Mahi Coming Off Menus With 2016/17 Season a Bust, US Inventories Limited and Market at Record Highs
SEAFOODNEWS.COM by Michael Ramsingh - March 8, 2017
Mahi is starting to come off of restaurant menus in the US this year since the 2016/17 fishing season in Central and South America was a bust, which has limited inventories in the US market, pushed frozen wholesale markets to record levels and sent fresh prices to abnormally high prices for this time of the year.
Weather and Climate conditions have pushed Mahi further offshore from Ecuador, and because of all the decomp refusals by the FDA, Ecuador boats have been reluctant to spend the time and money required to fish farther offshore as they are not confident they can maintain their product.
Mahi imports finished 2016 down 10 million pounds from the previous year. But the Central and South American fishing season generally runs from October to around March depending on lunar cycles. ..
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