Snow Crab Well Over $6.00 in US as Japan Buying in Tatters

SEAFOODNEWS.COM by John Sackton - June 1, 2016
Any attempt to have orderly snow crab sales to Japan from Newfoundland this year has collapsed, in the face of soaring US prices.
This week, Urner Barry is reporting Newfoundland 5-8 sections at $6.10 which is the highest price ever recorded for snow crab in June.
The closest year was 2011, when prices were $5.85 and did not retreat. Between 2012 and 2015, prices fluctuated between $4.75 and $5.10...
To Read Full Story Login Below.