Why Louisiana's $1.3 Billion Shrimp Industry Could Go Extinct | Big Business | Business Insider
Louisiana catches about 70 million tons of shrimp, but it's not enough to meet America's surging demand. Cheap imports make up 90% of what the US consumes, and most of it is farmed in countries like India using controversial tactics. Dock prices in Louisiana have fallen to compete. It's left US shrimpers with a perfect storm of rock-bottom prices and sky-high fuel. Up and down the supply chain, companies worry this may be the last generation of Louisiana shrimpers. 00:00 - Intro 01:05 - How New Orleans shrimp po' boys are made 04:14 - How shrimp processors operate 08:11 - Why running a shrimp boat is so difficult 15:01 - The problems with US shrimp imports 24:55 - Credits ------------------------------------------------------ #shrimp #louisiana #businessinsider #bigbusiness MORE BIG BUSINESS VIDEOS: How The US' Biggest Garlic Producer Survived The Fall Of American Garlic | Big Business • How The US' Biggest Garlic Producer Surviv... How The World's Largest Cork Company Makes 22 Million Wine Stoppers A Day | Big Business • How Millions Of Wine Corks Are Made Every Day How Brazil Dominates Sugar Production Without Burning Fields | Big Business | Business Insider • How Brazil Dominates Sugar Production Business Insider tells you all you need to know about business, finance, tech, retail, and more. Visit our homepage for the top stories of the day: https://www.businessinsider.com Business Insider on Facebook: / businessinsider Business Insider on Instagram: / insiderbusiness Business Insider on Twitter: / businessinsider Business Insider on Snapchat: / 5319643143 Business Insider on TikTok: / businessinsider Why Louisiana's $1.3 Billion Shrimp Industry Could Go Extinct | Big Business | Business Insider
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