ANALYSIS: Squid Imports Lowest in Over 20 Years
The imported squid market is experiencing record low year-to-date imports in over 20 years. So far this year, from January through July, squid imports total 52.4 million pounds while the previous 5-year YTD average for the same timeframe is 86.4 million pounds, a 34-million-pound deficit. Not since 1999 when import volume totaled 47.2 million pounds have we seen imports this low for the first seven months of the year.
Replacement prices overseas remain elevated due to the...
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