Rabobank: Price slide, high costs threaten shrimp industry's profitability

While shrimp farmers feed costs have increased by as much as 30 percent, freight costs have doubled and even tripled in some cases, just as US demand is slipping.

Gorjan Nikolik, senior analyst at Rabobank, says shrimp industry at an 'inflection point'.
Gorjan Nikolik, senior analyst at Rabobank, says shrimp industry at an 'inflection point'.Photo: NASF
Published 23 June 2022, 06:00Updated 23 June 2022, 13:05
RabobankFarmed shrimpGorjan NikolikUnited StatesCOVID-19