News Summary November 24, 2020
Today's Top Story: Availability of Wild-Caught U.S. Shrimp Critically Low
Shrimp landings in the Gulf of Mexico have fallen to the lowest recorded level; at the current pace, the expectation is for only 69 million pounds landed. That is a 14 percent decline year-over-year and 33 percent fewer than the prior 10-year average. In addition, in September, the USDA initiated a purchase of frozen wild shrimp products for the Federal Food and Nutrition Assistance Program totaling 4.3 million pounds. So, in essence, only 65 million pounds will likely be made available from the region in 2020. This pales in comparison to the 10-year average of 104 million pounds...
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