May 31 - The Retail Rundown: Jumping on June's Next Retail Occasion
May 26 - ANALYSIS: Snow Crab at Retail Heats Up
May 24 - The Retail Rundown: Grilling Ads Galore
May 17 - The Retail Rundown: Memorial Day Outlook; Assessing Proposition 12
May 16 - ANALYSIS: Frozen Sockeye Prices Continue to Retreat Ahead of the New Season
May 11 - ANALYSIS: Live Lobster Prices Slide as Supply from Canadian Spring Season Enters Market
May 10 - The Retail Rundown: Grocers Aim to Capture Mother’s Day Spending
May 9 - ANALYSIS: Pangasius Imports Down 50 Percent YTD
May 8 - ANALYSIS: King Salmon Closures Could Have a Major Impact on 2023 Pricing
May 3 - The Retail Rundown: Several Occasions to Boost Spending This Month
Apr 26 - The Retail Rundown: Inching Towards May
Apr 12 - The Retail Rundown: Filling in the Gaps; CPI Update
Apr 6 - ANALYSIS: Declines in U.S. Shrimp Imports Continue in February
Apr 6 - ANALYSIS: Snow Crab Continues to Weaken Ahead of Open
Apr 5 - The Retail Rundown: Grocers Egg on Easter Sales
Mar 29 - The Retail Rundown: Holiday Ham Breakdown
Mar 27 - ANALYSIS: Chilean Fresh Fillets Drop 10.1 Percent Since End of February
Mar 22 - The Retail Rundown: Seasonal Switch Supports Deli Counter
Mar 15 - The Retail Rundown: Is Chicken Wing Demand a Slam Dunk this March Madness?
Mar 13 - ANALYSIS: Cod and Pollock Imports See a Substantial Increase from China
Mar 13 - ANALYSIS: Canadian Fresh Whole Salmon Down 47 Percent To Start 2023
Mar 8 - The Retail Rundown: Key Findings From the 18th Annual Power of Meat Study
Mar 6 - ANALYSIS: Imports Continue To Increase For Frozen Spanish Octopus In 2022
Mar 6 - ANALYSIS: Blue Swimming Crab Meat Firms for First Time in Over a Year
Mar 1 - The Retail Rundown: Marching Towards Spring Demand
Feb 22 - The Retail Rundown: Rounding Out February
Feb 21 - ANALYSIS: Average Retail Price and Promotions Higher for Fresh Salmon Heading into Ash Wednesday
Feb 16 - ANALYSIS: Frozen Salmon Fillet Volume Almost Doubles in 5 Years
Feb 15 - The Retail Rundown: Upcoming Lenten Season Lifts Seafood Sales
Feb 13 - Valentine’s Day 2023: Salmon to Dominate at Retail, But Same Can’t Be Said For Lobster
Feb 8 - ANALYSIS: December 2022 Shrimp Imports Decline Faster than Expected; Annual Volume Drops
Feb 8 - The Retail Rundown: Super Bowl Shines Bright in Otherwise Dull Demand Period
Feb 3 - ANALYSIS: China’s Appetite for Imported Shrimp Confirmed
Feb 3 - ANALYSIS: Pangasius Market Reporting Oversupply Ahead of Seafood Holidays
Feb 1 - The Retail Rundown: Comparing Urner Barry's Protein Indices
Jan 25 - The Retail Rundown: How Do Plant-Based Meat Sales Fare at Retail?
Jan 19 - The Retail Rundown: Seafood Feature Volume Increases
Jan 13 - The Retail Rundown: Beef Dominates Total Sales; CPI Data Released
Jan 5 - The Retail Rundown: Exploring COMTELL’s Revamped Retail Section
Dec 29 - This Week in Retail: Meat and Poultry Highlights of 2022
Dec 22 - This Week in Retail: Sleigh-ing the Competition with Holiday Deals
Dec 8 - This Week in Retail: The Christmas Countdown
Dec 1 - This Week in Retail: Grocers Deck the Halls With December Deals
Nov 17 - This Week in Retail: Good Gravy… The 2022 Thanksgiving Rundown
Nov 10 - This Week in Retail: Busy Shoppers Seek Convenience; Inflation Eased in October
Nov 3 - This Week in Retail: Grocers Focus on Holiday Demand in November
Oct 27 - This Week in Retail: Turkey is the Talk of the Town
Oct 13 - This Week in Retail: Egg Features Lag; CPI Data Outpaces Expectations
Oct 6 - ANALYSIS: August Shrimp Imports Decline Accelerates
Oct 6 - This Week in Retail: Varying Supplies, Weather Influence Retail Activity
Sep 26 - ANALYSIS: Canadian Snow Crab Prices Begin Rebound
Sep 22 - This Week in Retail: Seasonal Trends Start to Shift
Sep 15 - This Week in Retail: Protein Indices Are Above 3-Year Average; CPI Data Released
Sep 8 - This Week in Retail: Seasonal Transition for the Meat Case
Sep 2 - ANALYSIS: Blue Swimming Crab Meat Dips Below 2017 Levels
Aug 25 - This Week in Retail: Gearing Up for the Last Major Retail Event of Summer
Aug 22 - ANALYSIS: Crab Meat Headed Into Norfolk Up 54 Percent
Aug 18 - This Week in Retail: Beef Features Increase Ahead of Labor Day
Aug 11 - ANALYSIS: Canada Lobster Tail, Meat Exports to U.S. Fall Short in June
Aug 11 - This Week in Retail: Reviewing the Chicken Complex; CPI Update
Aug 8 - ANALYSIS: Blue Swimming Crab Meat Continues Decline Into August
Aug 5 - ANALYSIS: June Shrimp Imports Edge Higher
Aug 4 - This Week in Retail: Sizing Up August, Back to School Needs
Jul 29 - ANALYSIS: Pangasius Imports Break Records as Prices Plummet
Jul 28 - This Week in Retail: Wrapping Up July; Digesting the Latest GDP Data
Jul 25 - ANALYSIS: Farmed Salmon Index Dips Below 2021
Jul 22 - ANALYSIS: Wild Salmon Week in Review July 16-22
Jul 21 - This Week in Retail: Extreme Heat and its Impact on Protein Demand
Jul 18 - ANALYSIS: 5-8s at 5-Year Low; Buying Opps Up For Snow Crab
Jul 14 - This Week in Retail: Consumer Spending in Question as Inflation Heats Up
Jul 11 - ANALYSIS: Red Swimming Crab Meat Market Steadily Moving Lower
Jul 8 - ANALYSIS: May Shrimp Imports Decline for the First Time Since September 2021
Jul 7 - This Week in Retail: Travel Season and Foodservice Demand
Jul 5 - ANALYSIS: Snow Crab Season Begins to Wrap Up Around Canada
Jun 30 - This Week in Retail: This Year's July Fourth Cookout Could be Costlier
Jun 27 - ANALYSIS: Farmed Salmon Update Heading Into July
Jun 23 - This Week in Retail: Supermarkets Prep for July 4th
Jun 21 - ANALYSIS: Tilapia and Pangasius Under Downwards Pressure
Jun 16 - This Week in Retail: Seafood and Beef Lead Father's Day Ads
Jun 9 - This Week in Retail: Competing Proteins for Father’s Day
Jun 8 - ANALYSIS: April Shrimp Imports March Higher Driven by Most Top Trade Partners
Jun 3 - ANALYSIS: Scallop Supply Shows Improvement; Select Sizes, Origins Adjust
Jun 2 - This Week in Retail: Prepping for the Next Major Summer Grilling Occasion
May 31 - ANALYSIS: Blue Swimming Crab Meat Market Adjusts Lower
Jumping on June's Next Retail Occasion
Now that June is within reach, grocers are preparing for the next major grilling event—Father's Day, which is just over two weeks away.
Consumers often seek out premium cuts of meat like steaks for Father's Day as opposed to lower-cost options such as burgers, which are typically favored to feed large gatherings during Memorial Day.
This could provide a needed boost for the steak complex, which saw a slowdown in total sales dollars last week. According to the latest Circana data, fresh beef loin retailed at $13.54 discounted (up 39 cents from last week)...
ANALYSIS: Snow Crab at Retail Heats Up
The Canadian snow crab market in the U.S. has seen 2023 product out of the Gulf of St. Lawrence. And as of this writing with data from May 24, just under 85 percent of the quota has been caught. Pricing has been very steady for the past five weeks since the open of the Gulf on 5-8s. Gulf 8 and 10-ups have seen upward pricing pressure and quotations adjusted higher May 23.
Out of Newfoundland, the stalemate has ended, and fishing has begun...
The Retail Rundown: Memorial Day Outlook; Assessing Proposition 12
Circulars are promoting snacks, beverages, and various protein items ahead of the approaching Memorial Day holiday—the first major retail event of the year. While burgers and hot dogs are popular choices for the holiday, other grilling items boast competitive prices this year.
Wholesale beef prices, which have come under pressure as of late but remain at the third highest levels for the current period, may influence feature volume and retail prices this Memorial Day.
Seafood features make up 35.1% of buying opportunities this week, overtaking pork at 23.7%...
ANALYSIS: Live Lobster Prices Slide as Supply from Canadian Spring Season Enters Market
The shore price in Canada started the year at CA$8.00 and quickly escalated to CA$13.00. Limited fishing and light landings this fall and winter, combined with the short-lived demand for Chinese New Year, resulted in market prices firming in January, eventually peaking in March. Meanwhile, the Maine boat price held steady at $10.00 on limited catches. Supply constraints and sustained acquisition pricing remained in place as the spring season unfolded.
However, given the rapid increase in replacement costs, and the...
ANALYSIS: Pangasius Imports Down 50 Percent YTD
In March 2023, the United States imported a total of 11.4 million pounds of frozen pangasius fillets. Vietnam was the sole exporting country for these imports, with no imports recorded from Thailand, China (mainland), Indonesia, Malaysia, or other countries...
The Retail Rundown: Several Occasions to Boost Spending This Month
The calendar has finally changed to May and grocers are eager to capitalize on the warming trend as households begin to soak up the sun and dust off their grills.
This month has several occasions that help drive food purchases and store traffic—one being baseball season. Hot dogs, brats, beer, and more are a home run with fans with fans cheering on from home and in the stadiums.
Coming up this Friday is Cinco de Mayo, which is expected to increase ethnic food purchasing. The deli-prepared section of the store benefits from this celebration by featuring entrees like quesadillas and tacos in the days leading up to the holiday...
The Retail Rundown: Filling in the Gaps; CPI Update
Post-Easter, grocers are in somewhat of a lull over the next few mostly uneventful weeks when it comes to retail occasions.
Retailers are currently securing inventories for Memorial Day needs and the peak grilling demand period that follows. A combination of supportive factors including warmer weather and a seasonal decrease in red meat supplies typically boosts both buying activity and wholesale beef and pork prices.
Over in beef, cattle supplies are undergoing a significant tightening following several consecutive years of drought-induced herd liquidation and elevated feed costs...
ANALYSIS: Snow Crab Continues to Weaken Ahead of Open
The snow crab market continues to see lower pricing across all sizes. 8s and 10-ups appear to be under the most pressure with pricing dropping significantly earlier this week. 8-ups out of Newfoundland are 24.3 percent lower in comparison to the end of February this year and 51.1 percent lower than the same time last year.
These larger sizes of snow crab are, from a historical perspective, a smaller percentage of the catch out of Canada. Due to the smaller volume of these larger crab...
The Retail Rundown: Holiday Ham Breakdown
Leading up to Easter, pork feature volume moves up to the top spot with 30.1% of all protein ads. Seafood closely follows with 29.3%. Beef feature volume sits at 23%, while chicken chimes in at about 13%. Eggs ticked up to 2.2%, up from 0.7% the week prior but below 7.5% last year.
Within the pork retail segment, hams account for 16.8% of the total feature volume. There are an estimated 27,135 buying opportunities for ham this week, up from about 23,000 the week prior.
Spiral sliced features make up the bulk of ham...
The Retail Rundown: Seasonal Switch Supports Deli Counter
Spring, which officially began on Monday, was warmly welcomed by retailers across the nation. While winter-like conditions linger for regions of the country this week, grocers are capitalizing on the seasonal shift by showcasing warm-weather favorites including grilling cuts.
In the latest week, IRI data demonstrated that beef maintained its lead on all other proteins in terms of total sales volume. Ground beef, which is widely utilized in various dishes year-round, was the number one seller within the beef complex at $63.9 million in total sales...
ANALYSIS: Cod and Pollock Imports See a Substantial Increase from China
Twice frozen cod fillets imported from mainland China, the leading supplier of frozen fillets into the U.S., is up 115.5% this January in comparison to 2022. While the fourth quarter of 2022 did see increasing imports, a year-over-year increase of 12.6%, they were minimal in comparison to January 2023...
The Retail Rundown: Key Findings From the 18th Annual Power of Meat Study
The 2023 Power of Meat Study was presented this week at the Annual Meat Conference in Dallas, Texas by 210 Analytics’ Anne-Marie Roerink.
For this week’s retail rundown, we highlight the compelling findings from this annual report, which identified key trends from a retail meat perspective.
Despite upward pricing pressure due to inflation, the study found that meat purchases are surpassing pre-pandemic levels. Meat had a 98% household penetration last year, making it the largest player within the fresh departments. Overall meat sales in 2022...
ANALYSIS: Blue Swimming Crab Meat Firms for First Time in Over a Year
After 13 months of just about continuous downward price movement, the blue swimming crab meat market has started to adjust higher on colossal and jumbo lump grade crab meat.
Previously sitting at 52-week lows for the past several weeks, higher raw material costs in producing countries in Asia, most notably Indonesia, have started to place upward pricing pressure on the blue swimming crab meat market. A combination of lower imports, higher raw material costs, slower catches in Asia, and smaller crabs...
The Retail Rundown: Rounding Out February
With February nearly behind us, grocers are enthusiastically looking toward spring and warmer weather, which typically improves retail demand following a sluggish start to the year.
For now, winter remains in full force as millions of people face a massive coast-to-coast storm this week. Record-shattering warmth in the East will contrast with below-average temperatures in the West and could contribute to varying retail demand throughout the country this week.
Along with the weather, Lent—which begins today—is currently influencing consumers' purchasing behaviors. The world’s Catholic population will reduce their red meat consumption over the next several weeks, providing a boost for the seafood counter...
ANALYSIS: Frozen Salmon Fillet Volume Almost Doubles in 5 Years
Demand for salmon in the U.S. has been reported to have excelled over the past several years. Most conferences, webinars, and presentations continue to tout salmon’s dominance at retail and most foodservice buyers would say it’s a must on their menu.
Salmon supply looks to have been keeping pace with this increased demand thus far. The fresh salmon fillet market saw a 2.4 percent increase this year and on top of that, the frozen salmon fillet market saw a 16.4 percent increase.
Taking a closer look, frozen salmon fillet volume...
Valentine’s Day 2023: Salmon to Dominate at Retail, But Same Can’t Be Said For Lobster
Valentine’s Day, a holiday of love… and spending. This year the National Retail Federation reports that consumers are expected to spend $25.9 billion on Valentine’s Day, which is up from $23.9 billion in 2022, and one of the highest spending years on record. But with inflation, is this really a surprise?
Of course many plan on spending money on gifts, like candy, greeting cards and flowers. But the gift of an experience – including dinner – is also at the top of the list for many...
The Retail Rundown: Grilling Ads Galore
Spending on meat purchases for this year's Memorial Day cookout is expected to total $1.6 billion, according to WalletHub. For this week’s retail rundown, we’ll take a look at how this year's protein features compare to Memorial Day 2022.
Beef features climbed to the top spot with 27.3% of buying opportunities this week. Pork comes in second with 25% of total protein ad volume, closely followed by seafood with 24.6%. Chicken has 19.7% of total retail activity, up slightly from last week.
Starting with the beloved burger, ground beef prices are mixed. Circana data indicated that 74-84% lean ground...
ANALYSIS: Frozen Sockeye Prices Continue to Retreat Ahead of the New Season
The massive record-breaking sockeye season from 2022 continues to have a major impact across the entire salmon complex. The most immediate is the general weakening on frozen sockeye. With the upcoming season about a month away, there is pressure to move through older inventories. Many market participants report heavy discounting among some sellers to incentivize sales and keep things moving. Sockeye 2-3 lb. frozen fillets at the start of 2023 were at an average price of about $9.25/lb...
The Retail Rundown: Grocers Look to Capture Mother’s Day Spending
In this week’s retail rundown, grocers are aiming to capture a portion of this year's red-hot Mother's Day spending.
According to the National Retail Federation’s Mother's Day annual survey, 84% of U.S. adults are expected to celebrate the holiday this year. Collective spending for the holiday is anticipated at $35.7 billion, surpassing last year's record high of $31.7 billion.
Of those celebrating, 60% of consumers are planning a special outing such as dinner or brunch. Mother's Day is traditionally a dining-out occasion, benefiting foodservice more than retail.
To compete with foodservice, retailers are spotlighting deals...
ANALYSIS: King Salmon Closures Could Have a Major Impact on 2023 Pricing
The wild salmon season is almost upon us and one of many storylines for 2023 that market participants are talking about is the uncertainty of the chinook or king salmon supply this year. With dwindling numbers, California was the first to act, closing down the commercial king season for the first time since the season closed in 2008 and 2009. Oregon has also closed much of its season primarily around the Klamath River. The latest closures are for the Southeast Alaska region...
The Retail Rundown: Inching Towards May
Grilling enthusiasm is picking up as we inch closer to May. However, spring fever among shoppers may be lacking for now as chillier weather returns to portions of the country this week.
In the meantime, grocers are preparing for several occasions next month that could help accelerate sales of various snack items and proteins.
Next week is Cinco de Mayo, a holiday that commemorates Mexico's victory over the French army in 1862. This holiday could increase sales of items including salsa and tortilla chips along with meat as consumers indulge in dishes like enchiladas and tacos...
ANALYSIS: Declines in U.S. Shrimp Imports Continue in February
In data released Wednesday, February U.S. shrimp imports fell 20 percent compared to last year, lower than some of the most bearish estimates. Imports were 116.596 million pounds compared to 145.705 million pounds last year. UB Consulting estimated 129.7 million pounds. Please click here for story.
The decline from all trade partners was broad and swift. All were lower, even Ecuador, which bucked the overall trend in January. India (-14.4%), Ecuador (-4.9%), Indonesia (-26.5%), Vietnam (-49.4%), and Thailand (-61.8%) all dropped sharply...
The Retail Rundown: Grocers Egg on Easter Sales Grocers Egg on Easter Sales
Grocers are egging on Easter spending this week as shoppers secure last-minute needs for the first major holiday of Spring.
This year, consumers may be less eager to flock to the egg case. The Midwest large egg wholesale market has been in a sharp decline over the past two weeks and counting after rallying by more than 45% from mid-February through late March. However, prices leading up to the holiday surpassed the two-to-three-dollar mark, leaving retailers little clearance to promote aggressively...
ANALYSIS: Chilean Fresh Fillets Drop 10.1 Percent Since End of February
The farmed salmon market out of Chile for fresh fillets continued to decline this week. All sizes moved lower and since the end of February 2023, pricing on 3–4-pound Chilean fresh fillets are now 10.1 percent lower. We did see a similar trend last year in 2022 about the same time. The market dropped 6.8 percent during the month of March.
Speculation as to why the market is dropping appears to be a combination of factors. Some reports...
The Retail Rundown: Is Chicken Wing Demand a Slam Dunk this March Madness?
Yesterday tipped off March Madness, the NCAA Division I Men's Basketball Tournament that runs through April 3. This tournament typically increases the consumption of game-day foods like chicken wings, particularly at foodservice outlets.
This year, however, wing demand leading up to this year's 84th annual edition of the tournament appears to be lackluster, according to Urner Barry market reporter Matt Busardo.
“It’s important to note that with wings moving into March Madness, it’s not like the Super Bowl where...
ANALYSIS: Canadian Fresh Whole Salmon Down 47 Percent To Start 2023
Total whole farmed salmon imports for January 2023 are down 5.2 percent. This is the lowest January volume since 2018. The main driver in the category is Canada. Still, with little to nothing coming out of Western Canada for the first quarter of the year, Canada’s market share has shrunk significantly compared to 2022, down to 30 percent market share compared to 52 percent in 2022. Norway is chasing Canada, increasing from 15 percent in 2022 to 23 percent in...
ANALYSIS: Imports Continue To Increase For Frozen Spanish Octopus In 2022
Imports of frozen octopus or pulpo from Spain totaled 15.6 million pounds in 2022 with total product including fresh, frozen, dried, salted, brined, preserved, and prepped totaling 25.8 million pounds. Except for 2020 due to COVID, frozen Spanish octopus imports have increased each year since 2017, noting a 210.3 percent increase from just five years ago when frozen imports reported just over 5 million pounds.
Throughout 2022, harvests were producing smaller sized octopus, allowing 4-6 lb. sizes and...
The Retail Rundown: Marching Towards Spring Demand
March is here and the countdown to spring is rapidly winding down. The transition to warmer weather coincides with increased retail buying occasions as consumers and grocers alike prepare for celebrations including March Madness, St. Patrick’s Day, and Easter.
One week into lent, seafood feature volume has advanced to 40.5% this week, up from 33% the week prior. Currently, the fresh/frozen fillet category accounts for nearly 31% of seafood features.
According to its annual survey, the National Retail Federation (NRF) found that a record 61% of consumers plan to celebrate St. Patrick's...
ANALYSIS: Average Retail Price and Promotions Higher for Fresh Salmon Heading into Ash Wednesday
The fresh Chilean fillet market has been full steady to firm since the beginning of 2023. The market is currently 16.4 percent higher than the beginning of the year. From a historical standpoint, the first half of the year typically sees a more active demand than post-Memorial day and into the summer months. January sees healthier eating habits, February has Valentine’s Day and usually the beginning of Lent, Ash Wednesday, all higher demand periods for farmed salmon.
Ash Wednesday is looked at in the industry...
The Retail Rundown: Upcoming Lenten Season Lifts Seafood Sales
Trending topics this week include the upcoming Lenten season and inflation as traders assess the latest Consumer Price Index (CPI) report released yesterday.
The Christian Lenten season begins next week on February 22 and will last through April 6. During this 40-day stretch, observers will reduce their red meat consumption. The seafood counter typically stands to benefit from this temporary shift away from meat on Fridays.
Although Lent is rapidly approaching, retailers have actually reduced their number of seafood feature activities. For the week of February 20, seafood buying opportunities clock in at 23%, down from 31.4% the week prior. Beef narrowly holds the top spot with 29.2%, closely followed by pork with 28.5%. Chicken makes up around 15% of circular ad space...