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
China is making strategic moves by purchasing more soybeans from Argentina and may soon follow the EU and reopen its market to Brazilian chicken exports.
Lamb prices have seen a surprising surge driven by a tight supply and increasing demand in non-traditional markets.
The three-point plan was announced during remarks at the annual meeting of the National Association of State Departments of Agriculture.
Farmers may benefit from higher turkey prices this holiday season, but risks from HPAI and limited poult placements could further strain the supply.
Higher tariffs may shield some U.S. crops but risk retaliation, lost markets, and higher costs for growers. The WTO disputes highlight the fragile balance between trade policy, farm exports, and input supply chains.

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:

USDA Undersecretary for Trade and Foreign Agricultural Affairs Luke Lindberg joined us with a recap of the Malaysia trade mission and a look at USDA’s broader trade strategy moving forward.
Mike Steenhoek of the Soy Transportation Coalition shares how extreme winter weather is affecting the ag transportation network and what producers should keep in mind as conditions slowly improve.
Matt Brockman, Communications Director for the Fort Worth Stock Show and Rodeo, joined us with a look at how the legendary event is moving forward—weather and all.
Strong White House backing supports ethanol demand, but timing now hinges on Congress resolving procedural — at the same time as they push toward a spending bill to avert another federal government shutdown.
Greater transparency into USDA-backed lending can help rural lenders and producers better assess credit availability and investment trends.
Mixed product pricing and rising milk supplies suggest margin management will remain critical as 2026 unfolds.