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April 2, 2015

United States

Response to Don Berger’s Shrimp Price Prediction


Russ Allen (, in response to an item on The Shrimp List that predicted that retail prices for large shrimp would have to drop to $4.99 a pound before demand picked up again, reports:


Inventories are high in the USA, and prices are coming down.  But large shrimp for $4.99 a pound will NEVER happen again!  I have my own market, I sell directly to consumers.  All you have to do is look at the price of beef, especially hamburger, at $5.00 a pound.  Is shrimp going to sell for less than that?  No way!  To the average USA consumer, shrimp is still a luxury item.  Until that perception changes, retail prices will remain relatively high.  In my opinion, the day of any shrimp selling for  $4.00 a pound is history.


Source: The Shrimp List (a mailing list for shrimp farmers).  Subject: Shrimp Diseases in the World.  Russ Allen.  March 31, 2015.

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