ANALYSIS: U.S. Salmon Market Sees Increased Supplies In Response to Russia's Invasion of Ukraine
At the onset of Russia's invasion of Ukraine it was unclear how the farmed salmon complex would respond. Now, two weeks into the conflict, we observe that the U.S. salmon market has seen increased supplies from all of the European salmon producers. Over the past two weeks the Norwegian whole fish market has moved lower, down 11 percent on 6-7s Norwegian whole into the U.S. market.
The increased supplies out of Europe have in turn made...
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