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Tuesday, March 19, 2024

Explosion in Search Traffic for “Shrimp Futures” and Related Terms

Explosion in Search Traffic for “Shrimp Futures” and Related Terms

Courtesy of Joshua M Brown, The Reformed Broker 

Shrimp boats sit idle, as all activities were called off due to inclement weather conditions in Venice, Louisiana

The big story of national interest this weekend was the worsening ecological sitch in the Gulf, specifically as it pertains to the seafood industry. The waters may be unsafe for shrimping for longer than what we had initially thought, and people are apparently searching high and low for a way to play this crisis financially.

Ain’t that America?

Anyway, I had accidentally predicted this development last Friday with my post Shrimp Futures Soar on Gulf Oil Spill.  It was a sardonic yet prescient piece of writing in which I quoted a fictional spike in the ‘Shellfish Index’ and mentioned the trading activity on the ‘New York PrawnEx’.

Well, a glance at my blog’s backend statistic page tells an interesting tale this morning – the search engines are being flooded with speculators and investors looking to play the potential scarcity crisis in gulf shrimp.  Viewers are being directed to my site when placing the following queries in the Google search box:

  • "Shrimp Futures"
  • "How can I buy shrimp futures"
  • "Trading shrimp"
  • "Gulf shrimp crisis plays"

will lament the fact that I have no way to express the shrimp trade for my own benefit. Shorting Darden ($DRI), the owner of Red Lobster, had crossed my mind, but I think most of their shellfish is frozen, farmed or fake anyway.

Holler at me if you have any interesting plays, I’m looking around but have come up with nothing so far…

Meanwhile, having a website that’s search engine optimized and relevant for the term "Shrimp Futures" is my crowning achievement as a blogger.

Read Also:

Shrimp Futures Soar on Gulf Oil Spill (TRB)

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