May 20, 2021 Information from Schreiber in partnership with INTL FCStone: WHAT YOU NEED TO KNOW • GDT futures are pointing toward an increase for the GDT event next week • CME cheese and Class III milk were stronger than expected this week,

haven’t pinpointed an exact reason why yet • High feed costs are going to limit global milk production growth in the

second half of the year, and there are still further upside risks for feed.

SHELL EGGS Atlanta, GA Wed. May 19, 2021 USDA Market News New York prices are steady. Regional and California prices are steady. The undertone is steady to instances full steady. Offerings are light to moderate. Supplies range light to heavy, generally moderate to fully adequate for needs. Retail demand remains light to moderate. Food service demand is at times light to moderate with improvement noted. Market activity is slow to moderate. Breaking stock floor stocks are light to moderate; breaking schedules are mostly normal. Light type hen offerings are moderate to heavy for the light demand. SOURCE: USDA Livestock, Poultry & Grain Market News Division Atlanta, GA 404.562.5850 email: Atlanta.lpgmn@ams.usda.gov http://www.ams.usda.gov/market-news/livestock-poultry-grain Click the link below for a more in depth dairy analysis. Dairy Market Outlook

May 20, 2021

THE PLASTICS EXCHANGE – MAY 14, 2021 The spot resin markets were a tad slower this past week, our completed volumes were still well ahead of year ago levels, which was amid the Covid market trough, but only ran around the elevated average that we have experienced so far during 2021. The activity is nothing to complain about, but also nothing to write home about either. We have seen this type of ebb and flow action the past couple of months as demand fluctuates between a cautious pause and then another surge. The supply situation has not changed much either as most producers remain under Force Majeure and / or only providing limited contract volumes per allocations. Spot Polyethylene and Polypropylene prices were widely mixed by grade, most materials have held their steep spot premiums while some grades have become more available and unable to hold peak price levels. Producer direct Polyethylene exports continue to flow, but relatively few offers have been shown to the exporter community as supplies remain snug and the vast majority of Prime resin is used to fill contract orders. Those limited incremental export offers have generally been priced out of reach of international buyers. Logistics issues and soaring freight rates, both ocean and domestic trucking, have added to delivered resin costs.

Resin for Sale 9,923,136 lbs Spot Range TPE Index

Resin Total lbs Low High Bid Offer HDPE - Inj 1,927,360 $ 0.950 $ 1.070 $ 0.980 $ 1.030

PP Homo - Inj 1,772,852 $ 1.100 $ 1.380 $ 1.290 $ 1.390

PP Copo - Inj 1,224,116 $ 1.240 $ 1.455 $ 1.370 $ 1.470

LDPE - Film 1,179,748 $ 1.020 $ 1.120 $ 1.050 $ 1.100

LLDPE - Film 1,033,196 $ 0.930 $ 1.055 $ 0.950 $ 1.000

HMWPE - Film 949,564 $ 0.850 $ 0.950 $ 0.910 $ 0.960

HDPE - Blow 855,012 $ 0.960 $ 1.160 $ 1.030 $ 1.080

LLDPE - Inj 542,736 $ 0.950 $ 1.150 $ 1.010 $ 1.060

LDPE - Inj 438,552 $ 0.950 $ 1.020 $ 0.960 $ 1.010

Polyethylene trading was good, but not great, activity has generally been hampered by limited supplies that have not yet recovered from the series of production issues that have plagued the North American plastics industry. While most plants have been back up and running, some reactors are still having production issues, so spot supplies are still super snug. Most Prime resins were hard to source, though a decent flow of offgrade has continued. HDPE for blow molding has remained the shortest material, another round of eager buyers grabbed every pellet that appeared, those prices jumped a solid $.04/lb. Blow Molding is the only PE grade that we have seen significant imports come to help close the supply shortfall. Quite to the contrary, HMW for film has become a bit loose as competitive offers from overseas have usurped many potential export orders, this resin chunked off a hefty $.04/lb this past week. The rest of the commodity PE materials including LDPE Clarity, LLDPE Hexene, MDPE Rotomolding, HDPE high flow, LLDPE injection and granular, each added $.01-.02/lb as general tightness remained. Producers should ink their $.05-.06/lb price increase for May contracts and some have another increase nominated for June. Polyethylene prices have disconnected from Ethylene costs, which decreased $.07/lb this past week and have dropped a huge 33% since May began. The Polypropylene market has bucked its interim softness and has returned higher as supplies remain very tight and rapidly rising monomer costs foretell a sharp increase in May contracts. Prime railcars are still generally absent from the spot market, but we saw a fairly steady flow of offgrade PP railcars, with a good range of quality from rough offgrade transitional resin all the way up to near prime material; Homopolymer was again more available than Copolymer. There was some consolidation in pricing as the lower end of the spectrum cleaned up and in an ultra-rare occurrence, average HoPP prices slid a cent, while CoPP resins rose. A significant amount of PP imports have been reaching the US shores, but most have been presold, though additional cargoes are making their way across the seas to help satisfy demand. Spot PGP has maintained its rally back in to the mid-$.70s/lb, and if prices continue to hold, we expect May contracts

HDPE Blow Molding 1 Year

to jump between $.15-.20/lb, and we would not be surprised to see producers awarded an additional margin enhancing increase, so there is a very good chance that May PP contracts will see an increase in the vicinity of $.20/lb. We have been firm in our conviction that spot material would remain tight and we are still fairly bullish both Polyethylene and Polypropylene prices. The North American resin market has seen ongoing production disruptions, which have helped maintain the extraordinary supply / demand imbalance. While the gap has been closing over time, additional hiccups have come to challenge the return to normalcy. We are not out of the woods yet and must advise early that the hurricane season, which officially begins in June, is forecast to be heavy and could again prove to be problematic. Michael Greenberg 312.202.0002 @ResinGuru www.theplasticsexchange.com

PP Homopolymer 1 Year

May 20, 2021 Higher in Price

District Name Commodity Name Market Tone

SOUTH & CENTRAL CALIFORNIA AND MEXICO CROSSINGS THROUGH SOUTHERN CALIFORNIA AND SAN LUIS, ARIZONA

ARTICHOKES

18S SLIGHTLY HIGHER, OTHERS ABOUT STEADY.

SOUTH & CENTRAL CALIFORNIA AND MEXICO CROSSINGS THROUGH SOUTHERN CALIFORNIA AND SAN LUIS, ARIZONA

BRUSSELS SPROUTS SLIGHTLY HIGHER.

SANTA MARIA CALIFORNIA CAULIFLOWER SLIGHTLY HIGHER.

OXNARD DISTRICT CALIFORNIA CELERY

2 DOZEN SLIGHTLY HIGHER, OTHERS ABOUT STEADY.

MEXICO CROSSINGS THROUGH NOGALES, ARIZONA HONEYDEWS

8S ABOUT STEADY, OTHERS SLIGHTLY HIGHER.

SANTA MARIA CALIFORNIA LETTUCE-ROMAINE SLIGHTLY HIGHER.

MEXICO CROSSINGS THROUGH NOGALES, ARIZONA MANGOES

TOMMY ATKINS 9S SLIGHTLY HIGHER, ATAULFO SLIGHTLY LOWER, OTHERS ABOUT STEADY.

LEXINGTON DISTRICT, SOUTH CAROLINA ONIONS GREEN SLIGHTLY HIGHER.

CENTRAL AMERICA IMPORTS - PORTS OF ENTRY SOUTH FLORIDA

PEAS GREEN SLIGHTLY HIGHER.

SOUTH & CENTRAL DISTRICT CALIFORNIA PEAS GREEN

SNOW HIGHER, SUGAR SNAP SLIGHTLY HIGHER.

MEXICO CROSSINGS THROUGH TEXAS PEPPERS, OTHER

JALAPENO AND POBLANO HIGHER, OTHERS ABOUT STEADY.

FLORIDA POTATOES

YELLOW SZ A 50 LB SACKS & CARTONS HIGHER, YELLOW SZ B SACKS & CARTONS LOWER, OTHERS ABOUT STEADY.

UPPER VALLEY, TWIN FALLS-BURLEY DISTRICT IDAHO POTATOES

CARTON 40-70S SLIGHTLY HIGHER, OTHERS STEADY.

SOUTH GEORGIA SQUASH HIGHER.

MEXICO CROSSINGS THROUGH NOGALES, ARIZONA TOMATOES

5X5-5X6S SLIGHTLY HIGHER, 5X5-5X6 SIZE HIGHER, 4X4-4X5S ABOUT STEADY.

CENTRAL & SOUTH FLORIDA

TOMATOES, CHERRY

SLIGHTLY HIGHER.

CENTRAL & SOUTH FLORIDA

TOMATOES, GRAPE TYPE

ORGANIC ABOUT STEADY, OTHERS HIGHER.

MEXICO CROSSINGS THROUGH NOGALES, ARIZONA

TOMATOES, GRAPE TYPE

HIGHER.

CENTRAL & NORTH FLORIDA WATERMELONS

RED FLESH SEEDED LOWER, RED FLESH SEEDLESS HIGHER.

Lower in Price

District Name Commodity Name Market Tone

CENTRAL COAST CALIFORNIA ANISE LOWER.

PERU IMPORTS - PORTS OF ENTRY SOUTH FLORIDA ASPARAGUS

LARGE AND STANDARD SLIGHTLY LOWER, OTHERS ABOUT STEADY.

MEXICO CROSSINGS THROUGH TEXAS AVOCADOS

CONVENTIONAL 60S LOWER, OTHERS ABOUT STEADY.

SANTA MARIA CALIFORNIA BROCCOLI SLIGHTLY LOWER.

MEXICO CROSSINGS THROUGH TEXAS BROCCOLI SLIGHTLY LOWER.

OXNARD DISTRICT CALIFORNIA CABBAGE

GREEN SLIGHTLY LOWER, RED ABOUT STEADY.

CENTRAL COAST CALIFORNIA CABBAGE

RED SLIGHTLY LOWER, GREEN ABOUT STEADY.

MEXICO CROSSINGS THROUGH NOGALES, ARIZONA CUCUMBERS

36S SLIGHTLY LOWER, OTHERS ABOUT STEADY.

CENTRAL COAST CALIFORNIA ESCAROLE SLIGHTLY LOWER.

LEXINGTON DISTRICT, SOUTH CAROLINA GREENS LOWER.

SALINAS-WATSONVILLE CALIFORNIA LETTUCE-ICEBERG

24S SLIGHTLY LOWER, 30S ABOUT STEADY.

SANTA MARIA CALIFORNIA LETTUCE-OTHER

GREEN LEAF LOWER, RED LEAF SLIGHTLY LOWER.

SALINAS-WATSONVILLE CALIFORNIA LETTUCE-ROMAINE

HEARTS SLIGHTLY LOWER, 24S ABOUT STEADY.

MEXICO CROSSINGS THROUGH TEXAS LIMES

175-200S MUCH LOWER, OTHERS LOWER.

MEXICO CROSSINGS THROUGH NOGALES, ARIZONA MANGOES

TOMMY ATKINS 9S SLIGHTLY HIGHER, ATAULFO SLIGHTLY LOWER, OTHERS ABOUT STEADY.

CENTRAL AMERICA IMPORTS - PORTS OF ENTRY SOUTH FLORIDA

MISC BERRIES SLIGHTLY LOWER.

LOWER RIO GRANDE VALLEY, TEXAS ONIONS DRY

WHITE JUMBO, YELLOW JUMBO LOWER, OTHERS STEADY.

MEXICO CROSSINGS THROUGH TEXAS PAPAYA SLIGHTLY LOWER.

MEXICO CROSSINGS THROUGH NOGALES, ARIZONA

PEPPERS, BELL TYPE

RED 15 POUND SLIGHTLY LOWER, OTHERS ABOUT STEADY.

CENTRAL & SOUTH FLORIDA PEPPERS, OTHER

JALAPENO SLIGHTLY LOWER, OTHERS ABOUT STEADY.

CENTRAL AMERICA IMPORTS - PORTS OF ENTRY SOUTHERN CALIFORNIA

PINEAPPLES

8S SLIGHTLY LOWER, OTHERS ABOUT STEADY.

FLORIDA POTATOES

YELLOW SZ A 50 LB SACKS & CARTONS HIGHER, YELLOW SZ B SACKS & CARTONS LOWER, OTHERS ABOUT STEADY.

CENTRAL & SOUTH FLORIDA TOMATOES

6X7 SIZE SLIGHTLY LOWER, OTHERS ABOUT STEADY.

CENTRAL & SOUTH FLORIDA

TOMATOES, PLUM TYPE

LOWER.

MEXICO CROSSINGS THROUGH NOGALES, ARIZONA WATERMELONS

45 COUNT SLIGHTLY LOWER, OTHERS ABOUT STEADY.

CENTRAL & NORTH FLORIDA WATERMELONS

RED FLESH SEEDED LOWER, RED FLESH SEEDLESS HIGHER.

Source https://www.marketnews.usda.gov/mnp/fv-shipping-point-highlights

May 20, 2021

US REGULAR GASOLINE PRICES 05/17/2021 $3.028/gallon 05/10/2021 $2.961/gallon 05/03/2021 $2.890/gallon +.067 week ago +1.150 year ago

US ON-HIGHWAY DIESEL FUEL PRICES 05/17/2021 $3.249/gallon 05/10/2021 $3.186/gallon 05/03/2021 $3.142/gallon +.063 week ago +.863 year ago

May 20, 2021 Got Flour? When we talk “flour,” we are talking about wheat flour. Because wheat is the most commonly distributed cereal grain in the world, a reference to flour is generally a reference to wheat flour.

And just as flour is not “just flour,” wheat is not “just wheat.” Wheat can be classified by three major categories: growing season (winter, spring), kernel hardness (hard, soft) and bran color (red, white). These categories have a significant impact on the functionality of the finished flour.

Over the next few weeks, we will be discussing each of these categories more in depth.

Information provided by General Mills Foodservice

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Bus

hel P

rice

Futures & Basis Markets

KC Future

Spring 15% Basis

Mpls Future

Winter 13% Basis

Flour pricing consists of a combination of Wheat futures prices and Basis Premium prices per bushel. Information contained on this chart closely resembles Gold Medal All Trumps, Mpls. Future + 15% Basis, and Harvest King, KC Future + 13% Basis. This chart does not reflect

This Chart is meant to indicate Market Direction Only.

WHEAT Weekly Market Highlights – May 20, 2021

• The board’s weakness is due to timely rains in the forecast for the U.S. which is helping drought-stricken areas with improved conditions.

• Significant dryness continues for parts of South America, Russia, and the Black Sea region which is expected to effect yields.

• Winter wheat crop tour showed scouts projecting a record setting average yield of 59.2 which is the highest Day 1 average ever reported.

RICE In the south, long and medium grain milled rice steady. Parboiled prices steady. Second heads and Brewers steady. Rice by-products: Rice Bran, Millfeed and Rice Hulls steady. In California, medium grain milled rice steady. Second heads and Brewers steady. Rice by-products: Rice Bran and rice hulls steady.

Source: USDA Market News Service, Little Rock, AR James M. Ward, (501)823-1711 JamesM.Ward@usda.gov www.ams.usda.gov/mnreports/LR_GR410.txt www.ams.usda.gov/lsmarketnews

May 20, 2021 Here is a state of the industry report published by the Port of New York and New Jersey. For the first three months of 2021, containers coming into the port of NY and NJ are up 19.5% over last YTD.

May 20, 2021 Oilseeds/Vegetable Oils Crop Progress: •SB planted: 61% vs. 42% WA vs. 37% avg. •SB emerged: 20% vs. 10% WA vs. 12% avg. Soybeans/SBO: • Soybeans down 3 ½₵ (0.2%); SBO up 310 points (4.8%) on the week. • U.S. SB export shipments 5.3 M bushels lowest of the crop year. • Brazil sells most soybeans to U.S. since 2014; 7.6 M bushels so far. • Informa says SB acres 88.485; up 885,000 • BRAZIL: Cordonnier keeps estimate at 134 MMT; CONAB at 135.4; USDA at 136. • Brazilian farmers have sold 71.8% of their 2020/21 crop. • ARGENTINA: Harvest progress 70.6%; 87.4%; LY and 74.2% average… Arggie export

SBO offered at -410 N for June ship. • Low water on the Parana River affecting Arggie exports likely to get worse before

it gets better. • Palm Oil: PO up $17.50 (1.6%) on the week… • Indian imports of PO large at 701, 795 MT in April; up 82% from YA, due to high

prices of other oils. SBO imports down 21% vs YA. • MPOB April Production & Stocks both up 7%... see slide • Rapeseed/Canola Oil: Canola futures (July) down hard $134.10 (13.3%) on the week. • Old crop cash futures fall hard. • Better rains across the Canadian prairies, with more predicted into the weekend is

pressuring NC seed prices. Information brought to you by Catania Oils

The market seemed to lack direction on Monday with beans ending stable, meal weaker, and oil mostly supported, albeit with the bulk of the strength occurring mainly in old crop contracts (July posted gains over 2%) and new crop and into cal 2022 trading closer to unchanged or slightly negative. NOPA report was released yesterday and showed a US crush number for April below market expectation at 160.310mbu (VS 168.741mbu). This number is down VS last month (177.984mbu) and below April 2020 level (171.754mbu). Bean oil futures found some support as bean oil stocks came out close to the lower range of market expectations

Soyoil Soybeans Soymeal Palm Oil 20 higher 6 lower 2 lower 213 high

Soybean Oil: US planting progress showed a corn number close to the lower range of market expectations while beans came out slightly above expectations. Plantings for soybeans is 61% complete which is well in advance VS the 5-years average at 37%. Muyuan Foods Co Ltd, one of the largest pig producers in China, said it only used 9.8% of SBM in its feed last year which is below the national average of 18%. As a reminder, the Chinese government recently sent guidelines to feed producers to use alternative protein sources to feed animals and reduce the country dependency on soybeans imports. Palm Oil: Huge trading session last night as BMD closed up MYR 213. CBOT was the driving force as SBO closed up +100pts in overnight trading. China stepping in with purchase of 8-10 vessels for Oct despite parities being negative. Other destinations quiet on the overnight, India continues to stay out of the cash market amid its most recent COVID-19 outbreak and deeply negative import margins.

Near term forecast calls for a fairly quiet start to the week with a turn towards a more active pattern in the back half of the week with scattered showers and storms in the back drop of warmer temps. Longer term forecast suggests that the more active pattern seen at the end of the 1-5 day window will continue and eventually weaken out. It will remain warm across the Midwest (especially ECB) with widespread upper 70°Fs and 80°Fs expected. Drier weather will continue in the ECB due to this ridge of high pressure in place. Scattered storms expected in the central plains with the biggest opportunity of rain to be in the western/northwestern Midwest, Dakotas and southeastern Prairies which will be very welcomed to ward off further drought creep from the far west.

Information brought to you by Cargill

May 20, 2021

BEEF MARKET Record beef packer margins continue with estimates near $900 per head (that is a big reason for the above inquiry). The harvest did not meet industry expectations last week leaving the boxed beef market under supplied again. The fed harvest ideally would be in the 520k range weekly to satisfy demand, but last week only saw approximately 510k harvested. This week hopefully we will be closer to the needed level. Overall, when looking at recent cattle harvest rates, packers are processing 10,000-15,000 fewer cattle per week when compared to 2019. Layer in robust foodservice/retail demand for beef and it is clear to see why the boxed beef market is short of current demand. As for now, outside cuts are counter seasonally strong and in short supply for a couple of reasons. First, imported lean meat is very much in demand and prices are high. Grinders are looking domestically for lean grinding materials and have turned to whole muscle outside cuts. In addition, retailers pivoted to outside cuts after middle meats skyrocketed this spring in hopes of finding some price points that made sense to feature. Middle meats, specifically ribs and tenders (especially select grade) are still very hard to find.

• Rounds – steady/higher • Chucks –steady/higher • Ribs – steady/higher • Loins –steady/higher • Grinds- steady/higher

All Charts compliments of JBS USA reporting

PORK Availability remains very tight on many items within the pork complex as robust demand and curtailed production keep prices high and availability low. Hogs are still very expensive and packer margins are low which is the exact opposite of what is going on in the beef complex. Ribs, backribs and bnls butts remain very hard to find. For the near-term Memorial Day demand is expected to keep prices firm across all items. Bellies and ribs are supported on smaller harvest levels and limited freezer stocks. Most analysts expect availability issues and high prices to continue well into summer.

• Butts –higher • Ribs – higher • Trimmings – steady • Loins – steady • Bellies – steady • Hams – steady/higher

Charts compliments of JBS USA reporting This publication is provided as a privilege. Forwarding without permission may result in the loss of that privilege

CHICKEN Atlanta, GA. Wed. May 19, 2021 USDA Market News Whole broiler/fryer prices are generally trending steady for all sizes. Offerings of all sizes remain closely balanced to short, with labor/production issues noted. Retail and food service demand is moderate to good for mid-week business. Floor stocks are balanced. Market activity is moderate to instances active. In the parts structure, prices are steady to firm for wings, boneless skinless breasts, and dark meat cuts. Tenders and thigh meat are firm, and the remainder of parts are mostly steady. Offerings of tenders and thigh meat are tight, and moving well. Boneless skinless breasts, wings, and most dark meat cuts are light to moderate, with thighs and boneless skinless breasts slightly more available. Market activity for parts is moderate to active. In production areas, live supplies are light to moderate. Weights are mixed, but noted as mostly desirable. SOURCE: USDA LIVESTOCK, POULTRY & GRAIN MARKET NEWS DIVISION Atlanta, GA 404.562.5850 email: Atlanta.lpgmn@ams.usda.gov http://www.ams.usda.gov/market-news/livestock-poultry-grain.

TURKEY DES MOINES, IA Wed. May 19, 2021 USDA Market News DOMESTIC MARKET HIGHLIGHTS The market on frozen 8-16 lb. hens and 16-24 lb. toms is steady to firm with prices trending higher. Demand light. Frozen domestic processor offerings of Grade A 8-16 lb. hens are short to very light and 16-24 lb. toms are very light to light. Frozen Grade A basted equivalent processor offering prices on a national basis for 8-16 lb. hens are 114.00-123.00 cents FOB and 16-24 lb. tom offerings at 114.00-123.00 cents FOB for current deliveries. Trading slow. Frozen basted equivalent 8-16 lb. hens and 16-24 lb. toms traded at 118 cents FOB for current shipments and 16-24 lb. toms traded at 118 cents FOB late June deliveries. The white meat and white trim markets are mostly firm. Demand moderate to good. Offerings short to light. The market on consumer sized breasts is steady to firm while institutional sized breasts are steady. Demand light to moderate.

Offerings of 4-8 lb. breasts short of needs while heavier sizes are very light to light. The market on hen and tom bulk parts is mostly firm. Demand moderate to good. Offerings of tom bulk parts short to very light. The thigh meat market is steady to firm. Demand light to good, mostly moderate to good. Offerings short to very light. The mechanically separated turkey market is steady to firm. Demand mostly moderate. Offerings short to light. Trading slow to moderate. EXPORT MARKET HIGHLIGHTS Trading slow. The market is steady to mostly firm. Demand is light to good, mostly moderate to good. Offerings short to light. Source: USDA Livestock, Poultry, & Grain Market News Des Moines, IA 515.284.4460 desm.lpgmn@ams.usda.gov http://www.ams.usda.gov/market-news/livestock-poultry-grain

May 20, 2021 Click here to watch a video update on China’s seafood market brought to you by Tradex. Pollock Demand for DS and PBO blk remain very strong. Prices will continue to move up as market remains in short supply. IQF fillet production is also very limited due labor constraints in Alaska impacting production capabilities unfavorably. Market will remain short on IQF fillets for the coming month and prices will continue to move up as supply is limited. Cod The market remains strong for Wild Alaska cod fillets and single frozen portions. Supply continues to be limited on raw materials for VA production and commodity shatter pack cod fillets. We are also still seeing supply constraints on twice frozen loins and portions from China due to post CNY build up and slow return of workforce and shipping challenges. Look for prices to continue to move up as demand increases.

Rockfish Good inventory on all sizes of fillets.

Flounder All sizes of fillets are tight going into Spring 2021 fishery Halibut Domestic inventories on frozen Halibut fletch and H&G fish are very limited. Look for prices to remain firm and move up despite the quota increase in 2021. Early fish is primarily all going into fresh market, so expect a slow supply line fill on frozen raw material needs.

Sockeye Salmon State came in at 94% of forecast, overall a good season. Market is tight, and prices are nearing record highs. Atlantic Salmon Prices are on the rise with supply restrictions, and greater demand looks This trend will continue in the upcoming months..

Coho Salmon Coho market is stable will have to see how this plays out going into the new season.

Keta Salmon Extreme lack of fish here has created supply issues with all Wild Salmon. These issues will be ongoing until the fisheries begin to open this summer.

Pink Salmon Pink Salmon came in at 94% of forecast, and it was a very strong off year for Pinks. They are seeing increased pricing pressure due to the lack of Chum on the market.

Langostino Lobster Quota up slightly for 2021 season but fishing is delayed due to COVID and strikes earlier this year. New season product will not arrive until July.

Gold King Crab Quota announced at 10% lower than last year and little to no supplies available on the market. Some fishing remains but overall supplies of Golden KC are limited to none.

AK Red King Crab 2020 season harvest is completed, and inventories are finally arriving in Seattle. Very limited inventory remains.

Opilio Snow Crab Demand remains very strong and the trickle of supplies from Alaska has not been enough to keep up with demand.

Bairdi Snow Crab

Quota announced at 2.3mm pounds for this season in the Bering Sea and Kodiak season closed for 2021. The Bering Sea fishery has officially closed with ~53% of the TAC left in the water due to poor fishing.

Dungeness Crab New season harvest in Alaska will begin in June with availability starting in July.

Mahi Mahi Fishing Season ending. Market and pricing to go slightly upward after slower than expected fishing. Supply is currently good to cover forecasts, please reach out with any new business opportunities.

Information brought to you by Trident Seafoods