SEAFOOD TRENDS

Farmer's Report

Seafood Trends - December 2, 2022

All seafood pricing trends are based on Urner Barry data and supplier quotes as of November 29, 2022.

SHRIMP, DOMESTIC

WHITES AND BROWNS:

Urner Barry reported steady pricing across all sizes for Browns and Whites. Vendors report that a reduction in fishing, due to higher fuel costs, could result in higher pricing and shortages in the near future.

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 (70/90 and smaller).


SHRIMP, IMPORTED

BLACK TIGERS AND WHITES:

Urner Barry reported lower pricing across the complex of Tigers and Whites.

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 few weeks. Pricing remains steady, as reported by Urner Barry.

IMPORTED:

Urner Barry reported lower pricing, due to lower ocean freight costs.


SALMON

ATLANTIC FARMED SALMON:

Pricing on fresh fillets was down slightly, as reported by Urner Barry. They also report that frozen portions are steady.


MAHI-MAHI

New production is in process, and pricing is steady, per Urner Barry.


SCALLOPS

SEA:

Urner Barry expects the market to be mostly stable for frozen product next week.

BAY:

Vendors expect pricing to be mostly stable for next week.


TILAPIA

Pricing is reported by Urner Barry to be down, due to lower ocean freight costs.


PANGASIUS

Pricing will be down slightly, due to lower ocean freight costs, and inventory is good, as reported by Urner Barry.


WHITEFISH COMPLEX

COD:

Vendors expect cod pricing to be mostly steady.

POLLOCK:

Urner Barry expects pricing to be mostly stable, as inventory remains short.

HADDOCK:

Vendors expect pricing to be mostly steady.

FLOUNDER:

Vendors expect pricing to be mostly steady.


TUNA, YELLOWFIN

(FROZEN STEAKS & LOINS):

Urner Barry is reporting steady pricing. Inventory is improving, per 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 that both Blue Swimming Crab and Red Swimming Crab should be steady next week.


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, but some vendors have raised their prices, due to low inventory.


LOBSTER

NORTH AMERICAN LOBSTER:

Pricing has turned to a steady tone, as reported by Urner Barry.

LOBSTER TAILS, WARM-WATER:

Urner Barry is reporting steady pricing.

LOBSTER MEAT:

Pricing has turned to a steady tone, 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.