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Seafood suppliers forced to adjust to rapidly changing market conditions

March 30, 2020 — U.S. seafood suppliers are working to quickly shift from foodservice to retail and direct-to-consumer channels as they deal with the immediate impact of coronavirus disease (COVID-19) on their businesses.

Filer, Idaho-based Riverence Holdings LLC, which acquired farmed trout producer Clear Springs Foods in February, is realizing a significant loss in business due to its heavy focus on the foodservice sector, according to Riverence Director of Communications Gabe Watkins.

Read the full story at Seafood Source

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