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HALIBUT
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Total Halibut Catch for 2007
Season
Vessel Landings 5,692 /
Total Catch Pounds
43,019,080 / Percent Landed
86% |
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Farmed Salmon:
Atlantic:
The market continues
heat up. There are many
factors which are
influencing this chaos
in the market. Chile continues to fight the ISA
disease. Rumors coming
out of Chile are that many of the major
player’s supply will be
down as much as 40% the
second half of the year.
They are already down
20%, right during the
peak demand causing
everyone chasing a tight
supply. The UB has risen
60 to 70 cents over the
last month on fillets.
Norway has been at record
productions and have
been shipping their
salmon to Europe . This has taken one the markets away from
Chile
but the loss of market share is not greater than the drop in supply.
Chile
is also fighting slow growth due to inferior smolts being produced.
Canada
has not been producing as much as they thought they would be during
this time due to cold
water conditions causing
slower growth. With all
this said expect the
market to continue to
climb until mid March
and then we will
re-evaluate.
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WILD
SALMON
TROLL KINGS:
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ALASKA
:
This
season
is now
closed
until
the
winter
troll
quota
starts
in
October.
Typically
this
fishery
begins
slowly
peaking
in
production
in the
spring,
usually
late
March
and
April.
This
year
however
we may
see more
effort
as troll
king
prices
are at
an all
time
high.
CANADA : The fresh troll king
season
is
winding
down in Canada as well. There have been small
quota
related
openers
on the
south
end of
Vancouver
island
,
however
historically
these
openers
produce
mostly
smaller
and
softer
kings
than
those
caught
farther
north. (
Queen
Charlottes
)
Washington
:
Closed
until
next
year.
Oregon
: Oregon ’s troll king
season
is
virtually
done for
the year
as well.
We may
see
limited
production
of high
priced
trolls
from
several
bubble
fisheries.
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NET
KINGS:
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Columbia River: The lower Columbia River
may get another small lower river gillnet opener for kings but at this time it is undecided. Above the Bonneville Dam the Native Americans were granted a three day extension from the 25th thru the 28th for up river bright kings.
SOCKEYES: Fresh sockeyes are done for the year but good supplies of frozen vac pac skin on PBO sockeye fillets are available.
COHOS: Although the Copper River coho fishery was a major disappointment we may see opportunities from Puget Sound, Wilapa Bay ,
Youngs Bay and the lower Columbia River . Frozen coho opportunities will be limited this year due to the diminished resource from the state of Alaska .
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EXOTICS
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Overview:
The
exotic
fish
landings
have
been
low
to
heavy
depending
on
species.
Look
for
this
to
be a
great
time
to
promote
Tuna
and
Mahi
as a
great
grilled
fish
item
for
your
menu
and
seafood
ad
needs.
Blue
Marlin:
Coming
in
from
Honolulu,
Hawaii
quality and pricing stable.
Stripe
Marlin:
Decent
amounts
of
Stripe
Marlin
from
Hawaii
are
available.
Escolar:
Lot’s
of
production
Coming
in
from
Ecuador,
availability
is
good.
Good
Value.
White
Sea
bass:
Season
is
pretty
much
done
some
fresh
available
but
price
is
high,
the
season
generally
is
over
the
end
of
August.
Some
frozen
available.
| Monkfish: Fishing continues to be sporadic due to the lack of production, price is up.
New Zealand Exotics: Going into their winter. They have already had record rains. Weather has cleared so expect to have a decent quantity of Bluenose, grouper and fresh Orange Roughy for next week.
Shark: Long lines off the southeast coast of the United States fish The Blacktip shark commercially. Black Tip landings have been non-existent but look to see availability before the end of this month. The Thresher Shark is found around the globe, in the Atlantic, Pacific, and Indian Oceans
as well as in the Mediterranean . Thresher Shark availability is good and prices reflect the availability. Mako Shark, like Threshers are also found worldwide. Mako Shark landings are adequate and prices are stable.
Tilapia: Farmed fish is available from the mountain spring fed ponds of Ecuador. Consistent quality, stable availability and prices have made Tilapia a very popular fish and the market demand is increasing rapidly. Fresh shipments are flown in several times a week and in a variety of forms, such as sized skinless boneless fillets and gilled and gutted dressed fish. Caution is advised on low priced fish. With Tilapia, it is true “You get what you pay for.”
Wild Sturgeon: Wild sturgeon are currently available from the gillnet fishery on the Columbia River . With each salmon opener the fishermen are generally given a specific fish quota to catch along with their salmon. This past opener the boats were allowed 10 Sturgeon per week.
Sturgeon (Farm raised): Farmed Sturgeon remains short in supply and will likely remain tight through the up coming year.
Ono: Coming in from Vietnam and Troll caught off the Big Island of Hawaii. The cycle of boats next week will be off in Vietnam. The boats are heading out and will be out for a few weeks. Ono is a Bi-catch item and is not a targeted species. Ono is a great alternative to Mahi when it is readily available.
Swordfish: The Majority of the current production is coming out of Mexico . Quality is monitored by the color of the bloodline. The bloodline should be bright red. Swordfish is moist and flavorful with a slight sweet taste.
Swordfish are graded the following way: Pups; fish 0-99 pounds, Markers; fish 100-199 pounds, Double Markers; fish 200 pounds and up. Pups are historically the best value in terms of pricing. Quality is usually monitored by the color of the bloodline.
Mahi Mahi: Availability /Production continue to be good. The majority of the current production is coming from Mexico , Ecuador and Taiwan . Mahi Mahi is available year round. Average size of Mahi is 5 -10 lb. Mahi is a sweet and has a mild-taste.
TUNA
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Tuna (Yellow fin): Availability/Philippine, Fiji , Ecuador and Hawaii are the major areas of production.
Vietnam
production is over for the season. Ahi is graded by color and fat content. Yellow fin Tuna has a bright-yellow dorsal fin and a yellow strip down its side. Yellow fin tuna has a mild, meaty flavor.
Tuna (Blue fin): Fresh is available July- October in New England and June-November in California . Blue fin is graded by taking “plugs of flesh to test for color and fat content.
Tombo (Albacore): Albacore tuna is the only tuna that can be labeled as white meat The average size of Albacore is between 10- 30 lb. Tombo/Albacore Tuna is both a targeted fishery and caught as bi-catch with other Tuna Fisheries. No major Changes regards to availability, as it remains good and stable pricing. The albacore market is also driven by canned Tuna demand and what the fresh market can afford versus what the canneries are paying.
Ahi (Big Eye) Tuna:
Taiwan, Philippines,
Fiji, and Hawaii are the major areas of production. The Vietnam season is winding down, and the quality is generally poor.
Oregon Albacore Tuna: Looks like the fresh Albacore tuna season has come to a close. The fish migrated north into
Canada
with the majority of that catch being frozen on board for further processing into many sushi related items as well |
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SMELT
Smelt:
(River
Smelt)
N/A
Surf Smelt:
Production
should increase
over the next
few months for
surf smelt as
weather
improves.
Smelt:
(Ocean)
- Production
should increase
over the next
few months for
surf smelt.
Currently only
small quantities
of night smelt
are being
harvested.
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GROUND FISH
| West Coast Ground fish: Lower 48 fishermen are making good deliveries of Dover , Rex and Arrowtooth. Petrale landings are expected to drop off significantly as the 2007 Harvest Guideline is nearly caught. Watch for increasing prices and short supplies on that item. Dover, on the other hand, will have increasing landings as new trip limits go into effect Oct 1.The Lower 48 Whiting Season closed early this year due to excess Widow Rock bycatch. Fishermen and processors hope to negotiate another opening later in the year in areas where Widow Rock bycatch is not likely. The Canadian fleet is still landing Rock along with Rock Sole, Skate Wings and Arrowtooth. The Fall Alaska True Cod Season opened September 1. We expect landings to be limited and prices to be higher than normal. The best buys are Dover from the Lower 48 and Rock from Canada .
Fresh Alaska Cod: True cod is currently coming out of Kodiak Alaska.
Alaskan Pollock: The B- Season in Alaska runs from June 10th to November 1st in the Bering Sea The B-season receives 60% of the yearly quota, so the next 3-4 months are the most important for the USA
’s largest scale fishery. Pollock stocks are healthy and the fishery is well managed and predictable, meaning that there are few micro inflationary stimuli on the supply side. But Pollock prices have risen to historic highs due to macro supply and a high demand for the product.
Canada: The ground fish supply from Canada has improved recently with additional vessels joining the fishery that for the past month had been targeting other species such as Whiting, Herring, and Salmon. Good supplies of rockfish, perch, lingcod, and soles are available.
(Washington, Oregon, California) Federal regulations imposed this year force our fishermen to choose, every 2 months, between fishing inside or outside the Rockfish Conservation Zone. The array of species and allowable catch, by zone, determine their actions and are reflected in our fresh product line of items. Expect “Beach Fish” such as; Sand Sole – Rock Sole – Starry Flounder and Rex to be prevalent along with the regular mix of Dover, English, Sand Dabs. Rock Sole and Arrow tooth flounder.
Trout: Overall trout supplies are a little short in supply. In particular some of the red meated products as well as 12/20 oz dressed white trout are short. Fishmeal price increases have affected the cost of the finished products.
Catfish: Pond pricing has leveled off a bit, and the demand has remained stable. Cost will remain the same for the next few weeks. |
SHELLFISH |
Live
Lobster: Overall
lobster
quality
continues
to be
better
than
average
due to
cold
water
and
weather
condition.
Prices
will
start to
rise as
the
spring
seasons
are
ending.
Currently
the
demand
from the
processing
sector
is
strong.
Lobster
Facts:
When
preparing
to go
out to
harvest
lobsters
the
Lobstermen
target
three
fishing
areas.
The
inshore
fishery
which is
up to 15
miles
off
shore,
the mid
shore
fishery
which is
15-50
miles
off
shore
and the
offshore
fishery
which is
past 50
miles
off
shore.
The area
that
will be
fished
in
dependant
on
several
factors
including
boat
size,
weather
conditions,
area
openings
and
market
need.
Live
lobsters
are
typically
graded
into
three
shell
quality
categories.
New
shell, a
lobster
that has
shed his
old
shell
within
the last
two to
three
months,
after
three
months
to six
months
they are
considered
firm new
shell,
and
after
six
months
they are
called
hard or
old
shell.
New
shell
lobsters
are
weaker
and have
less
meat
fill as
their
bodies
are
focusing
on
regenerating
their
shells.
A true
fully
meated
lobster
is a
better
value
for the
consumer
as the
ultimate
price
for the
meat in
the
hard-shelled
fully
meated
lobster
is
15-20%
better
then
lower
priced
soft –
shelled
lobsters,
not
including
extra
mortality
costs
that
will be
incurred
through
the
distribution
channels.
Cold
Water
and Warm
Water
Lobster
Tails:
There
seems to
be a
good
inventory
of small
size
tails
that
came
down out
of the
spring
production
in
Canada.
But
anything
much
bigger
than a
5oz,
people
may have
to wait
until
the
Maine
production
kicks
in.
Which
should
be in
late
July and
August.
Last
years
production
really
did not
get
going
until
early
September.
Warm
water
production
on
Brazilian
tails is
happening
now with
Honduras
kicking
in, in
about a
month.
Prices
are high
right
now with
the
product
moving
out
quite
rapidly.
With the
Western
Australian
market
not
softening,
the
Brazilian
prices
have
held
their
own with
prices
even
moving
up. When
the
Honduran
production
comes to
the US.
Their
prices
may be
somewhat
lower
but it
may not
push the
Brazilian
prices
down.
West
Coast
Shrimp
meat: West
Coast
season
has been
off to a
slow
start.
Weather
has been
a
constant
issue,
keeping
boats of
the
water
more
often
than
not.
What
catch
has come
in is a
solid
350/500
count,
although
there
have
been
some
small
landings
of a
very
nice
grade of
250 and
larger.
Much of
the
recently
landed
shrimp
is going
to the
fresh
market,
although
we are
beginning
for
freeze
small
amount
as
well.
Prices
are firm
and
expected
to stay
so.
Mexican
Wild:
The
day
boats
have
been
catching
shrimp
since
9/18 and
the big
boats
departed
for the
Sea of
Cortez 9/27. Packing will
commence
in
mid-October
with new
season
production
available
by the
end of
October.
Pacific
Seafood
will
carry
again
our “Sea
Rock”
line of
all
natural
Wild
Mexican
prawns
(both
whites
and
browns).
The
only
ingredient
in this
product
is wild
“Shrimp”.
It is
too
early to
mention
pricing
though
the
historically
high
volumes
and low
prices
from
last
year
will
likely
revert
to a
more
normal
seasonal
pattern
(i.e., a
soft
rise in
prices).
Farmed
Whites:
Raw
material
prices
in
Asia
have
firmed
up and
the
weaker
dollar
is
making
product
more
expensive.
Latin
American
supply
is
increasing
though,
primarily
from Ecuador and Mexico . The
market
for
blocks
and
value
added is
steady
though
certain
discounts
are
offered
to spur
movement.
We carry
a broad
line of
block
and
value
added
farmed
products.
Farmed
Tigers:
Imports
are
trailing
last
year as
tiger
production
tends to
be
replaced
by white
production
in
several
Asian
countries
( Indonesia , Vietnam , Malaysia
). Tigers have maintained a steady premium to whites and even wild
Mexican
whites
this
year.
Given
the
macro
trend to
lessening
tiger
production,
we
anticipate
the
premium
over
farmed
whites
to
continue.
Ask our
sales
reps
about
our
tiger
blocks
from Bangladesh and the incoming tiger pndto’s from
Indonesia
.
White
Shrimp:
Overall
production
continues
to grow
around
the
world
though
lower
raw
material
prices
at
origin
have
been
offset
by the
weaker
dollar.
White
shrimp
now
comes
from
many
Latin
American
and
Asian
countries
so any
shortfall
at one
origin
gets
quickly
replaced
by
another.
The
predominant
farmed
species
is
penaeus
vannamei,
which is
endemic
to the
Pacific
coast of
Mexico
and
Central America . Another species endemic to
the same
area is
the
stylirostris
shrimp –
this
will
continue
to be
marketed
as a
‘white
shrimp’
though
it has
an
attractive
blue
tint to
it. We
currently
are
carrying
white
shrimp
from Mexico , Thailand , Indonesia , China , Ecuador and the U.S.
Prices
will
continue
to be
steady
(and
historically
low) as
shrimp
slowly
becomes
embraced
as an
American
staple
protein.
Tiger
Shrimp:
Tiger
shrimp
imports
will
continue
to lag
prior
years. Bangladesh, India, and Vietnam
are the
primary
growers
of
penaeus
monodon,
which is
endemic
to SE
Asian
waters.
We
have
block
tigers
now
available
from
Bangladesh
and
await
fresh
harvest
pricing
on value
added
products
from India and Vietnam. The
slowdown
in
availabilities
will
keep
tigers
priced
at
premiums
to
comparable
white
farmed
and wild
sizes.
It was a
decade
ago when
tigers
were
introduced
to the
U.S.
as cheaper substitutes to the farmed white products.
| Dungeness Crab: Preliminary crabmeat recovery tests have been made along the West Coast and the results are favorable for seasons to open on time. San Francisco should open around November 15th however there has been a significant oil spill in San Francisco that could delay the opening for a few days. Landings from the San Francisco season are expected to be less than normal and prices higher. The rest of West Coast may open December 1. Most veterans think this season will end up being delayed until later in December due to price negotiations and that landings will be less than normal. Pricing is undetermined so far. |
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King
Crab:
Pacific
Seafood
and its
Russian
partner
own 40%
of the
Red King
Crab
quota in
the
Barents
Sea
above
Norway.
The
Barents
Sea is
known to
have the
largest
Red King
Crab in
the
world.
This is
the very
same
species
as if
caught
in our
Alaskan
waters.
The
season
starts
in late
October
and
usually
lasts
into
March |
As always if you dont see a particular fish in the case,
please ask about the availability of it. Chances are we can bring it in for you as a
special order.
Thanks for shopping at Fitts, Rod and Mimi Purdy
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As always if you dont see a particular fish in the case,
please ask about the availability of it. Chances are we can bring it in for you as a
special order.
Thanks for shopping at Fitts, Rod and Mimi Purdy |
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