ANALYSIS: Blue Swimming Crab Meat Dips Below 2017 Levels
The blue swimming crab meat market continued to adjust lower this week and all sizes are at 52-week lows. Looking at jumbo lump, we notice that current pricing is 2 percent higher than the 5-year average; compare that to 14 percent higher only a month ago. When looking at pricing on a cyclical basis, current levels have now dipped below 2017 levels.
Heading into Labor Day, demand was reported to be dull by most, with some citing a more fair to moderate demand...
To Read Full Story Login Below.