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.
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USDA released the November WASDE Report on Friday, the first supply-and-demand estimate to drop since September, just before the 43-day government shutdown.
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U.S. Trade officials announced new deals with El Salvador, Guatemala, Ecuador, and Argentina, as well as a steep reduction in tariffs on Swiss imports.
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China’s cost advantage with Brazilian soybeans and vague public messaging leave U.S. export prospects uncertain heading into winter.
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Expanded aerial capacity strengthens the U.S.–Mexico buffer against screwworm, providing cattle producers with stronger protection heading into winter and reducing risk to herds along the southern tier.
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The request follows pressure from the American Sheep Industry Association (ASIA), which called for a formal investigation into whether lamb imports from Australia and New Zealand have cut into the U.S. market share.
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