ANALYSIS: Frozen Whiting-Record Prices and Tight Whitefish Supplies Heighten Concerns Ahead of Lent
Frozen whiting prices have continued their upward trajectory, reaching record levels as constrained supplies and elevated replacement costs lend support to the market. Since May, imported whiting fillet prices have advanced from approximately $2.35/lb to $2.70/lb in October, an increase of nearly 15%. Current values are also 14.9% above year-ago levels and approximately 20% above the five-year October average, highlighting the extent of the market's strength despite a generally cautious buying...
To Read Full Story Login Below.