ANALYSIS: Unsettled 2019 Scallop Season Start
The market for U.S. origin Atlantic sea scallops remains unsettled at the start of the 2019 fishing year which began on April 1, 2019. With consecutive days of landings over the 200,000 lb. mark, the industry is split. Some are taking a step back, allowing for the raw material market to stabilize before adjusting their prices, while others promote discounts with the abundant landings typical of the season opening.
Inventory holdings play a key role when determining price adjustments at the start of the...
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