High Priced Crabmeat is Leading to Record Prices on Lower Grades, as Buyers Trade Down
SEAFOODNEWS.COM [SeafoodNews] by John Sackton and Angel Rubio – May 9, 2018
Blue swimming crabmeat prices are heading back up near their record highs again, as lack of supply continues to hamper sales.
This has led to a significant trading down reaction, as buyer of Jumbo and Super Lump blue swimming crabmeat have switched to alternatives, including both smaller sizes such as backfin and lump, and also from blue swimming crab to red swimming crab.
As a result, prices of the lower grades of blue crabmeat are ...
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