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.
Tariffs are pushing up input costs, with fertilizer prices rising $100 per ton and machinery costs climbing due to steel and parts duties.
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