News Summary November 5, 2026
Today's Top Story: Alaska Crab Takes Center Stage for the Holiday Season. Norway Sets Up for Bigger 2027
Alaska crab is taking center stage for the holiday season as Bristol Bay red king crab harvesters wrap up quotas and move to a much larger Tanner crab allocation, which has nearly tripled to 32.1 million pounds, even as Norway sets up for a bigger 2027 with a recommended red king crab quota that would exceed Alaska's current Bristol Bay TAC and a 35% increase in snow crab quota to 16,594 metric tons. Russian catches are also rising sharply, with roughly 78% of reporting vessels producing live crab destined mainly for China and South Korea, while Canada's finished snow crab season leaves US buyers watching how quickly existing inventory moves through distribution as Alaska's new production arrives...
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