Introducing a Weekly Price Reporting Service for West Coast Canadian Salmon
Undercurrent is excited to announce plans for a new weekly price reporting service dedicated to west coast Canadian salmon products sold in the US wholesale market. This initiative aims to engage industry stakeholders to ensure that the price assessments are accurate, practical, and cater to the real needs of the market.
Product Coverage
The assessments will encompass fresh whole fish, particularly head-on gutted (HOG) salmon sourced from Canada’s west coast. This product serves as the core benchmark for pricing and procurement across the sector.
Weight Classes
- 4-6 lb
- 6-8 lb
- 8-10 lb
- 10-12 lb
- 12-14 lb
- 14-16 lb
- 16-18 lb
Market Scope
The pricing will reflect transactions from US importers to the first receivers in the US market, providing relevant insights into pricing dynamics.
Pricing Basis
Prices will be quoted on a FOB Vancouver basis, indicating transactions at the point of export from the seller before accounting for freight and other downstream distribution costs.
Quotation Series
Pricing will be expressed in USD per pound ($/lb) for truckload volumes of approximately 45,000 lbs, capturing transactional activity at the exporter level. This approach will offer a representative perspective of current market values.
Publication Schedule
Weekly assessments are set to be published every Wednesday by 12 p.m. EST. Each report will be accompanied by detailed market commentary, ensuring that participants are well-informed.
A Step Towards Market Transparency
West coast Canadian salmon plays a vital role in the North American wholesale market; however, the availability of consistent, independent price benchmarks has been limited. This service aims to bridge that gap by providing essential reference points, which will help buyers, sellers, and analysts conduct fairer negotiations and facilitate better market planning.
Share Your Feedback
Your feedback is crucial in shaping a service that meets the needs of your business. We encourage comments on various aspects of the proposed methodology, including product specifications, pricing structures, volume thresholds, and publication timing.
Please send your responses to [email protected] by April 24, 2026. All feedback will be acknowledged, and should there be sufficient support from the industry, we aim to officially launch this service on May 4, 2026.
Thank You for Your Support
We appreciate your time and ongoing support, and we look forward to establishing a reliable, industry-informed salmon price reporting service alongside you.
Best Regards,
The UCN Team
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