Why Louisiana's $1.3 Billion Shrimp Industry Could Go Extinct | Big Business

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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

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Why Louisiana's $1.3 Billion Shrimp Industry Could Go Extinct | Big Business | Business Insider