All seafood pricing trends are based on Urner Barry data and supplier quotes as of March 21, 2023.
SHRIMP, DOMESTIC
WHITES AND BROWNS:
Urner Barry reported stable pricing, although they report that inventory is only fair.
DOMESTIC PUDS:
Vendors report that a reduction in fishing, due to higher fuel costs, could result in higher pricing and shortages in the near future for smaller PUDs (110/130 and smaller).
SHRIMP, IMPORTED
BLACK TIGERS AND WHITES:
Urner Barry reported that Tigers and Whites are steady, and they think we could be near the bottom, as they report that imports are low.
MEXICAN BROWNS AND WHITES:
Urner Barry expects pricing to be stable next week.
ARGENTINE RED:
Urner Barry expects pricing to be stable next week.
CATFISH
DOMESTIC:
Vendors are reporting good production over the past several weeks. Pricing remains steady to slightly lower, as reported by Urner Barry.
IMPORTED:
Urner Barry reported that pricing is steady.
SALMON
ATLANTIC FARMED SALMON:
Pricing on fresh fillets fell sharply, as reported by Urner Barry. They also report that frozen portions are steady.
MAHI-MAHI
Vendors report that production is coming to an end, and that pricing was flat week-over-week.
SCALLOPS
SEA:
Urner Barry reports lower pricing, with heavy inventory and slow movement. Vendors expected the new pack year to begin in March.
BAY:
Vendors expect pricing to be mostly stable for next week.
TILAPIA
Urner Barry is reporting flat pricing week-over-week, and that inventory positions are in good shape.
PANGASIUS
Urner Barry is reporting stable pricing, and that inventory positions are in good shape.
WHITEFISH COMPLEX
COD:
Vendors expect cod pricing to be slightly lower.
POLLOCK:
Vendors expect pollock pricing to be steady.
HADDOCK:
Vendors expect haddock pricing to be lower in April.
FLOUNDER:
Vendors expect flounder pricing to be flat.
TUNA, YELLOWFIN
(FROZEN STEAKS & LOINS):
Urner Barry is reporting steady pricing. Inventory is improving, according to vendors.
SWORDFISH
Analysts report that swordfish has moved to a steady tone.
KING CRAB
(RED & GOLDEN):
Producers are reporting low inventory, but pricing is stable. Analysts expect this category to remain very tight. There will not be an Alaska Red quota for the 2022/2023 season, as reported by Urner Barry.
CRABMEAT
(BLUE & RED, PASTEURIZED):
Urner Barry reports higher pricing for both Red and Blue Swimming Crab on Colossal, Jumbo, and Jumbo Lump.
SNOW CRAB
ALASKAN:
Currently, there are no offers. The Alaska Fisheries Team has announced there will not be a quota for the 2022/2023 season.
CANADIAN:
Urner Barry is reporting steady pricing on all sizes. Vendors at the International Boston Seafood show reported that they expect Gulf Zones 16 and 17 to open in mid-April, while they expect Newfoundland to open in May. A quota has not been officially announced, but vendors expect a 10% increase in quota.
LOBSTER
NORTH AMERICAN LOBSTER:
Pricing has turned steady, but inventory is getting tight, as reported by Urner Barry.
LOBSTER TAILS, WARM-WATER:
Urner Barry is reporting steady pricing.
LOBSTER MEAT:
Pricing has turned higher, 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.
