ANALYSIS: Snow Crab Market Sees Pace of Price Slow; Demand Remains Active
For the first time in four weeks, the Newfoundland and Gulf snow crab market did not adjust higher. All sizes held full steady across both locations. However, higher offers are still noted heading into the long weekend in the U.S. for Memorial Day.
Overall supplies out of Canada remain tight when coupled with a still active demand for crab in the U.S. marketplace. Market participants report that both foodservice and retail have had active buyers throughout the season...
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