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

MORE BIG BUSINESS VIDEOS:
How The US' Biggest Garlic Producer Survived The Fall Of American Garlic | Big Business
https://www.youtube.com/watch?v=V9YfnLGoJL8
How The World's Largest Cork Company Makes 22 Million Wine Stoppers A Day | Big Business
https://www.youtube.com/watch?v=k_zBkqBTFtE
How Brazil Dominates Sugar Production Without Burning Fields | Big Business | Business Insider
https://www.youtube.com/watch?v=thXstqQcdQ4

------------------------------------------------------
#shrimp #louisiana #businessinsider

Business Insider tells you all you need to know about business, finance, tech, retail, and more.

Visit our homepage for the top stories of the day: https://www.businessinsider.com
Business Insider on Facebook: https://www.facebook.com/businessinsider Business Insider on Instagram: https://www.instagram.com/insiderbusiness Business Insider on Twitter: https://www.twitter.com/businessinsider
Business Insider on Snapchat: https://www.snapchat.com/disco....ver/Business_Insider
Business Insider on TikTok: https://www.tiktok.com/@businessinsider

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