The Winding Glass: Walking the Tightrope of Survival
There is a path through this, but it is like staying on a tightrope, with the slightest mistake causing a disastrous fall.
The issue is not a decline in price. We have lived with volatility before. The issue is how to adjust to structural changes where some distributors estimate 20% to 40% of their foodservice customers will never reopen, and more and more companies try and put seafood through the retail channel.
The second issue is to avoid outcomes that permanently devalue a product. The poster child for this is lobster...
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