Through First Four Months, Shrimp Landings Higher Than 2014 But Lower Than Historic Average

NOAA released data today regarding shrimp landings in the Gulf of Mexico through April of 2015.  Over the first third of this year, landing volumes were higher (9.7 million pounds) than the first four months of 2014 (9.3 million pounds).  However, the Southern Shrimp Alliance’s analysis of NOAA data indicates that the volume of shrimp landed this year is nearly 19% below the historical average of shrimp landings in the Gulf over the prior fourteen years (11.9 million pounds).

 

The relevance of these figures and comparisons is limited in terms of shrimp production in 2015. Shrimp landed between January and April has only accounted for between 7% and 12% of the total yearly harvest of shrimp in the Gulf of Mexico since 2002.

 

The NOAA data released today shows:

 

  • The 1.8 million pounds of shrimp landed in the Gulf of Mexico in April was the second-lowest total for the month of April recorded for the region since 2002 (last year was the lowest at 1.7 million pounds).

 

  • The 541,000 pounds of shrimp landed in Texas in April was the second-lowest total for the month of April recorded in the state since 2002 (2003 was the lowest at 481,000 pounds).

 

  • The 366,000 pounds of shrimp landed in Louisiana in April was the third-lowest total for the month of April recorded in the state since 2002 (last year was the lowest at 281,000 pounds).

 

  • Conversely, the 378,000 pounds of shrimp landed in Alabama in April was the single-highest total reported for the month of April since 2002 and more than double the amount landed in April 2014 (181,000 pounds).

 

  • The 481,000 pounds of shrimp landed on the West Coast of Florida was, while less than what was landed in April 2014 (580,000 pounds), the third highest total reported for the month of April since 2007.

 

Despite weak production, the ex-vessel prices reported by NOAA have begun to show signs of weakening compared to last April.  With some exceptions, the ex-vessel prices reported in April 2015 were largely below those reported in April 2014, with U15, 26-30, and 41-50 count shrimp reported as fetching lower prices in the Northern Gulf (Alabama, Louisiana, and Mississippi) last month than in April 2014.

 

Please click the following link to view SSA’s compilation and summary of April 2015 Shrimp Landings and Ex-Vessel Prices:

https://www.shrimpalliance.com/wp-content/uploads/2015/05/April-2015-Landings.pdf

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