ANALYSIS: Pangasius Imports Skyrocket 122 Percent
The pangasius market has slowly and steadily been rebuilding after a tumultuous few years stemming from a regulation shift in September of 2017 from the FDA to the USDA.
Since then, we saw record high wholesale and replacement prices, rising raw material and administrative costs, and lengthy delays due to new and in-depth inspection processes. In the wake of high prices in 2018, farming of the species increased and U.S. imports were strong. With higher volumes in inventory, and reports of consumption trailing...
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