ANALYSIS: Farmed Salmon Market on the Move
The salmon complex has climbed 5.2 percent from last week. All sectors of the fresh salmon market are experiencing full steady to firming market conditions. In some cases significantly higher offers and sales are noted as well.
From a historical perspective, this is typical leading into Mother’s Day weekend. However, the circumstances around the upward pricing pressure is a bit different than in other years. Supply out of Chile has reportedly been tight over the past few weeks, and heading into next week looks to be lighter as well...
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