3MMI – Small Pollock Creates Strong Minced Market, Brazil’s Economy Impact on Global Seafood Market
3-Minute Market Insight: As Alaska Pollock continues to land with smaller sized fish (500-750 grams), the Minced Pollock market continues to grow. Pacific Whiting supply is short, pressuring Pollock inventories for the production of Surimi. The weakened Brazilian Real has deterred Portuguese producers of Salted Cod to export product to the Latin American country. The big question now is where will the Atlantic Cod go, as Portuguese processors hold large inventories of the raw materials that would typically be used for Salted Cod production. Watch the video here 09:18
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