Aquaculture Boosting Supply but Markets Hesitant to Pay Current Prices

AN Australian scientific breakthrough is being heralded as delivering the unprecedented double benefit of preserving depleted wild fish stocks in the world's seas while also making prawn farming more profitable and environmentally sustainable
ShrimpLower supply and high prices are the characteristics of the international shrimp trade at present, according to the FAO Globefish Quarterly Update report. Lower production of farmed shrimp associated with the disease problems in Asia and Latin America during the first half of the year and poor supply forecast for the rest of the year have pushed shrimp prices higher worldwide.