ANALYSIS: May US Shrimp Imports Land at Low End of Model Range as June Estimates Point Higher
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May official US shrimp imports came in at 152.9 million lbs., at the low end of the revised model range of 151.1–170.9M lbs. published in the June 22nd edition, and close to the original mid-estimate of 150.5M lbs. The original estimate proved the closer call; the subsequent revision pushed higher than the data ultimately supported, though the directional read was correct. May landed within the published range, which reflects the margin of error each estimate carries...
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