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October 29, 2014

Thailand

Daniel Gruenberg Reports

 

Daniel Gruenberg (Daniel@acquestra.com) reports to the The Shrimp List: Shrimp farmers that I have spoken with almost universally report chronic slow growth of around 0.7 grams a week, about half the growth rate prior to the onset of early mortality syndrome (EMS).

 

Nonetheless, more farmers are stocking stock ponds in eastern Thailand, attracted by relatively high prices for small shrimp (8 to 10 grams), but, until this week, even prices for small sizes were dropping.  Clearly customers want bigger shrimp.

 

Some farms are doing well, but this is the exception rather than the rule.  The biggest difference between last year and this year is that last year processors had contracts/commitments to fill and had to buy shrimp at any price.  This year, there is a discrepancy between the size that farmers can produce and the size that buyers want.

 

The volatility in prices for small shrimp creates additional risk for farmers thinking about stocking another crop.  Overall, I would say the shrimp farming situation is still quite unstable in Thailand.

 

Source: The Shrimp List (a mailing list for shrimp farmers).  Subject: Thai Production/EMS.  Daniel Gruenberg.  October 27, 2014.

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