Market UPDATES August

Mon, 31 Aug 2026 13:20:33 GMT

Market UPDATES August 2026

Snow Crab – The Canadian snow crab season is nearly complete, with only a limited number of loads remaining to be packed. Retailers have purchased more cautiously this year, while foodservice demand has remained strong and prices across all origins have narrowed into a tight range. The 8–10 oz size currently offers attractive value compared with recent years and may have the greatest potential for upward price movement. With no new production expected until March 2027, now is a good time to secure preferred brands and plan inventory needs accordingly.

Lobster – The 2026 Canadian spring lobster season was disappointing, with landings estimated to be at least 20% below recent years due largely to colder water and fewer fishing days. Strong demand for whole cooked lobster has limited the supply available for tails and meat, with shortages already developing in certain sizes. Neither the Maine nor Canadian fall fisheries have produced enough volume to ease pricing, and lower seasonal yields are adding further pressure. Buyers should consider securing available spring inventory now, as shortages are expected and meaningful price relief appears unlikely.

 Texas Brown Shrimp – The Texas brown shrimp season opened July 15, with approximately 38 days of fishing completed. Production is running above average, resulting in prices that are considerably lower than last year. Although high fuel costs remain a challenge for the fleet, current pricing represents a strong buying opportunity. Customers should consider securing headless shrimp in sizes ranging from 10/15 through 41/50 while availability and pricing remain favorable.

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Market UPDATES August

Market UPDATES August 2026