Hodges: Fall Crab Supply Improves. Buyers Remain Selective
October’s National Seafood Month provides a timely opportunity to promote seafood and begin planning holiday purchases. For the crab industry, the fall outlook brings encouraging news from Alaska, limited uncommitted Canadian snow crab inventory, and continued growth in Norwegian snow crab shipments to the United States. The opportunity is there, but consumer response to current prices will determine how much additional business develops.
Alaska’s new allocations are a particularly positive development, led by a major increase in Bering Sea Tanner crab. The combined eastern and western allocations total 32.1 million pounds...
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