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Macgregors Seafood Notes


Frozen Seafood Specialist
Glenn McNamara
glenn@macgregors.com

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Fresh Seafood Specialist
Paul Foster von Kalben
paul@macgregors.com

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Wednesday, June 28, 2006

 

MARKET UPDATE

Been a few weeks since our last blog. The good news is we are busy!
Listed below are a few market updates as of the end of June

SHRIMP:
Signs are for a renewed strengthening in the shrimp markets. Smaller shrimp have been tight awaiting new season arrivals. Now large shrimp are starting to strengthen as well. The signs point for continued strength throughout the summer for the Black Tiger.

Freshwater testing procedures have resulted in rejections of late on this product. This has resulted in market shortages.

HALIBUT:
market has been up and down wek over week. we seem to be in a period of good landings again and this remains good value.

CRAB:
King Crab remains best buy of 2006! Snow crab seems to be in balance with market steady although lots of talk there will not be the excess supply kicking around this year that drove the market down as in past years. stay tuned.

LOBSTER TAILS:
Also seem to be in balance. First Cuban arrivals are selling brisk with repalcement product arriving July 12.

SQUID:
Lots of supply issues, but there is light at the end of this tunnel. new season production arriving as we speak. should be better availbilty going forward, but the new price levels seem to be here to stay.

happy trails...Mr. Fish

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