ANALYSIS: Blue Swimming Crab Market Adjusts to Less Demand, Higher Imports
Similar to other crab markets blue swimming crab meat adjusted lower on some grades throughout the week to begin February 2022. Demand in the U.S. has been lackluster for crab meat at both foodservice and retail; paired with higher imports, in comparison to the 3-year average, throughout the past 7 months. Prior to this scenario, however, imports of crab meat had been trending well below the 3-year average for the first half of 2021 and almost all of 2020. Therefore, many importers reported that...
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