News Summary August 11, 2026
Today's Top Story: Crab Supply Recovery Meets Demand Reality
Kicking things off today, Les Hodges argues the global crab market has shifted from a supply problem to a demand problem — record Canadian snow crab shipments of 37.1 million lbs in May and 31.5 million lbs in June have largely restored US availability, but with Canada now accounting for more than 90% of US snow crab imports and only about 2 million lbs moving to Asia through June, the US market is carrying the full weight of absorbing the 2026 harvest. The central question heading into the second half is whether inventories are moving to consuming accounts or building in cold storage — a distinction that will determine pricing and market direction through year-end...
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