Rapid Rise, Hard Fall in US Crab Meat Prices Sticks Importers with High Cost Inventories
SEAFOODNEWS.COM by Michael Ramsingh - October 2, 2015
US crab meat importers have been battling with high cost inventory in 2015 as the wholesale market in the last year has been marked by the quickest rise to record highs only to be followed by a hard crash.
In September Urner Barry’s average price for 16 oz. Jumbo Lump pasteurized Thai/Indo crab meat was about $18.00 per pound. The price was a full $5.00 cheaper compared to the average in January...
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