ANALYSIS: Unsettled Scallop Market
Heading into the fourth month of the 2019 Atlantic sea scallop season, the current market is quite unsettled. U10 landings are still abundant, however slightly less than the volumes we were seeing a few weeks ago. Of this volume, there is a very limited amount of A+ quality, with the majority of the product falling below that.
With a healthy supply of product, producers are able to act more competitively, offering enticing discounts in an effort to gain a larger share of the market. However, those that hold the limited higher quality product are...
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