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Seafood industry struggles during coronavirus outbreak

Added 04-05-20 01:04:02pm EST - “The seafood industry has been upended by the spread of the coronavirus, which has halted sales in restaurants and sent fishermen and dealers scrambling for new markets” - Foxbusiness.com

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Posted By TheNewsCommenter: From Foxbusiness.com: “Seafood industry struggles during coronavirus outbreak”. Below is an excerpt from the article.

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Harvard professor and former chief economist at the International Monetary Fund Kenneth Rogoff says it's too soon to know the complete economic implications coronavirus will have.

PORTLAND, Maine (AP) — The seafood industry has been upended by the spread of the coronavirus, which has halted sales in restaurants and sent fishermen and dealers scrambling for new markets.

Seafood is a global industry that relies on a complex network of fishermen, processors, buyers and distributors, all of which have been affected by the virus. A lack of demand has sent prices tumbling and led some fishermen to tie up their boats until the outbreak subsides.

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