All over the place..
…….”current producers will need to embrace new technologies and production techniques to survive.. ”
Maybe those entering yes but RAS technology not proven yet to any scale and sustainability yet! Hence yes, be wary investors.
Not at all! With fast t/o, ability to ramp up production and frozen shelf life of 18 months markets define stocking densities or other species used. Or change business. In markets if prices go too high consumers eat chicken.
“Shifting trade patterns” – Vietnam as halfway house for value addition? Real reason why Thailand industry collapsed? Ecuador has always been a major producer.
In fact, trading shrimp globally for over 10 years Prawnmaster can emphatically state that where Ecuadorian vannamei prices went Thailands (and rest of SE Asia) prices would follow….
Cannot see any mega price correction either currently.
Finally the author suggests intensification as way forward but also says “Genetic advancement will also allow shrimp farmers to embrace extensive production.”
Talk about covering all odds….
Guess thats what analysts do but for life of me cannot see any insights other than what is already out there and, furthermore, no clear guidance for investors except risky and profitable long term – so new entrants be aware.
Shrimp industry is not that requiring of investors who do not want to go all the way. Those wanting to dip toes could get burnt.