SEAFOOD TRENDS

Seafood Trends - June 28, 2024

All seafood pricing trends are based on Urner Barry data and supplier quotes as of June 26, 2024.

SHRIMP, DOMESTIC

SHELL-ON WHITES:

Markets are stable for now, according to Urner Barry.

DOMESTIC BROWNS:

Markets are stable for now, according to Urner Barry.

DOMESTIC PUDS:

Urner Barry reported some price firming, as the fishing season starts to slow down.

SHRIMP, IMPORTED

BLACK TIGERS AND WHITES:

Urner Barry reports that prices for White Shrimp from Asia and Latin America are stable this week, and that demand remains steady.

MEXICAN BROWNS AND WHITES:

Urner Barry reports that pricing is mostly steady.

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:

Pricing remains stable on Frozen Chilean Atlantic Salmon portions, as reported by Urner Barry.

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:

Pricing remains stable, as reported by Urner Barry.

BAY:

Pricing remains stable, as reported by Urner Barry.

TILAPIA

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

PANGASIUS

Urner Barry reports stable pricing for this week.

Whitefish Complex

COD:

Suppliers report that inventory is tightening up, due to the Seafood Determination issued December 22, 2023, which expands the March 2022 federal ban on importation into the U.S. of seafood and other products of Russian origin to include cod. They also anticipate price increases during Q3.

POLLOCK:

Suppliers report that inventory is tightening up, due to the Seafood Determination issued December 22, 2023, which expands the March 2022 federal ban on importation into the U.S. of seafood and other products of Russian origin to include pollock. They also anticipate price increases during Q3.

HADDOCK:

Urner Barry reports that while pricing is stable for now, they anticipate increases during Q3.

FLOUNDER:

Pricing is reported as stable by Urner Barry.

TUNA, YELLOWFIN

(FROZEN STEAKS & LOINS):

Pricing is stable, as reported by Urner Barry, and suppliers are reporting strong inventory.

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 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 will be ending soon, while the season in Maine is scheduled to begin in the next couple of weeks, according to analysts. Pricing is reported to be falling this week, according to Urner Barry.

NORTH AMERICAN LOBSTER MEAT:

The Canadian Spring Lobster season will be ending soon, while the season in Maine is scheduled to begin in the next couple of weeks, according to analysts. Urner Barry reported price decreases this week on CK (claw & knuckle) and CKL (claw/knuckle/leg) meats, and also reported that domestic supply is adequate.

LOBSTER TAILS, WARM-WATER:

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