Snow crab prices inch downward

 Economic factors continue to pressure frozen crab sales and keep prices in check in the U.S. market. Buyers report that Alaska's resource is in good shape and the crab is attractively priced.

"Snow crabs were going for around USD 3.75 [a pound], f.o.b. Seattle, for truckloads," said one West Coast broker. "It's down a bit from last year, but given the economy it's really not horrible." Processors agreed to pay fishermen USD 1.10 a pound, down from the advance price of USD 1.40 last year.

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