Seafood Markets Mixed As Tariffs Drive Import Costs

Producers and processors should watch trade policy closely as tariff impacts ripple through seafood markets.

CATHERINE_PUCKETT_19_06_06_US_RI_OYSTER_WENCH_0008.jpg

Catherine Puckett (FarmHER S4, E8)

FarmHer, Inc.

NASHVILLE, Tenn. (RFD-TV)— U.S. seafood markets are showing a blend of stability and firmness this week, according to Urner Barry.

Domestic shrimp prices are steady to firm as production slowly increases, while domestic browns remain steady but with a less-than-adequate supply.

Imported shrimp markets continue to climb, especially black tigers and whites, as tariffs and replacement costs push prices higher. Mexican shrimp markets are steady ahead of the new season, while Argentine red shrimp remain stable.

Catfish, both domestic and imported, are holding steady, though imports face tighter supplies. Atlantic farmed salmon prices are steady, while mahi-mahi and pangasius are firm on limited production and tariff-related costs.

In the whitefish complex, cod, pollock, and haddock all face supply challenges with steady-to-firm pricing. Premium species show similar trends: red king crab and Alaskan snow crab are strengthening on short supplies, lobster tails are firm, and lobster meats are seeing price increases.

Tony’s Farm-Level Takeaway: Seafood buyers face rising costs on imported shrimp, crab, and some premium species due to tariffs and supply shortages, while domestic shrimp and catfish remain relatively stable. Producers and processors should watch trade policy closely as tariff impacts ripple through seafood markets.
Related Stories
This week on Champions of Rural America, Congressman Nick Begich discusses the lease sale, its economic impact, and what it could mean for future energy production in Alaska.
SoilView’s Chris Nelson explains why soil testing is essential, how it enhances nutrient management, and why growers should focus on data-driven strategies to guide planting and fertilization this year.
National Association of Wheat Growers President Jamie Kress discusses how rising fertilizer prices pressure wheat producers and the Administration’s consideration of lowering duties on Moroccan phosphate.
manage risk as milk price volatility increases.
Strong beef demand is offsetting weaker cash cattle.
Brazil logistics issues may support U.S. soybean demand.

Tony St. James joined the RFD-TV talent team in August 2024, bringing a wealth of experience and a fresh perspective to RFD-TV and Rural Radio Channel 147 Sirius XM. In addition to his role as Market Specialist (collaborating with Scott “The Cow Guy” Shellady to provide radio and TV audiences with the latest updates on ag commodity markets), he hosts “Rural America Live” and serves as talent for trade shows.

LATEST STORIES BY THIS AUTHOR:

Shaun Haney, host of RealAg Radio, joined us to break down the latest data on Canadian farmland values and share insights on how it impacts producers.
Lewis Williamson, from HTS Commodities, joined us to share insights on the farm economy from producers in the field.
Key signs of the U.S. beef herd’s recovery are improved pasture conditions, lower feed costs, and increased regulatory alignment and support for producers to implement targeted grazing practices.
Dr. Mark Svoboda with the National Drought Mitigation Center discusses a new global drought report and resources to help operations increase drought resilience.
Treat financial stress as a health risk—know the warning signs, normalize conversations, and connect farm families to local and national support early.
Congress has just over a month of working days left for the year. Plan for uneven USDA service until funding is restored, and closely monitor Farm Bill talks, as avoiding Permanent Law before January 1 is the single biggest risk to markets and milk prices.