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US scallop prices still in ‘sawtooth’ mode; U-10s less common

April 29, 2019 — Steven Costas has an expression that he uses when talking to his buyers about the period that typically follows a month or more after the new Atlantic scallop season opens: “the beginning of price discovery”.

It’s when the up and down “sawtooth” pattern of prices begins to flatten out, and more consistently stay on the lower end, explains the account executive at Marder Fresh & Frozen Sales, a seafood wholesaler based in New Bedford, Massachusetts.

That could be what’s beginning to happen for 10-20s, the most common size of scallops landed, at the big New Bedford auction more than three weeks into the season, reveals a review of prices by Undercurrent News. However, the teeth of the saw remain pretty pointy for big scallops – sizes 10 and 12 – as they’ve not been as easy to find as the beginning of last season and, as a result, are commanding higher stickers.

Read the full story at Undercurrent News

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