Monday, March 16, 2009

Market Report 3/16/2009


Check out these beauties! Kick off the start of Spring this week and run Parrot Fish as a special! It is sure to brighten up your plate presentation with their beautiful color and sweet delicious taste!

Countries in the South Atlantic have aligned to help protect the Grouper species. They have implemented a moratorium in which it is illegal to catch Grouper. Traditionally, this time of year, Grouper spawn. This moratorium allows the species to repopulate. The moratorium will be ending next week. We should begin to see Grouper at the end of the week or early the following week.

Tuna supplies and pricing continues to remain stable.

Thankfully, Gulf of Maine groundfish are beginning to decline in price due to a cease in North Atlantic storms.

Monday, March 2, 2009

Market Report 3/2/2009

For months now, we have been hearing rumors of an impending crisis with the Chilean Salmon market. Unfortunately, the rumors are now being substantiated and the lethal Infectious Salmon Anemia (ISA) is aggressively taking over the Salmon farms. Industry officials are speculating that by April or May of 2009 there may not be any fresh Salmon exported from Chile.

ISA first surfaced in Norway in 1984. By 1988, ISA had become so widespread that the Norwegian Ministry of Agriculture, Fisheries, and Food was required to declare it a notifiable disease. During the late eighties and early nineties, the Chilean Salmon farming industry exploded on the scene. At this time, aquaculture was still relatively new. The learning curve was very sharp and unfortunately, we are now beginning to see the effects 20 years later.

In order to rectify this situation and “clean up” this problem, the Salmon farms are being forced to harvest all Salmon and process them before they die off. No new “fry” (baby Salmon) are being introduced to contaminated waters, as they would not be fruitful. In order to harvest a “class” of Salmon, they must be at least 18 months old. Therefore, it may be two years before the Chilean Salmon fisheries are producing any marketable product.

In order to meet demand, Canada, Scotland, and Norway will be forced to up production. This will cause a strain on existing farms resulting in price increases.

Since ISA is not a new problem in the Salmon farming industry, new measures are being put in place to contain and hopefully eliminate another wide spread problem that can have such a devastating effect on the worlds supply, as well as the ecosystems that are affected by mismanaged fisheries.

Monday, February 23, 2009

Market Report 2/23/2009


Lent is upon us! Expect strong sales on fish fry items such as Blue Cod, Perch, Walleye, and Haddock!

Expect high pricing this week as inclement weather in the Northeast will cause limited availability on ground fish.

Monday, February 9, 2009

Market Report 2/9/2009



The Chesapeake Bay Wild Striped Bass fishery opened this week! Fisherman are bringing in huge 20-30 pound fish! Super fresh, these beauties are thick and delicious!


Demand for shrimp is very low in the three major world markets - US, Europe, and Japan. Pricing will be stable if not lower in upcoming months due to the sharp consumer cutbacks.


Let Blue Ribbon cover all your Valentine's Day Special center of the plate needs!


Maine Lobster Tails 4-5OZ or 5-6OZ 10# Box $16.99/#


Cold Water Lobster Tails 5OZ 10# Box $29.59/#


Contessa Raw Shrimp P&D Tail On 16/20CT 2.5# Box $8.99/#

Monday, January 19, 2009

Market Report 1/19/09



Due to the sluggish economy, many seafood items are remaining stable with the exception of scarce items like #1 Tuna.


Inclement weather in the Northeast has caused a cease in Nantucket Bay Scallop Harvesting. Fisherman are unable to harvest these precious gems by law when the weather reaches below 28 degrees.


Pumpkin Sword Loins are in the house! Get this special treat while it lasts!

Monday, January 12, 2009

Market Report 1/12/2009



Normal fishing activity has resumed after the holiday season in the North Atlantic causing the availability of groundfish to increase and the price to decrease!


Southern Atlantic species such as Tuna, Swordfish, and Red Snapper are scarce this week resulting in significant price increases.


Keep your eyes out for some new products heading our way this week! In an effort to bring you the most responsibly produced seafood available, we will be extending our sustainable line to include Farm Raised Halibut from Gigha Island in Scotland and Fisherman's Daughter Shrimp, wild caught in the Gulf of Mexico!

Monday, January 5, 2009

Market Report 1/5/2009



Happy New Year!


Great news for tiger shrimp lovers... the market continues to fall resulting in very attractive pricing!


We will see an increase in the price of groundfish this week as they have been scarce due to inclement weather and minimal fishing during the holiday season.