MARKET INTELLIGENCE

Seafood Trends

Published on July 31, 2026

Calamari/Squid

Supply

Price

Key Drivers:
Limson supply remains strong despite overall pricing in the market being elevated.

Outlook: Secure supply is available but expect elevated pricing to persist.

Cod Alaskan Shatter Fillets 1x

Supply

Price

Key Drivers:
Seasonal labor shortages in Alaska have limited new season production and kept prices high.

Outlook: B Season will get underway late this month, which may provide future relief.

Cod Atlantic Loins 2x

Supply

Price

Key Drivers:
Historical high market pricing has softened year-over-year demand.

Outlook: Limson has ample stock and can support stable pricing despite market highs.

Cod Atlantic Shatter Fillets/Loins 1x

Supply

Price

Key Drivers:
Costs for Icelandic fillets remain elevated due to quota cuts, a 10% tariff, and high EU/UK demand.

Outlook:Newfoundland loins (4/5/6 oz) are also elevated despite a slight quota increase.

Cod Pacific Loins 2x

Supply

Price

Key Drivers:
Supply is consistent with elevated pricing due to a 12.5% China tariff and 20% Y-O-Y quota cuts.

Outlook:Ā Russian sanctions on cod continue to tighten the global market.Russian sanctions on cod continue to tighten the global market.

Snow Crab—Canadian

Supply

Price

Key Drivers:
Inventories remain available, but the fishing season is nearly finished.

Outlook: Prices are rising weekly due to strong overall demand in North America and Asia.

Grouper—Asian

Supply

Price

Key Drivers:
Overall supply has finally caught back up to demand, stabilizing the market.

Outlook: Limson is well stocked on all three fillet size offerings.

Haddock

Supply

Price

Key Drivers:
Poor catches and high EU demand have pushed costs to historical highs.

Outlook: A 12.5% tariff on product from China is maintaining upward price pressure.

Hake Fillets/Loins

Supply

Price

Key Drivers:
Most global supply is being diverted to the EU market, leaving limited stock for the U.S.

Outlook: Pricing remains elevated due to the supply imbalance.

Euro Lake Perch & Pike Perch

Supply

Price

Key Drivers:
Pike perch/zander stocks are ample, but Euro lake perch is short due to low Great Lakes yellow perch quotas.

Outlook: These species remain good price alternatives for Great Lakes offerings.

Ā 

Lake Fish Smelt

Supply

Price

Key Drivers:
Most boats were docked through July and early August; full fleet fishing will not resume until late September.

Outlook: Inventories did not last long during the Spring fishery, resulting in tight supplies.

Lake Fish Walleye

Supply

Price

Key Drivers:
Fishing activity was minimal through the summer; full fleet resumption is expected in late September.

Outlook: Limited inventories mean there is currently not enough supply to meet all purchaser needs.

Lake Fish White Perch

Supply

Price

Key Drivers:
The market currently shows an ample supply of stock.

Outlook: Stability is expected to continue for this category.

Lake Fish Yellow Perch

Supply

Price

Key Drivers:
A 26% quota reduction for 2026 and a poor Spring harvest have severely limited availability.

Outlook: Expect prices to continue increasing and availability to fluctuate in and out of stock.

Lobster—NA Tails

Supply

Price

Key Drivers:
The Spring Canadian season is complete; strong live trade demand limited frozen production.

Outlook: Pricing has been flat for the last couple of weeks. The next large fishery starts August 10th.

Lobster—NA Meats

Supply

Price

Key Drivers:
Spring 2026 production was down approximately 25% from the previous year.

Outlook: Prices are higher than early 2026 levels but have stabilized recently.

Mahi Mahi

Supply

Price

Key Drivers:
The market is extremely tight with historical high prices as the Asian season wraps up.

Outlook: Supply gaps are expected as global demand leans heavily on Asian mahi.

Oysters, Mussels & Clams

Supply

Price

Key Drivers:
2026 Gulf oysters and Canadian mussels are readily available with steady pricing.

Outlook: Chilean mussels remain short, but NZ and Vietnamese varieties are stable.

Pollock 1x

Supply

Price

Key Drivers:
Alaskan labor shortages have limited new season production.

Outlook: Prices will remain elevated until production levels normalize.

Pollock 2x

Supply

Price

Key Drivers:
Stock has tightened somewhat as the market awaits more product from the current B Season.

Outlook: A 12.5% tariff on China product and Russian sanctions are influencing market dynamics.

Salmon (Farmed)—Chilean

Supply

Price

Key Drivers:
Market stock levels appear ample, providing a steady environment.

Outlook: Chilean offerings serve as good price alternatives for higher-priced Norwegian salmon.

Salmon (Farmed)—Norwegian

Supply

Price

Key Drivers:
Supply is picking up, which is seasonally normal for this time of year.

Outlook: Prices should begin to decrease in late Summer as Limson works through early 2026 inventory.

Scallops

Supply

Price

Key Drivers:
The 2026 U.S. fishery is ongoing with good catch results, though quotas have decreased for the 6th consecutive year.

Outlook: Imports from Japan have helped keep U.S. prices in check and inventory available.

Shrimp Black Tiger

Supply

Price

Key Drivers:
Raw material availability remains exceptionally tight, particularly for larger sizes.

Outlook: Expect availability and pricing to continue improving by early September.

Shrimp Domestic

Supply

Price

Key Drivers:
Harvest is in full swing, though catches are skewed toward medium and smaller white shrimp.

Outlook: Brown shrimp landings are currently the main source for large, premium sizes.

Shrimp White Imported

Supply

Price

Key Drivers:
Import momentum from May is helping steady the market through the summer months.

Outlook: Logistics challenges and Suez Canal rerouting continue to impact global shipping timelines.

Swai

Supply

Price

Key Drivers:
Overall supply meets demand, but higher global market interest is causing slight cost increases.

Outlook: Availability of smaller size fillets (3-5 oz) is improving as the year progresses.

Tilapia

Supply

Price

Key Drivers:
Ample stock is available, keeping prices relatively stable year-over-year.

Outlook: The tilapia market remains consistent with no major volatility expected.

Yellow Tuna/Swordfish

Supply

Price

Key Drivers:
The overall market shows ample stock and readily available frozen inventories.

Outlook: Pricing is expected to remain firm for the foreseeable future.

This comprehensive research empowers you to make informed business decisions. The information contained in this monthly market update is for informational purposes only. It represents our best estimates of commodity market conditions and is subject to change without notice. While we strive to provide accurate information, Gordon Food Service cannot guarantee the completeness or accuracy of the content. Any reliance you place on this information is strictly at your own risk.

125+ Years of Serving

Shop Our Stores

Explore Our Family of Private Brands

Two business employees looking at laptop preparing to place an order for their restaurant/ | Run Your Business

Ordering Made Easy

Where Purpose, People & the Planet Come First

Search Our Site…

Contact us at the home office

125+ Years of Partnerships at the Table & Beyond

Technology Solutions Catered To Your
Business Needs