The market is still uncertain however, between high market prices, and limited supply, cost might go up. The smaller 4 oz size has been the most effected as the current harvest has yielded larger fish and therefore larger loins. 2019 Total Allowable Catch is announced at 6.5% lower than 2018. With the red swimming still high with limited supply, this too drives the price up. The WW tails in the 6 and 8 oz sizes might be a viable option to the lack of larger N Atl tails but costs are a trade off as both species report a firm market and overall lack of supply. Pacific cod raw material price remains high.The overall Pollock quota has remained fairly stable. For now prices are high with limited supply on 6/7 oz tails. Expect this trend to continue at least through Lent and possibly through June. Expect the market to be unstable at least through the spring where we can gauge if the excess inventories have been flushed out of the market. The Bering Sea crab fisheries open Oct. 15.Laine Welch is an independent Kodiak, Alaska-based fisheries journalist. Expectation of cod substitution to continue. There are shortages of large sizes due to limited production (2-4 through 13-15) and heavy demand.White shrimp supply is somewhat sporadic with shipments being late due to heavy demand overseas. Overall prices will come down a bit.The scallop market is expected to start to soften as we enter into the spring season in time for harvest . The majority of the larger sizes tails are harvested during this season and to date it has been considered a bust. This coupled with the void in the market on red swimming crab only strengthens this possibility. Firming of pricing as expectation of drop in pollock biomass. Currently there is stock on all sizes of pike perch and European perch for Lent. Poor environmental conditions, lack of incoming recruitment are just two of the reasons for the lowered quota.
It is assumed a 2 million lb + shortfall of meat, as well as 4 million lb + shortfall of tails is expected. Currently there is stock on all sizes of pike perch and European perch for Lent. This is the same species as the Canadian just grown out in Asia and is a great option to the former. . Prices for both tenders and medium breast are in a strong uptrend, jumbo breast is inching higher.Wing prices appear to be topping out at about the same levels as the last few Januarys. Many predict another high priced market for 2019 but movement will depend on what the market wil bear and if buyers move to other more cost efficient species. We really appreciate the Alaska Department of Fish and Game for giving us a head's up on that,” said Jake Jacobsen, director of the Inter-cooperative Exchange, which represents more than 75 percent of the crab fleet of about 85 boats.The 2018 catch limit for Bristol Bay red king crab was just 4.3 million pounds. 10% tariff duty has been applied. This trend continued through the holidays and is expected to remain firm until new season supplies start to arrive in July. 2018 King Crab Prices. Supply is still above demand, but with the colder weather in the Midwest there should be a mild dip in the milk production for January.Retail demand fair to fairly good. Super Bowl will mark the end of the peak demand period.Strong export demand has started to lift leg quarter prices.Leg meat is available while thigh meat prices are firm.Hens and smaller sized toms are in great shape; larger toms are still a little pushy. Currently there are limited supplies of the larger 6/7 and 8/10 oz tails and this is expected to be a challenge into the summer season. cod loins are firm on cost and could increase further.
Bob Foy, director of the North Pacific Fishery Management Council’s crab plan team, said it “documented one of the largest snow crab recruitment events biologists have ever seen.”Snow crab prices for the 2019 winter fishery are still being finalized, Jacobsen said, adding “it should be somewhere around $3.95-$4 average price.”A shortage of snow crab could prompt earlier fishing than the traditional mid-January start, he added.Crabbers also are keeping their fingers crossed for an opener for bairdi or tanner crab, snow crab’s bigger cousin. This could flip as they move closer to the closure of the fishery and in more southern fishing areas specifically out of Peru. King Crab: This market has remained unchanged in regard to supply All king crab sizes remain tight, especially on 14/17 ct, 16/20 ct … As of late the 8-10 and 10 ups have bounced back up in cost due to limited supply. For the next 60-90 days prices will stay level to a possible dip however, Q4 is expected to pick back up.
cod loins are firm on cost and could increase further. Supply remains tight and costs are firm as we head into Lent . Weather interruptions could provide some temporary support, but plenty of hogs are still out there.Butt prices are 20% lower than last year which offsets Mexico's retaliatory tariff.
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