Surge in Atlantic Scallop Landings Sends Auction Prices and Wholesale Market into Tailspin
SEAFOODNEWS.COM by Michael Ramsingh - May 10, 2017
A surge in scallop landings in March has prices at auction falling faster and harder than expected. These factors have combined to drag down prices in the wholesale market in the first week of May.
In March, Atlantic scallop landings were reported at 3.75 million pounds. This is more than double the monthly figure from last March and is 51 percent higher from the five-year monthly average for the fishery.
Higher landings have caused prices at auction to fall faster and more sharply than usual...
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