ANALYSIS: Blue Swimming Crab Meat Continues Decline Into August
The blue swimming crab meat market continued to adjust lower throughout the week as it has since the beginning of 2022. Current pricing on blue jumbo lump is 27.5 percent lower than the beginning of the year and 13.4 percent lower than the start of the summer season. Summer has from a historical standpoint always been the more active demand period for crab meat as many users flock to the seashore and enjoy crab cakes. But with inventories tough to build during the pandemic and pricing at...
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