Les Hodges: Market Access Becomes the New Measure of Value
The defining issue in the global crab market is no longer production alone. Across every major producing region, the ability to access the highest-value markets is becoming a more important factor of profitability than the size of the harvest itself. Biological conditions continue to improve in Alaska, Norway remains constrained by lower king crab quotas, Russia continues directing premium live product into Asia, and Japan is finding it more difficult to compete for available supply. The result is a global market increasingly shaped by tariffs, sanctions...
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