SEAFOOD TRENDS

Seafood Trends - July 26, 2024

All seafood pricing trends are based on Urner Barry data and supplier quotes as of July 24, 2024.

SHRIMP, DOMESTIC

SHELL-ON WHITES:

The market is unsettled, as select sizes of large shell-on shrimp are beginning to increase, according to Urner Barry.

DOMESTIC BROWNS:

Domestic Browns are also unsettled, and suppliers report some price firming.

DOMESTIC PUDS:

Urner Barry reported some price firming, due to decreased production resulting from a slow fishing season.

SHRIMP, IMPORTED

BLACK TIGERS AND WHITES:

After some recent increases, Urner Barry reports a mostly stable market for this week.

MEXICAN BROWNS AND WHITES:

Urner Barry reports that pricing is mostly steady, and that supply is limited.

ARGENTINE RED:

Urner Barry expects pricing to be stable next week.

CATFISH

DOMESTIC:

Pricing is stable, as reported by Urner Barry.

IMPORTED:

Pricing is stable, as reported by Urner Barry.

ATLANTIC FARMED SALMON

FROZEN PORTIONS:

Urner Barry reports that pricing for Frozen Chilean Atlantic Salmon is mostly stable this week.

FRESH CHILEAN:

Fresh pricing was down slightly this week, as reported by Urner Barry.

MAHI-MAHI

Pricing is stable this week, as reported by Urner Barry

SCALLOPS

SEA:

Urner Barry reports stable pricing for this week.

BAY:

Pricing remains stable, as reported by Urner Barry.

TILAPIA

Urner Barry reports that pricing is increasing, due to supply challenges and potential freight obstacles.

PANGASIUS

Urner Barry reports that pricing has started to rise, due to ocean freight increases.

Whitefish Complex

COD:

Suppliers report that inventory has started to tighten up. Urner Barry reports that market pricing has started to increase, and will most likely continue to rise in Q3. Suppliers report that these increases are related to the federal ban on fish of Russian origin, as well as increases in ocean freight costs.

POLLOCK:

Suppliers report that inventory has started to tighten up. Urner Barry reports that market pricing has started to increase, and will most likely continue to rise in Q3. Suppliers report that these increases are related to the federal ban on fish of Russian origin, as well as increases in ocean freight costs.

HADDOCK:

Urner Barry reports market price increases for Q3. Suppliers report that these increases are related to the federal ban on fish of Russian origin, as well as increases in ocean freight costs.

FLOUNDER:

Urner Barry reports market price increases for Q3, due to increases in ocean freight costs.

TUNA, YELLOWFIN

(FROZEN STEAKS & LOINS):

Pricing is stable, as reported by Urner Barry. Some vendors report supply chain challenges.

SWORDFISH

Urner Barry reports steady pricing for next week.

KING CRAB

(RED & GOLDEN):

The Red King Crab market is finding strength on all sizes, according to analysts. Supply is reported to be barely adequate to adequate.

CRABMEAT

(BLUE & RED, PASTEURIZED):

Pricing is steady this week on Blue and Red Crabmeat, as reported by Urner Barry.

SNOW CRAB

ALASKAN:

The Alaska Fisheries Team has announced that there will be no quota for 2024.

CANADIAN:

Urner Barry reports stable pricing this week.

LOBSTER

NORTH AMERICAN LOBSTER TAILS:

The Canadian Spring Lobster season has come to an end, and Maine is reportedly off to a slow start, according to analysts. Pricing is stable for now, according to Urner Barry.

NORTH AMERICAN LOBSTER MEAT:

The Canadian Spring Lobster season has come to an end, and Maine is reportedly off to a slow start, according to analysts. Urner Barry reports that pricing has stabilized for now on CK (claw & knuckle) and CKL (claw/knuckle/leg) meats. Stateside supply is reported as adequate.

LOBSTER TAILS, WARM-WATER:

Pricing is increasing on warm-water tails, as reported by Urner Barry.