2017 Begins With More Shrimp Landings and Improved Dockside Prices

Yesterday, NOAA released shrimp statistics from the Gulf of Mexico for the first month of 2017.
In total, 3.5 million pounds of shrimp were landed in the Gulf in January, the largest volume of shrimp reported since 2013.  Landings for the region were still 16.5% below the fifteen-year historic average for the month of January, but the total landings were the eighth highest recorded over the sixteen-year timespan for which the Southern Shrimp Alliance has tracked NOAA’s data.
January accounts for only a small portion of annual Gulf shrimp landings (generally between 3% and 5%).
Ex-vessel prices for medium and small count sizes were reported to have increased significantly through the Gulf region compared to January of 2016.  In the Western Gulf (Texas ports) 41/50 count and 36/40 count shrimp were reported to have ex-vessel prices of $1.40 per pound and $1.99 per pound, respectively, in January of last year.  Last month, the reported ex-vessel prices were $2.30 per pound and $3.19 per pound, respectively.  Ex-vessel prices for large count size shrimp remained roughly in line with where they have been each January going back to 2013.
Please click the following link to view SSA’s compilation and summary of January 2002-2017 Shrimp Landings and Ex-Vessel Prices for January 2001-2017:
https://www.shrimpalliance.com/wp-content/uploads/2017/02/January-2017-Landings.pdf

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