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SHRIMP FUTURES ADVISORY COMMITTEE NAMED BY MINNEAPOLIS GRAIN EXCHANGE

 MINNEAPOLIS, July 9 /PRNewswire/ -- Several key seafood industry executives from around the country are part of the Shrimp Futures Advisory Committee named today by the Minneapolis Grain Exchange. Exchange President James H. Lindau said the committee will serve to continue the dialogue between the seafood industry and the Exchange which will begin trading the only seafood futures contract in the world on Monday, July 12.
 "The composition of this Committee indicates the commitment of the Exchange and the shrimp industry to making the shrimp futures contract an intergral part of the seafood marketplace," said Lindau. The Shrimp Advisory Committee Members are:
 Mr. Carlos Torralbo Mr. David Larson
 Product Manager - Imports President
 Clouston D.A. Larson Co.
 Lachine, Quebec Minneapolis, MN
 Mr. Burt Faure Mr. James Clarke, Sr.
 Chairman President
 Empress International J.F. Clarke Corporation
 Port Washington, NY Lake Success, NY
 Mr. Gordon Sanford Mr. Jack Sahlman
 Comptroller President
 Caribe Marikultura N.V. Sahlman Seafoods, Inc.
 Fremont, CA Tampa, FL
 Mr. Nick Marino Mr. Gary Edwards
 U.S. Representative Operation Manager
 Seafood Packers Association Cargill Fisheries Products
 Largo, FL Minneapolis, MN
 Mr. Edward Smith Mr. Martin Barry
 Senior VP Planning & Control General Manager
 Tampa Maid Port Newark Refrigerated Warehouse
 Tampa, FL Port Newark, NJ
 Mr. Mauricio Borgonovo Mr. Steve Lyons
 President Sales Representative
 Midland Services, Inc. Americold
 Miami, FL Watertown, MA
 Mr. Eduardo Egas Mr. Kent Horsager
 Executive Director President
 Fedecam Horsager Trading
 Guayaquil, Ecuador Minneapolis, MN
 Mr. Dave Light Mr. Mauricio Laniado
 General Manager President
 Berdex International, Inc. Pacific National Bank
 Seafood Products Group Miami, FL
 Blue Bell, PA
 Mr. Bob Rosenberry
 Publisher
 Aquaculture Digest
 San Diego, CA
 Key facts about shrimp:
 -- Shrimp consumption in U.S. up 70 percent in last decade.
 -- Per capita shrimp consumption in U.S. was nearly 3 pounds in 1991.
 -- The U.S. alone consumes more than 800 million pounds of shrimp annually.
 -- Americans eat shrimp all year long, but seasonal demand increases around Lent, Christmas, and the Superbowl - only in America.
 -- Aquaculture accounts for about 30 percent of world production -- a record number.
 -- Western Hemisphere aquaculture production increased from 13 thousand metric tons in 1980 to approximately 129 thousand metric tons in 1992.
 -- Eastern Hemisphere aquaculture production increased from 78 thousand metric tons in 1980 to approximately 591 thousand metric tons in 1992.
 To obtain a "Shrimp Facts & Futures" booklet call 800-82-SHRIMP.
 -0- 7/09/93
 /CONTACT: Albert Maruggi of Minneapolis Grain Exchange, 612-338-6212/


CO: Minneapolis Grain Exchange ST: Minnesota IN: AGR SU: PDT PER

DS -- MN008 -- 9930 07/09/93 12:59 EDT
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Date:Jul 9, 1993
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