agriculture Content

Prawn (or Shrimp?) Prices on the Rise in the US

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.

US Pork Prices Set to Fall

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.

Post Memorial Day Steak Out!

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 […]

US Skim Milk Powder Prices Poised to Rise

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 […]

Good News For Lobster Lovers

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 […]

Post-Drought Corn Forecast

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 […]

The Sting in Honey Prices

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 […]