Imported blue crabmeat shortage sends prices to record highs, US buyers flocking to domestic product
SEAFOODNEWS.COM by Michael Ramsingh - August 27, 2014
Even though US crabmeat imports are above 2013 totals, these shipments have not offset the lack of imported blue crabmeat from Indonesia and the imported market has advanced to record levels this summer. The imported situation has benefited the domestic blue crabmeat industry where healthy demand for product at favorable prices is being reported.
A quick glance at US crabmeat imports through June this year shows shipments are up over 7 percent YTD from 2013. This has happened despite production problems in Indonesia and Thailand...
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