Market Report: April 14, 2014

April 15, 2014

golden corvina

 

 

Golden Corvina

The golden corvina, better known as “drums or croakers” are found in many different parts of the world. Drum fish and croaker fish are differentiated by whether they produce a drumming sound or a croaking sound when they pop their heads above the water. Corvina has a mild, sweet taste with firm, large flaked flesh which is pinkish when raw but cooks up white.  The flesh resembles Snapper.  In South America Corvina is regarded as a prime table fish and is very popular for ceviche.

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Notes from our buyer

Crawfish

Crawfish prices have spiked due to the increased demand during Holy Week. Crawfish consumption in Louisiana is at an all-time high this week and supply has not fully rebounded from the intense cold winter. Another cold front blew through South Louisiana on Monday night, setting new record lows in the month of April. We expect prices to soften once we get past Easter.

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East Coast Oysters

Are you signed up for the weekly East Coast Oyster list?  Please be sure to let your sales rep know if you need flavor profiles or are requesting a specific oyster.  Pre-orders are the best way to ensure availability of your favorite oyster. Weather in the Northeast has really put a damper on production! Limited on most variety, as productions is still slow!

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Redfish

Redfish supply is still limited, but we have some. This product is grown right here in Texas, which gives you the freshest fish possible.  A great option for Easter brunch!

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Salmon

Chilean salmon prices creeping back up slightly.  We feel the prices will stay strong now through April. Supplies seem to be tighten up with the holiday right around the corner and production w down for two day in Chile!  Canadian salmon prices are flat this week.  We have Faroe Island Salmon in C-trim if you are looking for a lower price on a North Sea product.  Check with your sales rep for case discounts if you are a volume user.

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Gulf Oysters

Product is extremely tight, including sacks and gallons.  All of the Texas region is currently closed hoping to re-open later this month. We are seeing some product out of Louisianan, but high winds have slowed this region as well. As of April 1st all product will be now fall under the time and temperature matrix, which will only make the sack shortage worse.

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American Red Snapper

We have beautiful American Red and Lane Snapper in house. Cost has bumped up slightly, with limited product due to the high winds.

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Halibut
We will be receiving another shipment of Halibut this week.  Please let your sales reps know your needs. Direct shipments out of Alaska, it doesn’t get any fresher than that.

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Scallops

Scallop prices remain high and are going to stay high. We don’t see any end in sight on the cost of scallops. There is a good supply of the larger scallops but the market is tight on the smaller stuff.

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Tuna

2+ Tuna grades are readily available, but the #1 grade is a little harder to come by this week, so expect price increases if that is the grade you use.

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Mahi Mahi and Sword

Mahi supply has tightened up with prices moving upward, once again this week. Sword seems to be tight as well but the full moon should help put more fish on the market.

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Grouper

The grouper supply has improved this last week with both fillets and whole readily available.

Black Drum

If you can find it buy it! Big shortage in the drum this week. Most of the boats have been docked due to the winds, but are heading back out today. We have limited product available.

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This was our first good shot of domestic crabmeat this week.  Price is still strong! Venezuela crab is available and coming in every week.  There are some supply issues with the Venezuelan Fingers, but everyone is working diligently to rectify the problem.

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Domestic Catfish

Our catfish is farmed right here in Texas.  Prices are on the rise once again and the farms seem to be tight once again. The larger fillets are the only item that seem to be in question.

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Seabass

We have a variety of seabass options.  We continue to carry H&G 20-30 kg as well as a smaller 10-20 kg if that is more of what you’re looking for. The Seabass is on the rise and will continue to increase as the Chilean quote was cut by almost a third of last year.  There are rumors about prices dropping in the coming weeks.  Let’s keep our fingers crossed.

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Live Lobsters

We offer a full range of sizes of live lobsters straight from Maine and Canada.  Order today, and we will get them to you tomorrow. Lobster prices are on the rise: lobsters are moving into deeper water and not as active as before.

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Rainbow ‘Green’, Golden, and Ruby trout

Ruby trout supply is much better. The only shortage is on the larger golden trout fillet from Idaho.  The water supply is back up now, and the product will be more plentiful in the near future.