ANALYSIS: Supply Issues Part 2: Pricing and Demand For Crab, Shrimp and Other Species

Urner Barry’s seafood market reporters have been talking at length with their contacts about supply constraints. Yesterday we reported on the issues facing multiple markets, including crab, octopus, scallops, shrimp, lobster, mahi, and tilapia. Today we’re looking at the impact that these supply constraints have had on pricing and demand.
King crab, snow crab and crab meat have all done extremely well at retail in 2020 and are maintaining good demand into 2021. But as noted in yesterday’s analysis, there has been limited supply for...
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