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Shrimp prices at an all-time high

3 years 1 month 3 weeks ago August 30, 2013 Aug 30, 2013 Friday, August 30 2013 August 30, 2013 5:06 PM in News
Source: WBRZ

BATON ROUGE - Shrimp wholesalers said they're paying $2-3 more per pound than they ever have before.

Shane Billiot, General Manager LA Boil Corporation said shrimp prices have been climbing consistently for the last six months.

"I've never seen prices for shrimp this high before," he said.

The price hikes kicked in after a disease hit big shrimp producing areas overseas. Now the demand is put on other shrimp producers, like here in the Gulf of Mexico.

"So it's good for them. I'm just hoping that once the supply will meet demand the price will go back down, I'm hoping they don't get used to those prices," explained Billiot.

He's selling shrimp for $10.98/pound, but Billiot explained that's only a dollar more since the most-recent price hikes.

"We try to take most of the burden of the cost and not pass it on to the customer as much," he said.

Patrons told News 2 it's not stopping them from eating up, though.

"I did notice they're up a dollar this week but you know we live in south Louisiana, what can we do," said Tony's Seafood patron Edward Oliszewski.

"Other states, they call it a luxury item, for us it's second nature to get shrimp and crawfish and things like that, we're just blessed here in Louisiana," said Billiot.

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