Urner Barry Market Update -
November 19, 2009, 17:07 EST
White Shrimp: the HLSO white market is full steady including 26-30 count and larger shrimp which are beginning to be offered higher.
Black Tiger Shrimp: 13-15 count are short of full needs. The balance of the market is full steady with replacement offerings continuing strong.
Value-added Shrimp: 13-15 peeled black tiger shrimp continue firm. Raw peeled tail-off white shrimp are steady with a good buying interest. The balance of the market is steady.
Wild Mexican Shrimp: reports of limited production continue. The market is generally full steady to firm with a few higher offerings noted.
Gulf Domestic Shrimp: U12 and U15 count HLSO brown shrimp firmed, and 51-60 and 61-70 count edged lower; all based on supply. Demand is largely dull in the region. Additional firming was also noted in U12 through 16-20 count HLSO white shrimp where supplies continue to erode. PUD's were firm across the board. Shortages are developing in many sizes and prospects of replacement are thin. Landings in the Gulf region continue to run well above last year. According to the NMFS, U.S. Gulf domestic shrimp landings for October 2009 totaled 15.799 million lbs. (headless weight) compared to 13.931 million in October 2008. This brings the 2009 cumulative total to 114.641 million lbs., or roughly 40 percent above the same period last year.
Paul B. Brown Jr.
Urner Barry Publications, Inc.
732-240-5330 ext 224
pbrownjr@urnerbarry.com
www.urnerbarry.com
Urner Barry's Black Tiger Shrimp Index
11/19/2009:
The Black Tiger Shrimp Index is $5.09; +.02
The headless, shell-on (HLSO) shrimp index is a measure of general conditions in the shrimp market. It is not a reflection of any single item. Urner Barry historically tracks all of our market quotations which should be consulted for individual items.
The shrimp index is calculated using an average of Urner Barry market quotations; additionally the quotes are weighted based on the import volume of each count size. Shell-on shrimp imports from the Black Tiger producing countries and White producing countries of Thailand and Indonesia have been edited in order to reflect those countries significant shift in production from Black Tiger to P. vannamei. Shrimp imports from other countries are divided into either Black Tiger or White producing countries.
The bottom chart represents the weight, in million pounds, of monthly shell-on shrimp imports.
Urner Barry's White Shrimp Index
11/19/2009:
The White Shrimp Index is $2.79; nc
The headless, shell-on (HLSO) shrimp index is a measure of general conditions in the shrimp market. It is not a reflection of any single item. Urner Barry historically tracks all of our market quotations which should be consulted for individual items.
The shrimp index is calculated using an average of Urner Barry market quotations; additionally the quotes are weighted based on the import volume of each count size. Shell-on shrimp imports from the Black Tiger producing countries and White producing countries of Thailand and Indonesia have been edited in order to reflect those countries significant shift in production from Black Tiger to P. vannamei. Shrimp imports from other countries are divided into either Black Tiger or White producing countries.
The bottom chart represents the weight, in million pounds, of monthly shell-on shrimp imports.
Salmon Closing Commentary, Thursday November 19, 2009
Urner Barry Market Update -
November 19, 2009, 16:51 EST
Farmed Salmon: The Northeast wholefish market adjusted lower on 12-up fish; supplies are fully adequate for a dull demand. The balance of the market is unchanged.
The European wholefish market adjusted slightly higher on 7-up kilogram fish; supplies range adequate to barely adequate for a moderate demand. Supplies of 5-6 kilogram fish have dried up and the quotations have been removed. 6-7s are unchanged. The undertone in the market remains somewhat unsettled with both higher and lower offerings collected.
The European fillet market is unchanged. Supplies range adequate to fully adequate for a moderate to fair demand.
The Chilean fillet market is about steady at listed levels and the market continues to see some delays from Chile. Supplies are adequate for a moderate to fair demand.
The Chilean steelhead market continues steady; supplies are adequate for a fair demand.
The Chilean coho market remains steady.
The West Coast wholefish market is unchanged. Supplies of 8-10 and smaller fish are barely adequate, whereas, 10-up fish range adequate to fully adequate. Demand is moderate.
Wild Salmon: Supplies in the wild salmon market for fresh are nil; most quotations have been removed as the season comes to a close.
Janice Brown
Urner Barry Publications, Inc.
732-240-5330 ext 280
janice@urnerbarry.com
www.urnerbarry.com
Urner Barry's Fresh Farmed Salmon Index
11/19/2009:
The Fresh Farmed Salmon Index is $3.72; +.01
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, European Fillets, Northeast Whole East, European Whole, and Seattle Whole West.
Note: Urner Barry's Fresh Farmed Salmon Index is an indication of the combined average value for Chilean fillets, European fillets, Northeast wholefish, European 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.
Source: Urner Barry´s