The Stars of 2021 Lights Have Dimmed - Crab, Lobster, And Scallop All Down
This summer we are finding the highly prized premium seafood are losing pace with other lower value food items, resulting in lower sales and prices. King crab, snow crab, lobster and scallops were major stars for the pandemic and all of 2021. But no longer. Consumer behavior has changed!
The U.S. buyer confidence fell for the 3rd straight month. High prices on gas, groceries, and housing are a key factor. Consumer spending, which accounts for about two-thirds of total economic output, rose only at...
To Read Full Story Login Below.