Skimping on shrimp
April 21, 2014 by DarcieShrimp prices have soared worldwide due to a shortage caused by a disease that’s wreaking havoc on the crustacean’s population. Bloomberg reports that shrimp prices increased 61 percent in March over last year, mostly due to a bacterial disease known as early mortality syndrome (EMS). The surge in prices was made especially difficult because it came during the Lenten season, when many people turned to shrimp over chicken, beef and pork. At chains like Noodles & Co., the shortage has led to a 29 percent increase in the cost to add shrimp to pastas this year. However, Popeye’s Louisiana Kitchen, Inc. is bucking the trend. While the fast-food chain is experiencing a 40 percent increase in shrimp costs, it isn’t raising prices, thanks to offsetting lower costs for chicken.
Early mortality syndrome does not affect humans, but it is nearly wiping out young shrimp farmed in Southeast Asia. Since EMS was first reported in China in 2009, it has spread to Vietnam, Malaysia and Thailand (the number one supplier of farmed shrimp). The disease has now reached Latin America, causing similar devastation.
While there is currently no cure for EMS, researchers at the University of Arizona have developed a new diagnostic test, which they hope will help mitigate the spread of disease by providing quicker and cheaper diagnoses. Until farmers are able to get this disease in check, expect to see continued higher prices at the market.
How has the shrimp shortage affected your cooking?
Photo of Tom Yum Grilled Shrimp from Closet Cooking, indexed on EYB
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