In February, Improvement in Shrimp Landings and Prices

NOAA has released shrimp statistics from the Gulf of Mexico for February.

In total, 3.2 million pounds of shrimp were landed in the Gulf last month, the third largest harvest recorded for the month going back to 2001.  Landings for the region were still 16.0% above the sixteen-year historic average for the month of February.  For all of 2017, shrimp landings in the Gulf are only 3.4% below the prior sixteen-year historic average at 6.7 million pounds.

The first two months of the year account for only a small portion of annual Gulf shrimp landings, generally between 4% and 7% of yearly totals.

While the volume of shrimp landed in the Gulf so far this year has been in line with historic averages, ex-vessel prices have shown significant improvement across count sizes.  At $10.42 per pound, the ex-vessel price for U15 shrimp in the Western Gulf is the highest reported by NOAA for any February.  Further, ex-vessel prices for 41-50 count shrimp increased for all regions compared to February of last year, jumping from $1.70 per pound in the Western Gulf in February 2016 to $3.27 per pound last month.

Please click the following link to view SSA’s compilation and summary of February 2001-2017 Shrimp Landings and Ex-Vessel Prices for February 2001-2017: https://www.shrimpalliance.com/wp-content/uploads/2017/03/February-2017-Landings.pdf

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