Red hot cod, haddock prices

Undercurrent News' Tom Seaman and Lorin Castiglione give an overview of the record high prices for cod and haddock in US wholesale, then up the supply chain to headed and gutted (H&G) raw material, on the latest The Market Current video.

One of the advantages of UCN's price reporting agency (PRA) function is our data spanning the whole supply chain, which is well illustrated here. Click the link here if you don't have data access to UCN and want a trial and product demo: https://undercurrentnews-6169725.hs-s...

Lorin, UCN's PRA head for North America, kicks things off with an analysis of her latest price assessments for single and double frozen Atlantic and Pacific cod, and haddock, which are all at sky-high levels.

For Lorin's latest US wholesale market assessment and prices, for week 41, click here: https://www.undercurrentnews.com/data/prices/us-wholesale/groundfish

Tom, UCN's editor in chief and co-founder, then covers the dynamics behind the rocketing prices for H&G from both Russia and Norway.

Click this link for Tom's week 41 price assessments and analysis on Russian and Norwegian H&G cod and haddock, cost, insurance and freight (CIF) China:

Then, Tom and Lorin discuss the interplay between H&G Atlantic cod prices and US wholesale, as it can be up to six months from when the raw material is bought to when it arrives in the US as fillets or loins.

We then move on to cover H&G Pacific cod, and haddock, looking at the interplay with prices in the US market.

Finally, Tom gives a quick demo of the UCN auction pricing for cod and haddock from Norway and Iceland.