MISSISSIPPI GULF COAST — Shrimp season opened in state waters June 10 to what might be called “the same old story.” While early indications are that there will be a good shrimp catch this year, competition from cheap foreign imports has depressed prices and made it difficult for shrimpers to be profitable.
“Shrimp have not gone up in price much compared to what they were 25 years ago,” said Mike Brainard, shrimp and crab program coordinator for the Mississippi Department of Marine Resources. “Compared to other commodities, they are way behind.”
About 1,067 shrimp boats were counted on opening day, which was up more than 200 from 2002 when stormy weather had an impact.
Experts estimate that low prices combined with increasing expenses for fuel, ice and maintenance mean that the average shrimper has to spend 97
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info