Weekly Reports

Updated 08/30/10 – 12:08pm

In the fish world this week:

Salmon – The wild fish continue this season’s excellent run in the northwest which understandably is causing demand to slacken on our farmed Kings from New Zealand and Atlantics from Tasmania.  These will remain consistent on the supply side as we move into autumn and the wild fish come to a close, prompting our client base to switch back to these premium farmed species. 

Pelagic Species – from the tropical pacific have been pretty consistent throughout the summer.  Mahimahi and Ono have been available most of the summer which has helped fill demand in an overall tight market for both species. Opah and Escolar, though less consistent, have been moving well also.  Tahiti has chimed in to fill most of the Albacore demand of late, while our Australian friends have pitched in from time to time as well.  Supply from all our export partners in the area has overlapped pretty nicely through the summer months and we’ve been able to (for the most part) remain consistent in meeting demand.

Tuna and Swordfish – have seen strong pricing all summer as supplies have remained tight for the most part. This shows no signs yet of loosening up, so keep your hands on your wallets!

Mahi - Finally prices are coming down to reasonable margins,  $4.50/lb to the distributors for large mahi out of both the South Pacific and Central/South America  and expected to decrease even more- possibly another dollar per lb over the next two weeks as we see other origins kick in- specifically Brazil and Ecuador and a larger amount out of Guatemala and Mexico.
 
Grouper/Sea Bass -  Along with Sword, is about the only item that is moving at a steady clip due to lack of inventories.  Complicated by the Gulf oil spill situation and very small imports from Mexico.  We are moving decent amounts of Australian Sea Bass/ Barramundi out of Indonesia in fillet form, Head on Black and Red/Pink Grouper out of Panama as well as the large Corvina.  Both the Blue Nose and Groper out of New Zealand have been sporadic due to winter weather in New Zealand but surprisingly more fish landing than expected for this time of year.