Scallops Hit New Record Price in New Bedford
The market for U.S. origin Atlantic sea scallops continues to break records as severely constrained supply entering the market is met with continued active demand. The entire Urner Barry scallop complex including all sizes (U10, 10/20, 20/30) and moisture contents (all-natural, dry, processed) is firm at record highs at the start of the holiday season, a time when fishing efforts continue to wane due to shorter days and seasonal storms interrupting trips.
Unwavering demand is seen from both foodservice and retail sectors. Reports of pushback on premium prices have...
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