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Mariana Farhat

Mariana Farhat

Market reporter at S&P Global (Platts) specializing in the global shrimp and agricultural commodities markets.

Sep 22, 2026

2:10
How do you think it is affecting the shrimp trade?
2:14
I think the first thing I'd say is that El Nino is often misunderstood.
2:20
So people tend to think it's a simple story like bad weather means less shrimp and higher prices.
2:28
But what's happening in Ecuador is much more complicated than that.
2:31
The impact actually starts long before we see anything in export prices.
2:36
One thing I have heard repeatedly from producers is that rain isn't necessarily good or bad by itself.
2:43
And the real issue is how quickly conditions change.
4:46
So how are the traders and exporters preparing themselves for these changes?

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