Crustacean Update!

Author: Erika Eckley

Date: July 30, 2018

STOCKED CRUSTACEANS!

SHRIMP:

  • Pricing will remain throughout the summer and as we get closer to the holidays, there can be an expected slight uptick in price.

LOBSTER TAILS:

  • For 4oz., the nationwide demand is strong, with the supply being a little behind. Possible decrease in the coming weeks.
  • For the 5oz.-16oz, the demand is not too strong.

CRAB LEGS:

  • The larger sizes (4/7, 6/9, 9/12) are available for now. The smaller size legs have become almost non-existent, which would also cause the larger sizes to tighten up if crab is still a common choice.
  • (14/17, 20/24) still have a tight supply with the price firm, but trending upwards.
  • Split crab has tight supply because processors do not want to touch split legs, as all the money is in the whole legs.

SCALLOPS:

  • Starting to see a price decrease on the larger sizes and the prices will continue to come down.

SNOW CRAB:

  • There is still supply from last year’s harvest.
  • Japan has completed their purchases, so some suppliers are sitting on some very high prices products.
  • Price may start to come down as US buyers do not want to pay current market.

COD LOIN:

  • Since last fall, the cod market has been rocky and will continue to do so going forward.
  • Cod Loins have seen an increase in price over the last six months.

FROG LEGS:

  • Starting to see product hit the market, but with prices being so high there will not be a very large build up for inventory.

 

 

Related Posts

Bet You Didn’t Know… View
Its the WEEK for… View
Pasteurized Crab Meat Update View
New Machines in our Deli Department!! View