Omega Protein Corporation (Public, NYSE:OME) is a processor, marketer and distributor of fish meal and fish oil products in the United States. The Company produces and sells a variety of protein and oil products derived from menhaden, a species of wild herring-like fish found along the Gulf of Mexico and Atlantic coasts.
Omega processes several grades of fish meal, as well as fish oil and fish solubles. Omega's fish meal products are primarily used as a protein ingredient in animal feed for swine, cattle, aquaculture and household pets.Fish oil is utilized for animal and aquaculture feeds.
Accounting for over 70% of the menhaden caught in the United States and over 15% of the nation's total seafood landings. Omega Protein is one of the largest fishing companies in the United States in terms of tonnage, and one of the largest fish meal companies in the world. Omega Protein's 40 fishing vessels and 35 spotter planes are housed at the company's home ports and processing plants in Abbeville and Cameron, Louisiana; Moss Point, Mississippi; and Reedville, Virginia.
Good shrimp landings in May but with low prices United States
The latest statistics on shrimp landings in the Gulf of Mexico published by NOAA indicate that in May 10.3 million pounds of the crustacean were landed, 26.9 per cent below the prior fourteen-year historical average.