ANALYSIS: Scallop Market Firms Amid Tightening Restrictions
The market for domestic caught Atlantic sea scallops is experiencing all-time record highs or 52-week highs depending on moisture content and size. During the week of Thanksgiving wholesale prices jumped as much as $1.00 on select size counts including all-natural, IQF, 10/20 count sized scallops currently averaging $15.00 per pound.
Factors contributing to the firming prices amid the current pandemic and newly emerging restrictions due to rising COVID-19 cases across the U.S. points to tighter supply...
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