ANALYSIS: Farmed Salmon Taking a Hit as COVID-19 Cases Increase Around the Country
Farmed salmon has begun to take a hit from restaurant closures and upticks in COVID-19 cases around the country. Last week the whole fish markets out of both the Northeast, West Coast, and Chile adjusted drastically lower. 12-14 West Coast Seattle whole dropped 10.3 percent from last week or $0.30.
After a large uptick from almost all farmed salmon items from the middle of June through the week of July 4, the market appears to be dealing with an oversupply situation...
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