ANALYSIS: Surge of Canadian Halibut Pushing Prices Down to Five Year Low
SEAFOODNEWS.COM [SeafoodNews] by John Sackton and Liz Cuozzo – May 16, 2018
Fresh Atlantic halibut is trading at a five year low, and it is affecting prices for Pacific halibut as well, which are also at five year lows. The last time Pacific Halibut was quoted by Urner Barry below $6.50 for 10-20 lbs. dressed halibut was in 2013.
The primary driver is the loss of much of the East Coast market to Pacific Halibut. This is because Canadian production continues to increase ...
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