ANALYSIS: Blue Swimming Crab Meat Market Adjusts Lower
The crab meat market for blue swimming crab continues to adjust lower. The market has trended lower across the complex on most grades since the beginning of 2022. We appear to be watching a market correction lower.
Several factors are attributing to this correction, the main being increased supply and reduced demand. As crab meat rose throughout 2021, users began to buy more cautiously and take crab meat off of their menus.
Imports are also much higher than previous years. In the first...
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