SEAFOOD TRENDS

Farmer's Report

Seafood Trends - December 3, 2021

All seafood pricing trends are based on Urner Barry data and supplier quotes as of November 30, 2021.

SHRIMP, DOMESTIC

WHITES AND BROWNS:

Pricing moved up on the 16/20 size, as reported by our vendor. The Brown shrimp catch is now complete, and inventory is being gathered for allocations.

DOMESTIC PUDS:

Pricing moved up across all sizes of shell-on product, as reported by our vendor. PUDs are steady this week.


SHRIMP, IMPORTED

BLACK TIGERS AND WHITES:

Urner Barry is reporting stable pricing.

MEXICAN BROWNS AND WHITES:

Urner Barry is reporting a lack of inventory with firmer prices.

ARGENTINE RED:

Urner Barry is reporting stable prices, despite firm inventory.


CATFISH

DOMESTIC:

Production is reported as being a challenge, due to labor issues. Some vendors are allocating product. Pricing is steady this week, according to Urner Barry.

IMPORTED:

Urner Barry is now reporting stable pricing.


SALMON

ATLANTIC FARMED SALMON:

Pricing will be stable for next week after moving higher recently, as demand is strong and inventory in the U.S. is limited, according to analysts.


MAHI-MAHI

Pricing will be stable after moving higher recently, as demand remains strong, according to analysts.


SCALLOPS

SEA:

The market will be stable for next week, as strong demand continues along with limited supply, according to analysts. U-10 scallops are reported by Urner Barry as being very tight.

BAY:

Pricing will be moving up, according to vendors. 


TILAPIA

Pricing is stable this week, as reported by Urner Barry.


PANGASIUS

Pricing will be stable for the week, according to Urner Barry. Vendors are reporting that by the end of Q1, there could be a shortage on smaller fish.


WHITEFISH COMPLEX

COD:

Pricing will be moving up, driven by higher raw material costs and inflated ocean freight costs, according to vendors.

POLLOCK:

Pricing is now stable at higher costs, with raw material and inflated ocean freight continuing to be key challenges, according to vendors.

HADDOCK:

Pricing will be moving up, driven by higher raw material costs and inflated ocean freight costs, according to vendors.

FLOUNDER:

Pricing is now stable at higher costs, with raw material and inflated ocean freight continuing to be key challenges, according to vendors.


TUNA, YELLOWFIN

(FROZEN STEAKS & LOINS):

Analysts report that the tuna fishery is seeing poor catch rates, which could result in shortages. Prices are increasing and should remain higher through the end of the year, according to analysts.


SWORDFISH

Analysts report that swordfish pricing is stable, and that inventory levels are very good.


KING CRAB

(RED & GOLDEN):

Producers are reporting low inventory and higher pricing. The 2022 Red King Crab season in Alaska has been cancelled. Analysts expect this category to remain very tight.


CRABMEAT

(BLUE & RED, PASTEURIZED):

Analysts report that blue swimming crab prices are moving up, and inventory is very short. Red swimming crab will be stable for next week, but inventory is very tight.


SNOW CRAB

ALASKAN:

Currently, there are no offers.

CANADIAN:

Pricing and inventory are firming, and the announcement of the Alaskan quota will cause the Canadian market to firm, according to analysts.


LOBSTER

NORTH AMERICAN LOBSTER:

Pricing will be moving up on larger tails, as reported by Urner Barry. However, there has been a bit of a decrease on small size tails.  

LOBSTER TAILS, WARM-WATER:

Urner Barry is quoting stable pricing.

LOBSTER MEAT:

Pricing will be stable, as reported by Urner Barry.

The data contained in the Farmer’s Report is provided for informational purposes only, is not tailored to your specific purchasing needs, and is not intended as a substitute for any other publicly-available market data or information. The Farmer’s Report is compiled from the last-received market data provided by the United States Department of Agriculture (USDA) and/or other market sources, and is subject to change without notice. Nothing herein is the opinion of US Foods®. US Foods neither assumes any legal liability nor makes any warranty or guaranty, either express or implied, regarding the completeness, accuracy or usefulness of this information.