Latest Shrimp News

Takeaways from AP's report on how shrimp farmers are exploited as supermarkets push for low prices

Sep. 30, 2024 20:39 PM EDT

BANGKOK (AP) — A new investigation focused on three of the world’s largest producers of shrimp released on Monday claims that as big Western supermarkets make windfall profits, their aggressive pursuit of ever-lower wholesale prices is causing misery for people at the bottom end of the supply...

As big supermarkets pursue profits, new research shows growing exploitation of shrimp farmers

Sep. 30, 2024 20:36 PM EDT

BANGKOK (AP) — Indonesian shrimp farmer Yulius Cahyonugroho operated more than two dozen ponds only a few years ago, employing seven people and making more than enough to support his family. Since then, the 39-year-old says the prices he gets from purchasers have fallen by half...