The top chart represents Urner Barry's Salmon Index. This index is calculated using Urner Barry market quotations listed in Urner Barry’s Seafood Price-Current. Those quotations are then weighted, based on the average amount of product imported for whole fish and fillets.
The bottom chart represents the weight, in million pounds, of monthly imports of Chilean Fillets, Maine Whole East, and Seattle Whole West.
Note: Urner Barry's Fresh Farmed Salmon Index is an indication of the combined average value for Chilean fillets, North Atlantic wholefish and West Coast wholefish. It institutes a weighted value of each commodity as a proportion of the total supply from the producing areas. For example, if Chilean fillets represent 60% of the total, West Coast wholefish 25% and North Atlantic wholefish 15%, the value of each commodity would be weighted accordingly. This index is intended to be viewed as a snapshot of the general health of the fresh farmed salmon market in the United States.
Shrimp Closing Commentary, Thursday August 27, 2009
Urner Barry Market Update -
August 27, 2009, 17:07 EST
White Shrimp: 21-25 and 26-30 count Latin American white shrimp are barely steady to weak. Mexican production is anticipated in these sizes and some discounts are offered in order to move off limited inventories. The balance of the market is unsettled as demand is rated seasonally lackluster; some discounting is noted in order to spur buying interest.
Head-on shrimp are steady to full steady, supplies related tight.
26-30 count and larger Asian white shrimp are unsettled as supplies improve. Smaller count shrimp are about steady but may be discounted to meet Latin offerings.
Black Tiger Shrimp: The market is steady at listed levels as offerings remain limited.
Value-added Shrimp: the market is about steady with some discounting noted in order to spur buying interest. Peeled tail-off white quotations are based on IQF while blocks are offered lower.
Gulf Domestic Shrimp: selling pressure continues on Under 15 through 26-30 count and some further discounting is noted.
Mexican Wild Shrimp: The market is weak and unsettled with some lower offerings noted as remaining inventories are cleared.
Paul B. Brown Jr.
Urner Barry Publications, Inc.
732-240-5330 ext 224
pbrownjr@urnerbarry.com
www.urnerbarry.com
Salmon Closing Commentary, Thursday August 27, 2009
Urner Barry Market Update -
August 27, 2009, 16:41 EST
Farmed Salmon: The Northeast wholefish market adjusted lower on 12-14s and the remainder of the market is unchanged; supplies are adequate to fully adequate for a fair demand. European wholefish also continue to be readily available and are causing some downward pricing pressure in the Northeast market.
The European wholefish market remains barely steady; supplies are fully adequate for a lackluster demand. The undertone is unsettled with both higher and some significantly lower offerings noted. Some carried product is also reported to be in the market.
The European fillet market adjusted lower on 3-4s and held about steady on 2-3s and 4-5s. Supplies range adequate to fully adequate for a fair demand.
European frozen fillets are still reported in the market; pricing looks to trend between 4.35 and 4.55 for 3-4 pound d-trim fillets. European portions are noted between 5.50 and 6.00.
The Chilean fillet market weakened on 3-4 and 4-5 pound fillets. Supplies on these sizes are fully adequate to ample for a dull demand. 1-2s and 2-3s, on the other hand, are steady to about steady for a fair demand. 1-2 supplies remain barely adequate.
The Chilean wholefish market is steady at listed levels.
The Chilean Steelhead market adjusted lower; supplies are fully adequate for a dull demand. A few still lower offerings were also reported.
The West Coast wholefish market advanced on 14-ups. Supplies are barely adequate for a moderate demand. The balance of the market is steady at listed levels.
Wild Salmon: The wild market is generally steady for a moderate demand. Sockeyes remain full steady as supplies are beginning to dry up.
Janice Brown
Urner Barry Publications, Inc.
732-240-5330 ext 280
janice@urnerbarry.com
www.urnerbarry.com
www.comtell.com
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