Experts warn of shrimp oversupply

As the world’s biggest shrimp exporter, Thailand employs advanced shrimp farming technology such as bio-security farming, a system that increase yield and ensure high quality. However, farmers manager biosecured farms differently depending on their capital.

The attractive price of Thai shrimp will encourage farmers to breed more shrimp in pursuit of high profits. But fast-expanding farm areas could damage the business as farmers might ignore quality and bring about oversupply, leading to problems when the price drops, warned Somsak Paneetatyasai, president of the Thai Shrimp Association. Read more of this post


4 solutions to stabilize and boost Pangasius export

At the Meeting of Pangasius enterprises on 25th April 2011, the VASEP and its members were determined to speed up four solution s to stabilize and boost Pangasius export. 

In the first three months this year, Pangasius exports increased by 5.2 percent in volume and 21.6 percent in value against the same period last year. In comparison with Q1/2010, Pangasius export price was up 25 per cent. Chairman of VASEP’s Freshwater Fish Committee (VFFC), Mr. Duong Ngoc Minh, said this reflected higher demand in worldwide markets.
4 solutions
It is reported that 4 solutions to stabilize and boost Pangasius export, which were approved at the Pangasius Exporters Meeting on December 02, 2010, have been implemented simultaneously. Read more of this post

Whiteleg Shrimp Conference

The white letg shrimp planning in the Mekong Delta should be amended was what echoed by administrators, businesses and farmers during the Whiteleg Shrimp Conference in SOc Trang last April. 

How much whiteleg shrimp being produced in the Mekong Delta?
According to MARD, total whiteleg shrimp production in 2010 was 135,000MT. Its export value hit US$414.6 million, claiming 20% of the shrimp export and 8% of total seafood export of Viet Nam. Despites its important role, the species was not allowed to be farmed in the Mekong Delta until 2008. And so far, whiteleg shrimp farming is still a controlled industry in Viet Nam.
Dr. Ho Quoc Luc, Chairman of VASEP Shrimp Committee (VSC) and CEO of FIMEX said the shrimp processing plants in Soc Trang – a province with modest number of shrimp processors compared to others in Mekong Delta, particularly Ca Mau – alone gobbled up 50 tons of whiteleg shrimp each day. Read more of this post

Shrimp farming in Kien Giang

Kien Giang Department of Agriculture and Rural Development said the Province has stocked shrimp in an area of 83,507 ha of brackish water surface, up 4.23% over the same period last year.

The industrial shrimp farming area reaches 1,285ha, improved extensive farming area 16,263ha, and rice-shrimp farming area 65,959ha. Shrimp develop well in most areas. Some have been harvested and yielded high profit. Shrimp output in the first five months of the year reached 9,465MT. Read more of this post

Dong Thap: Pangasius export up 42.7 % in volume

Pangasius export reached US$ 319 million, up 43% y-o-y

Despite the turbulent economic situation which adversely affecting Pangasius farming, Dong Thap reported itsPangasius output exceeded 357,000MT, fulfilled 100.99 percent of the yearly plan. Pangasius export reached US$319 million, up 42.7 percent year-on-year.

The provincial fishery association has been actively joining hands with relevant sectors to hold training courses forPangasius farmers and encourage them to comply with BMP, GAP, Global GAP standards. It has also made efforts to tighten the solidarity and unity among its members in production, marketing and social activities.


Source: Dong Thap Newspaper


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