ANALYSIS: Supply Issues in the Squid Market
When looking at the latest data for squid imports into the country, volume not only is outpacing the previous two years, but is even outperforming the previous five-year year-to-date average of 94.6 million pounds, reporting 95.4 million pounds from January through August of this year. Additionally, 2021 volume paces only 18.3 million pounds behind the highest recorded YTD volume from 2017.
Despite the appearance of import volume being in pretty good shape during a pandemic year rattled with logistical issues, supply is reportedly short...
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