Showing posts with label U.S. imports about 83%. Show all posts
Showing posts with label U.S. imports about 83%. Show all posts
Impact on Seafood Prices Is Limited
Sunday, June 20, 2010
The Gulf of Mexico oil spill is pushing up prices for shrimp and oysters from those waters but having limited impact on the larger U.S. seafood industry.
Here's why: The U.S. imports about 83% of its seafood and just 2% of domestic supplies come from the Gulf.
That's no comfort for Gulf fisheries, of course, which have been devastated by the spill that has gone on for two months now.
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