Record Prices and Tariff Pressures Challenge the US Scallop Complex
The scallop market in the US has faced continued challenges in 2025. Low domestic landings continue providing upward pricing pressure, while potentially constrained availability from Canada adds to tight North American supply. A similar scenario played out in 2024, when many market participants turned to Japanese product as a quality substitute for domestic shortfalls.
However, several factors have complicated Japanese product as a supply solution this year. Fishing effort along with overall offers from Japan have been reported as light due in part to lower landings and smaller sizing...
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