Alaska snow crab is already in short supply, and buyers are facing the same situation for the Canadian snow crab season, which starts in early April.
Because of the favorable exchange rate on the Japanese yen versus the U.S. dollar, Japanese buyers are contracting a large portion of the Alaska snow crab fishery this year, said buyers. “Japanese buyers are going to buy between 65 and 75 percent of the market. I got every major foodservice house in the country looking for [5- to 8-ounce sizes] an…