logo
  • Our Story
    • 25th Anniversary
  • Products
    • Frozen Fillets
    • Frozen Nuggets
  • Our Catfish
  • Recipes
  • Blog
  • Wholesale
    • Retail
    • Food Service
    • About Heartland
    • Our Processing Facility
    • Product Offerings
      • Fillets
      • Splits
      • Strips
      • Nuggets
      • Whole
      • Hand-Breaded Style Portion Fillets
      • Hand-Breaded Style 3-5oz Fillets
    • Company News
  • Contact
logo
Heartland Catfish
Prev
0
Heartland Recipes: From Our Kitchen to Yours
14 April 2022
Next
0
Summertime Grilled Catfish Burger with Spicy Mayo
16 May 2022
Press
Q1 2022: Market Check-in

As 2022 progresses, Heartland Catfish Company is looking at current numbers, as well as supply and demand throughout the industry. As some impacts of COVID-19 continue to decrease, ongoing labor shortages and slower production cycles continue to create a high-demand, low-supply environment that will likely continue in the U.S. Farm-Raised Catfish industry as we move through 2022.

2022 BY THE NUMBERS

Feed: Down 3% from 2021

Feed is down 3% from 2021 and down 20% from 2020. It is still too early to put much emphasis on feed numbers given that the true feeding season has not yet begun. The current stats indicate, fish will continue to be tight over the next several months.

Processing: Up 11% from 2021

Processing is up 11% from 2021 and down 4.5% from 2020. We have started the year off killing more fish than we did in 2021. With the number of fish ready to process currently, this further strengthens our feeling of a tight live fish supply continuing for several months.

Sales: Flat compared to 2021

Overall, sales are flat compared to 2021 and down 11% from 2020. Fresh sales are down 7% from 2021 and down 7% from 2020. Frozen sales are up 5.5% from 2021 and down 13% from 2020. A tight fish supply leads to fewer opportunities for processors to acquire new customers.

Inventory: Frozen inventory is down

Frozen inventory at the end of March 2022 was at 5,295,000 lbs. compared to 2,546,000 lbs. in 2021 and 7,790,000 lbs. in 2020. The end of March 2021 reported 1,115,000 lbs. of prime frozen fillets in inventory while the end of March 2022 reports 2,422,000 lbs. of prime frozen fillets on hand. This frozen inventory will help elevate some demand during the expected shortage of live fish over the next several months.

Labor: Industry-wide concern

Labor is still a major industry issue. Everyone in the industry is continuously researching and implementing ways to recruit and retain enough employees to staff plants and meet product demands of customers. The labor shortage also impacts the farmers. As we move into summer, when their labor needs are the highest, and with increased feeding and more intensive management of oxygen and water quality issues, labor is in high demand.

Supply and Demand Challenges

Supply Chain

The supply chain continues to be a concern. Lead times on packaging, processing supplies, repair parts and ingredients continue to be longer than usual and often get pushed out further than first committed. Despite these nation-wide hardships, Heartland continues to work through the challenges of both meeting customer demand and filling in short orders from across the industry. The team is committed to working closely with each customer to meet their needs.

Price Increases

Additionally, prices for packaging, processing supplies, repair parts and ingredients continue to increase as our suppliers deal with similar supply chain issues in their own plants and warehouses. Not only are the prices of our vital supplies rising, but shortages in the transportation sector and diesel prices have caused suppliers to increase delivery costs and implement fuel surcharges to many orders. We look forward to helping our customers navigate industry changes and supporting their needs to the best of our abilities.

Looking Ahead

There is lingering uncertainty in the industry regarding supply and demand, especially as it relates to long-term order fill rates, supply numbers and transportation. Heartland has our own fleet of trucks that assist with transporting product. Our in-house fleet helps to alleviate the burden of only utilizing 3rd-party transportation vendors.

Since the ongoing labor shortage and increased costs of standard production and processing supplies indicate continued higher prices for U.S. farm-raised catfish as 2022 progresses, we are happy to work though these challenges with our customers. Transparency and communication are always our top priority, especially when inventory is tight, and the market continues to shift. We will support our customers through whatever is to come as 2022 continues.

Download the report here
Hannah Jones

Categories

  • Appetizers
  • Baked
  • Entrees
  • Fried
  • Grilled
  • Salads
  • Sandwiches
  • Sauteéd
  • Soups

Search For A Recipe

CONTACT:
(662) 254-7100
info@heartlandcatfish.com
ADDRESS:
55001 Highway 82 West
Itta Bena, Mississippi 38941 US
Image icon
USCatfish Logo
Small Heartland Catfish logo

Heartland Catfish Company is committed to supplying our customers with the highest quality U.S. Farm-Raised Catfish products by offering outstanding customer service, at the best value. Our commitment is exhibited in our strict quality standards, state-of-the-art processing facilities and our experienced team.

© 2025 Heartland Catfish – Website Built and Maintained by TRINDGROUP

Employee Portal          Resources          Privacy Policy          Contact Us

logo
This site uses cookies to improve your experience. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT