Crab Demand Remains Behind Supply
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It looks like we are in for a bumpy road. If the U.S. economy shrinks in 2023 no one should be surprised. The Fed has raised interest rates six times in 2022 and is expected to increase another 0.50% at the December meeting. The regular Wall Street Journal survey finds economists think there is a 63% chance of a recession next year. The October NOAA Census data released today tells a compelling tale on both snow and king crab. U.S. snow crab imports continue to disappoint. October imports from...
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