Pacific Whiting Industry's Banner Year upended by Russian Embargo and Ensuing Uncertainty
SEAFOODNEWS.COM by Peggy Parker - September 10, 2014
Until last month, the US whiting industry was having a banner year with high quotas, strong markets, and good fishing. But in the month since Russia declared an embargo on U.S. seafood, things have unwound. The whiting fleets have not stopped fishing. But they and the packers who buy their fish are beginning to feel pressure in a market that has suddenly shrunk by 15-20%...
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