely limited, and all the farmers that purchased it reported similar results. 


The report sates "Despite implementing expert management techniques, we found that we could not stretch the growth of the post larvae beyond 15 grams in 120+ days.  Farmers were not allowed to check the post larvae before shipment, and there were huge variations in production from the post larvae. 


"With the increasing demand for SPF broodstock (Penaeus vannamei) and the high cost of importing it, we believe that hatcheries are using third and fourth generation broodstock from their original broodstock purchases, resulting in slow growth and small harvests."


This current situation obviously poses major challenges for the industry and some are calling for intervention from authorities to make it a mandate for hatcheries to show post larvae to the farmer at the time of purchase and not to use third and fourth generation broodstock, or post larvae from a single brooder. Additionally there is strong suggestion that seeds of different stages or quality should not be mixed.


Read more HERE.

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