Undercurrent News is proposing the implementation of weekly US wholesale price reporting for the wild-caught Mexican shrimp market. We are gathering industry participant feedback to ensure these assessments align with market needs.

The UCN price assessments will represent wild shrimp sourced from Mexico, reflecting transactions from the importer to the first receiver.

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free read Video explainer: Track US wholesale seafood prices with UCN’s new portal

The proposed specifications will cover various sizes and types of wild-caught white and brown Mexican shrimp. Details of the coverage are outlined below:

Sample proposed product coverage:

Market specifications: The price reporting will focus on ex-warehouse west coast pricing for frozen, wild-caught imported shrimp across various sizes and types, including white and brown. 

Quotation series: Prices will reflect less-than-truckload (LTL) volumes, expressed in $/lb. This will provide buyers, sellers, traders, and market participants with a comprehensive understanding of market values at key points in the supply chain.

This initiative aims to provide valuable and independent price benchmarks for the shrimp industry, complementing our established reputation as a credible global seafood news supplier. With over 3,500 data sets across key species, this new service will further strengthen our offerings.

UCN also plans to initiate US wholesale price coverage of live lobster products in the coming weeks.

Your input matters

We invite your feedback to tailor this service to reflect current market conditions and better support your business decisions.

Please send any comments or questions regarding this proposal to methodology@undercurrentnews.com by March 7, 2025.

All feedback will be acknowledged, and if industry support is confirmed, we aim to launch this price-reporting service on March 24, 2025.

Thank you for your continued support. We look forward to working together to build a reliable and robust shrimp price reporting service.

UCN Team