The Andhra Pradesh government in India has announced that the feed rate for Indian Vannamei shrimp will be reduced by USD 0.03/kg (₹2.60/kg), and the minimum purchase price per kilo will be standing at USD 2.91/kg (₹240/kg) for 100 counts in W41. Further price changes in feed or material will have to be approved by the government. Farmers are satisfied with this change to control feed prices since any feed manufacturers wanting to increase prices have to get approval from the Indian government. This is forecasted to impact the prices of Indian Vannamei in the international market in the upcoming 2023 season.
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