Wholesale margins over dockside prices of Gulf shrimp rising

The ratio of the wholesale prices over dockside prices of Gulf of Mexico white shrimp, 16-20 count per pound continued to rise since 1998. In recent years, the ratio was about 1.40, which indicates that wholesale prices were about 40 percent higher than dockside prices.

The ratio of the wholesale prices over dockside prices of Gulf of Mexico white shrimp, 21-25 count per pound continued to increase since 1998. In recent years, the ratio was about 1.40, which indicates that wholesale prices were about 40 percent more than dockside prices.

WHOLESALE PRICES
Wholesale prices are UB Shrimp, Wild, Gulf of Mexico, Domestic White, in dollars per pound. The ex-warehouse prices ($/lb) are prices reported by the Urner Barry Comtell of the wild GOM white shrimp (P. setiferus) species traded in the West Coast or East Coast.

DOCKSIDE PRICES
Dockside or ex-vessel prices are in dollars per pound, Penaied species only, headless.  Source of raw data: NOAA Fisheries Service, Southeast Fisheries Science Center. Legend: Northern – Alabama, Mississippi and Louisiana;  Count – number of shrimp per pound. Ex-vessel prices ($/lb) are the prices reported by NOAA Fisheries of Penaeid shrimp species landed by the commercial fishing sector in the northern GOM states.  

WHOLESALE MARGINS
The height of the ratio above 1.00 shows the gross margins of the wholesale prices over the dockside prices of the specified shrimp product harvested from the Gulf of Mexico. Over time, the ratio between the two prices increased consistently to more than 1.40 in recent years.

It should be noted that the GOM dockside prices cover all Penaeid shrimp species while the GOM wholesale prices refer only to GOM white shrimp (P. setiferus).

The margins rose to around $2.50 per pound of the Gulf of Mexico white shrimp, 10-20 count during the past few years. In recent years, the margin was about $2.50, which means that wholesale prices were about $2.50 per pound more than dockside prices.

The margins rose to about $2.50 per pound of the Gulf of Mexico white shrimp, 21-25 count during the recent years. In recent years, the margin was about $2.50, which means that wholesale prices were about $2.50 per pound more than dockside prices.