ANALYSIS: The Impact of Labor Issues, Tariffs and More on Imported Scallops
Imported scallops have been making headlines recently and prices are on the move. Below is a recap of the recent market happenings for the scallop markets of China, Japan, Canada and some insight into Peru.
China
The new crop of China bay scallops is pricing at a premium compared to last season's inventory. Increasing labor costs and the 25 percent tariff have brought prices up considerably, while the tight supply of smaller sizes available only adds pressure to the market...
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