![]() The quarantine and stay-at-home order, Cain said, seem to have actually caused demand to increase. “So the closings really haven’t affected restaurant demand." “Traditionally, the restaurants that would push demand don’t really open until mid-May and they’d start fairly slow,” Cain said. The restaurant closures, as well, aren’t affecting demand as much as many thought it would. ![]() “The picking houses are sitting here crying,” Graham said. Graham said he’s in better shape than some, with certain processors practically sitting idle for lack of product. “There simply are way too many people chasing way too few crabs at the moment,” Cain said. Supply and demand has naturally driven prices up as buyers try to get what they can. Poor weather in April stunted the early season, and the amount of crab coming to the docks is miniscule. The reality, however, has been the opposite. Recruitment data taken by the Mid-Atlantic Fishery Management Council had indicated ample crab in the water, leading to expectations that there would be plenty of catch. We’ve never seen that price before, not here.”Īt the start of the season, the fear was that an overabundance of crab would drive down prices paid to watermen in the area. “My retail store is approaching USD 300 a bushel for jumbo crabs, and they’re the first crabs to sell out every day,” he said. Graham said he’s having trouble keeping stock on the shelves, even when he’s charging more for crab than he ever has in the company’s 78-year history. “The mom-and-pop retail stores are absolutely killing it.” “We’re seeing record sales in my retail store every day,” Graham told SeafoodSource. Graham & Rollins has both a retail store selling crab and a processing facility, and on both sides crab prices are extreme. in Virginia, is seeing both sides of the spectrum. It’s probably double the norm.”Įven with restaurants closed down, retail sales of crab in smaller outfits are at record levels. – an online retailer of crab based in Maryland – told SeafoodSource. “Yes, this week last week, the local guys have been getting USD 160 a bushel for number 1’s,” Greg Cain, the founder of Inc. The reality, however, has been completely different, as processors and distributors are paying record-breaking prices for crab at the dock. Initial reports in local media indicated that pricing was off, in some cases, as much as 30 percent, and the fear was that the fishery would be in dire straits. restaurants just as the blue crab season in Virginia and Maryland was getting started had retailers, processors, and watermen afraid that the bottom would drop out of the market. We strive to supply you with the best crabs Mother Nature allows every day.In March, the closure of most U.S. We promise to continue to catch crabs from our very own boats and size them according to the old traditionalstandards. Whether you are a Blue Crab lover or a new customer, you will always have a place to call home at Blue Crab Trading Company. Our staff has decades of experience catching the crabs and steaming them to perfection with just the right amount of spice. No matter where our customers go, we always want to remind them of home.įor our new customers who may have never had blue crabs, we welcome you to the family, and will be here to help you with the entire process. We aim to provide displaced East Coasters with the time honored tradition of gathering together over a table of freshly steamed blue crabs. In an age when many " Old Time Maryland Traditions" go by the wayside, we strive daily to not forget our roots. Blue Crab Trading Company is founded on the principle of providing the freshest possible crabs at a reasonable price.
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