With Pacific Cod Problems, Whitefish Buyers May See a Wild Ride in 2018
After a period of relative stability, the next seafood commodity that may be buffeted by price swings will be whitefish.
Cod, the premium product in the complex, is likely to see shortages and rising prices in some specialty markets. But for buyers, there is instability throughout the complex.
Haddock, cod, tilapia, pangasius and pollock prices are all out of their normal relationship to each other. Disruptions in the cod market, possible major disruptions in pangasius and the fact that ...
Cod, Shrimp and Pangasius See Gains in U.S. Consumption
Cod is the big winner in the per capita U.S. consumption numbers, as it has taken an increased share of the whitefish market over the past five years.
The per capita consumption numbers released by the National Fisheries Institute recently showed a drop in overall U.S. seafood consumption from 15.5 to 14.9 pounds. Almost all of the drop was attributable to salmon, where consumption fell .7 pounds per person.
The NMFS model, on which NFI bases its numbers, is a disappearance model and is ...