agriculture Content

In the US, shrimp consumption each year reaches around 600,000 tons with total domestic production accounting for less than 10% of consumption. As a result, the US must rely on imports from other origins to meet demand. In 2012, total US shrimp imports fell by 8% year-on-year to 533,500 tons. Shipments from Thailand, Vietnam, China and Malaysia all fell as production was harmed by a shrimp disease known as Early Mortality Syndrome (EMS). Production in Thailand, the largest supplier of shrimp to the US, was down 8%, while exports to the US dropped a significant 27% to 135,600 tons.

Last week we wrote about beef, not long after the news broke that Smithfield Foods will be sold to a Chinese pork producer. So it’s fitting to take a look at pork prices this week.

Spend Matters welcomes a guest post from Rachel McIntyre of Mintec. I hope you all had an enjoyable Memorial Day. At this time of the […]

Spend Matters welcomes another guest post from Sam Parry of Mintec. The price of coconut oil in the US is currently down 40% year-on-year. Prices […]

Spend Matters welcomes another guest post from Mark Kozlowski of Mintec. Skim milk powder (SMP) prices have recently surged in New Zealand in response to […]

Spend Matters welcomes another guest post from Abigail Green of Mintec. When it comes to coffee, it seems that we just can’t get enough. Walking […]

Spend Matters welcomes a guest post from Yasan Namazi of Mintec. Good news: the lobster price highs should be behind us. A lot of lobster […]

Spend Matters welcomes a guest post from Liliana Gonzalez of Mintec. Corn prices increased sharply over the last summer. The Midwest experienced one of the […]

Spend Matters welcomes another guest post from Abigail Green of Mintec. US honey prices have been rising steadily and significantly over the past couple of […]

Spend Matters welcomes a guest post from Mark Kozlowski of Mintec. With last year’s terrible drought pushing cattle feed prices to a record level, you […]