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Asian shrimp imports are chewing up U.S. suppliers

from Bloomberg

The most-popular seafood in the U.S. isn’t very American anymore, but it sure is getting cheaper. A surge of imported shrimp from Indonesia, Ecuador and India has sent prices plunging by more than a third in the past year. While that’s good news for consumers, who eat more of the crustaceans than any aquatic creature, including salmon and tuna, record supplies from foreign shrimp farms is compounding the strain on U.S. fishermen, who have seen their share of the domestic market shrink to about 10 percent. more

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