SEAFOOD TRENDS

Seafood Trends - August 9, 2024

All seafood pricing trends are based on Urner Barry data and supplier quotes as of August 7, 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 mostly stable markets this week, following some recent price increases.

SHRIMP, IMPORTED

BLACK TIGERS AND WHITES:

Pricing firmed on several sizes this week, according to Urner Barry. Analyst report supply gaps and challenges with ocean freight.

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 stable 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 this week, following some recent increases.

BAY:

Pricing remains stable, as reported by Urner Barry.

TILAPIA

Urner Barry reports stable pricing this week.

PANGASIUS

Urner Barry reports stable pricing this week.

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 mostly stable pricing this week.

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):

Blue Crabmeat pricing is falling, as reported by Urner Barry. Red Crabmeat is reported to be stable, although suppliers report that supply is constrained on the larger cuts of crab.

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, although suppliers are starting to report some firming on all sizes.

LOBSTER

NORTH AMERICAN LOBSTER TAILS:

Pricing is stable for now, according to Urner Barry.

NORTH AMERICAN LOBSTER MEAT:

Urner Barry reports stable pricing this week on CK (claw & knuckle) and CKL (claw/knuckle/leg) meats. Stateside supply is reported as adequate.

LOBSTER TAILS, WARM-WATER:

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