The Winding Glass: Seafood Price Volatility Looms as Russian Bank Sanctions Hit Crab, Groundfish
[The Winding Glass is the opinion and commentary column from John Sackton, Founder of SeafoodNews]
This was the March we were supposed to get back to normal. The pandemic is receding. Demand for seafood is high, and prices for crab and lobster are at record levels and groundfish prices are strong.
Before last week, the most pressing issue for the crab industry was how to negotiate a smooth climb down from the historically high prices, which have stifled customer demand and led to growing inventories...
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