Wholesale Seafood Prices On The Rise

By John W. Davis

June 18, 2010 Updated Jun 3, 2010 at 5:44 PM EDT

FORT WAYNE, Ind. (Indiana's NewsCenter) - As the Gulf of Mexico oil spill grows, fishing in those coastal waters dwindles.

That could eventually raise wholesale seafood prices, affecting your local catch of the day.

However, one local seafood restaurant has not been affected.

Paula's On Main has not served any seafood from the Gulf for some time now.

All of Paula's catches come from Canada, the Northeastern United States Seaboard and Indonesia.

"We're really not planning on raising any off our prices. We don't have to at this point and hopefully it won't come to that," said Paula's On Main General Manager Diana Villella.

Meanwhile, managers at Chappell's Seafood in Fort Wayne tell a different story.

Chappell's prices are steady right now, but in 30 days their wholesalers will have to raise their prices because of dwindling back stock.

Chappelle's management also says their suppliers near Boston and Baltimore are also concerned that if the oil spill hits the gulf stream, the entire Northeastern Seaboard could be in big trouble, pushing prices even higher.

Meantime, don't expect local restaurant to switch to mostly farm raised seafood any time soon.

Food connoisseurs say farm raised seafood has nothing on the taste of fish and other creatures caught in the wild.

However, catching seafood in the Gulf of Mexico is becoming harder by the day, as the federal government has now closed 31% of the gulf to fishing.

Louisiana, Mississippi, Alabama and now Florida are all feeling the affects of the massive oil spill.

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