ANALYSIS: 5-8s at 5-Year Low; Buying Opps Up For Snow Crab

The Canadian snow crab market continued to adjust lower throughout this past week on all sizes. 5-8s adjusted down another 3.1 percent from last week and down just about 30 percent from the beginning of May 2022. Overall, market participants have reported that demand has seen some improvements as more buyers participate in buying crab this season, but many still report that movement is still nothing like it has been in past years.
Pricing is at 52-week lows and is now at...
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