ANALYSIS: Scallop Prices Firming Sooner; Imports Falling
Four months into the 2019 Atlantic Sea Scallop season and prices have already began to firm. Seasonally, the market tends to strengthen closer to the end of the summer season, but this year prices on U/10 sized scallops as well as higher quality all-natural scallops are already seeing an increase in price. As of August 1st, 2019 all-natural U/10 sized scallops average about $13.75 per pound.
A few contributing factors to the upwards pressure are strong auction prices...
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