Welcome   Sponsored By
Subscribe | Register | Advertise | Newsletter | About us | Contact us
   


Photo: Parte de Pesca/FIS

One Month into the Shrimp Season: Promising Catches, Stagnant Prices

Click on the flag for more information about Argentina ARGENTINA
Wednesday, December 04, 2024, 00:10 (GMT + 9)

The shrimp fishing season in Chubut's jurisdictional waters has completed its first month, with over 18,000 tons caught in the authorized area between parallels 43°00′ S and 44°00′ S, reports Nelson Saldivia from Parte de Pesca.

The catches are notable for their high quality and the prevalence of key commercial sizes such as L1, L2, and L3, depending on the area. However, international prices for Pleoticus muelleri have yet to recover, posing challenges to the profitability of the industry.

(L to R) F/V Bagual and  F/V /Rayo de Sol

Strong Catches and Resource Distribution

The outlook for catches is encouraging. According to Juan Carlos Ottulich, captain of the F/V Bagual, the resource is abundant:

 

 

  • North: large sizes, such as L1 and L2, predominate.
  • Center (off the coast of Rawson): consistent quantities of L2.
  • South: significant presence of L3.
  •  

     

    “There are days when concentrations allow for hauls of up to 600 or 800 crates, although on other days, more effort is needed to complete the load,”, Ottulich explained.

    Veteran Rawson fisherman Daniel Jurado confirmed the abundance of resources in various areas, though he noted that concentrations are not yet fully stable. “It depends on the day, but generally, it's possible to fully load the boat quickly with very high-quality shrimp, with a hard shell,” he stated.

    Depressed Prices and Economic Challenges

    Despite promising catches, the sector is grappling with significant economic hurdles. Prices paid to boats are even lower than last year, severely impacting profitability. Ottulich highlighted that a stagnant exchange rate and rising operational costs have created financial challenges for the industry.

    “Processing plants are paying very low prices. Under these conditions, there’s hardly any profit left for the boats,” said Ottulich, noting that crate prices remain depressed due to the lack of recovery in international markets.

    Jurado echoed this sentiment, adding that some processing plants are overwhelmed with shrimp, limiting boat departures on weekends. “The factories can’t process everything that’s being landed, and that’s affecting the flow of the season,” he explained.

    Season Outlook and Structural Concerns

    Ottulich emphasized the importance of starting the season in November, which has allowed for strong catch results. “The Bagual signed an agreement with the crew outside of the union, which expedited the start of the season and got the activity moving,” he noted, suggesting that these opening dates should be maintained for future seasons.

    However, he expressed concern about the continuous expansion of the fishing fleet. “In recent years, all governments have been issuing more permits, and sooner or later, this will have serious consequences for the sustainability of the resource,” he warned.

    Shrimp L1-2-3-4 are the sizes measured by weight, whole round ==>

    Conclusion

    The first month of the shrimp season in Chubut has been successful in terms of catches, with abundant resources of good quality. However, the lack of recovery in international prices poses major challenges for the sector's profitability, while the saturation of processing plants adds operational pressures. In the long term, the increasing number of fishing permits raises concerns about the sustainability of the resource, according to industry leaders.

    [email protected]
    www.seafood.media


     Print


    Click to know how to advertise in FIS
    MORE NEWS
    Viet Nam
    Mar 24, 18:00 (GMT + 9):
    Vietnam Emerges as Global Scallop Powerhouse Amid Supply Chain Shake-Up
    Iceland
    Mar 24, 17:00 (GMT + 9):
    Cod Prices Smash Records as U.S. Demand Sparks Haddock Comeback in Tight Global Market
    Brazil
    Mar 24, 11:00 (GMT + 9):
    Brazil’s Tilapia: High-Tech Fish Farming Transforms São Paulo’s Interior
    Worldwide
    Mar 24, 07:00 (GMT + 9):
    European demand rebound pushes Chinese pollock to $200–300/ton premiums over contract prices
    China
    Mar 24, 07:00 (GMT + 9):
    Inside the Science of Squid: How Water-Retaining Agents Are Transforming Seafood Processing
    China
    Mar 24, 05:00 (GMT + 9):
    IN BRIEF - Global Marine Ingredients Leaders Set to Gather at Shanghai Summit 2026
    Spain
    Mar 24, 04:00 (GMT + 9):
    ANFACO-CYTMA drives international expansion of the seafood sector in Barcelona with a high-impact strategic agenda
    Greece
    Mar 24, 03:00 (GMT + 9):
    IN BRIEF – Cooke Expands in Greece with Avramar Debt Purchase Plan
    Norway
    Mar 24, 03:00 (GMT + 9):
    Norway Pelagic Fishing Update Week 12
    Worldwide
    Mar 24, 00:00 (GMT + 9):
    Other Media | Ind Pesqueras: The Commission activates the provisional application of the Mercosur agreement amid escalating geopolitical tensions
    United Kingdom
    Mar 24, 00:00 (GMT + 9):
    Other Media | Fish Farmer: Seawork set to deliver multi-million-pound boost to local economy
    Chile
    Mar 24, 00:00 (GMT + 9):
    Other Media | fishfarmingexpert: Ventisqueros strengthens Salmon Council
    Chile
    Mar 24, 00:00 (GMT + 9):
    Other Media | SalmonBusiness: Chile: report alleges Norwegian NGO funding to groups blocking salmon projects
    Russian Federation
    Mar 24, 00:00 (GMT + 9):
    IN BRIEF — The Russian Ministry has updated fishing regulations in the Far Eastern fisheries basin, easing key restrictions for the Rus
    Norway
    Mar 24, 00:00 (GMT + 9):
    IN BRIEF - AKVA group has selected Global Aqua in Lillestrøm as its primary arena for engaging with fish farmers, partners



    Lenguaje
    FEATURED EVENTS
      
    TOP STORIES
    Russia Surpasses 1 Million Tons in Fish Catch as Key Basins Drive Early-Year Surge
    Russia Fed. Strong performance in the Far East offsets moderate gains across other regions, according to official data MOSCOW — Russia’s fishing industry has crossed a major early-year milestone...
    Prologis Expands Tokyo Footprint with Strategic Urban Logistics Hub Near Key Consumer Markets
    Japan New multi-use development in Itabashi aims to redefine last-mile delivery and flexible logistics operations in one of Japan’s densest metropolitan zones TOKYO — Prologis has announce...
    Alaska Pollock Fishery Secures New Sustainability Milestone with MSC Recertification
    United States Independent review reaffirms decades of science-based management, strengthening global confidence in one of the world’s largest sustainable fisheries The Alaska pollock fishery has once again e...
    Seychelles Eases Stance in EU Tuna Talks, Settles for Modest Increase Amid Global Pressures
    Seychelles Island nation scales back demands from 30% to 7% as geopolitical tensions and economic realities reshape negotiations *]:pointer-events-auto scroll-mt-[calc(var(--header-height)+min(200px,max(70p...
     

    Umios Corporation | Maruha Nichiro Corporation
    Nichirei Corporation - Headquarters
    Pesquera El Golfo S.A.
    Ventisqueros - Productos del Mar Ventisqueros S.A
    Wärtsilä Corporation - Wartsila Group Headquarters
    ITOCHU Corporation - Headquarters
    BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
    Inmarsat plc - Global Headquarters
    Marks & Spencer
    Tesco PLC (Supermarket) - Headquarters
    Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
    I&J - Irvin & Johnson Holding Company (Pty) Ltd.
    AquaChile S.A. - Group Headquarters
    Pesquera San Jose S.A.
    Nutreco N.V. - Head Office
    CNFC China National Fisheries Corporation - Group Headquarters
    W. van der Zwan & Zn. B.V.
    SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
    Icicle Seafoods, Inc
    Starkist Seafood Co. - Headquearters
    Trident Seafoods Corp.
    American Seafoods Group LLC - Head Office
    Marel - Group Headquarters
    SalMar ASA - Group Headquarters
    Sajo Industries Co., Ltd
    Hansung Enterprise Co.,Ltd.
    BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
    CEFAS - Centre for Environment, Fisheries & Aquaculture Science
    COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
    Chun Cheng Fishery Enterprise Pte Ltd.
    VASEP - Vietnam Association of Seafood Exporters & Producers
    Gomes da Costa
    Furuno Electric Co., Ltd. (Headquarters)
    NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
    FAO - Food and Agriculture Organization - Fisheries and Aquaculture Department (Headquarter)
    Hagoromo Foods Co., Ltd.
    Koden Electronics Co., Ltd. (Headquarters)
    A.P. Møller - Maersk A/S - Headquarters
    BVQI - Bureau Veritas Quality International (Head Office)
    UPS - United Parcel Service, Inc. - Headquarters
    Brim ehf (formerly HB Grandi Ltd) - Headquarters
    Hamburg Süd Group - (Headquearters)
    Armadora Pereira S.A. - Grupo Pereira Headquarters
    Costa Meeresspezialitäten GmbH & Co. KG
    NOAA - National Oceanic and Atmospheric Administration (Headquarters)
    Mowi ASA (formerly Marine Harvest ASA) - Headquarters
    Marubeni Europe Plc -UK-
    Findus Ltd
    Icom Inc. (Headquarter)
    WWF Centroamerica
    Oceana Group Limited
    The David and Lucile Packard Foundation
    Ajinomoto Co., Inc. - Headquarters
    Friosur S.A. - Headquarters
    Cargill, Incorporated - Global Headquarters
    Benihana Inc.
    Leardini Pescados Ltda
    CJ Corporation  - Group Headquarters
    Greenpeace International - The Netherlands | Headquarters
    David Suzuki Foundation
    Fisheries and Oceans Canada -Communications Branch-
    Mitsui & Co.,Ltd - Headquarters
    NOREBO Group (former Ocean Trawlers Group)
    Natori Co., Ltd.
    Carrefour Supermarket - Headquarters
    FedEx Corporation - Headquarters
    Cooke Aquaculture Inc. - Group Headquarters
    AKBM - Aker BioMarine ASA
    Seafood Choices Alliance -Headquarter-
    Austevoll Seafood ASA
    Walmart | Wal-Mart Stores, Inc. (Supermarket) - Headquarters
    New Japan Radio Co.Ltd (JRC) -Head Office-
    Gulfstream JSC
    Marine Stewardship Council - MSC Worldwide Headquarters
    Royal Dutch Shell plc (Headquarter)
    Genki Sushi Co.,Ltd
    Iceland Pelagic ehf
    AXA Assistance Argentina S.A.
    Caterpillar Inc. - Headquarters
    Tiger Brands Limited
    SeaChoice
    National Geographic Society
    AmazonFresh, LLC - AmazonFresh

    Copyright 1995 - 2026 Seafood Media Group Ltd.| All Rights Reserved.   DISCLAIMER