My understanding is that SHMP is selling 23-gram average shrimp, which is about 20 per lb HEAD ON. When you say that other shrimp farmers are getting $18 per lb for "their shrimp", are we talking apple to apples. Are those farmers selling 23-gram average shrimp HEAD ON (20# per lb) for $18? I ask because that doesn't qualify as "Jumbo" shrimp as I understand the terminology. JUMBO shrimp is 16 to 20 per lb HEAD OFF.
This is one of the issues and ambiguities that SHMP's harvest report is going to have to address.
I have spent many hrs doing DD. Google Purdue University Shrimp Farming Study. EVERYTHING u could want to know is there....except the fact most farms stock tanks with double the number of baby fry they expect to survive due to high mortality rates. IF Shrimpinc has near zero mortaltiy it's a game changer. Current cost to stock the tank is the highest cost-24% of cost to harvest! That would be cut to 15% with low mortality rates.
Purdue's charts show 20% mortality as the highest possible outcome, knowing no farms hit that number! GAME CHANGER for costs to produce a crop to harvest
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