Turmoil in Crab Markets as Supply Drops, Along with Retail Customer Interest
Dungeness crab prices rose with increased market demand while domestic snow crab sales brought the lowest prices in five years this past summer, in a struggling commercial shellfish industry plagued by climate change, a global pandemic, supply chain issues and international politics.
Prices for a diminished supply of wild Alaska snow crab meat were all over the board, from $74.95 a pound at Pike Place Fish Market in Seattle to $33.95 a pound at 10th &M Seafoods in Anchorage, while the seafood counter at New Sagaya in Anchorage offered Russian snow crab meat for $25.99 a pound.
West Coast whole Dungeness crab was in the spotlight at Pike Place Fish Market, with intermittent sales dropping the price for two pounds of legs and claws from $69.98 to $52.49 and other retailers, like Cost...