ANALYSIS: Snow Crab at Retail Heats Up

The Canadian snow crab market in the U.S. has seen 2023 product out of the Gulf of St. Lawrence. And as of this writing with data from May 24, just under 85 percent of the quota has been caught. Pricing has been very steady for the past five weeks since the open of the Gulf on 5-8s. Gulf 8 and 10-ups have seen upward pricing pressure and quotations adjusted higher May 23.
Out of Newfoundland, the stalemate has ended, and fishing has begun...
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