ANALYSIS: Snow Crab Continues to Weaken Ahead of Open
The snow crab market continues to see lower pricing across all sizes. 8s and 10-ups appear to be under the most pressure with pricing dropping significantly earlier this week. 8-ups out of Newfoundland are 24.3 percent lower in comparison to the end of February this year and 51.1 percent lower than the same time last year.
These larger sizes of snow crab are, from a historical perspective, a smaller percentage of the catch out of Canada. Due to the smaller volume of these larger crab...
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