Market is Awash in Fresh Venezuelan Crabmeat

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The fresh HPP jumbo lump price has fallen 25% in the last three weeks, well under the $25 mark. Lake Maracaibo is chock full of blue crabs (Callinectes sapidus), the identical genus and species that swim in our Chesapeake Bay.
And the “high season” for catching crabs is not even here yet.

April and May are traditionally when the crabs come on strong in the Lake. Based on that assessment, we believe the price of jumbo lump will be under the $25 mark for at least the next three months and most likely extend through June.

Prices are subject to change.