We report the temperature and magnetic field dependence of the thermopower of an itinerant triangular antiferromagnet PdCrO in high magnetic fields up to 32 T. In the paramagnetic phase, the zero-field thermopower is positive with a value typical of good metals with a high carrier density. In marked contrast to typical metals, however, decreases rapidly with increasing magnetic field, approaching zero at the maximum field scale for 70 K. We argue here that this profound change in the thermoelectric response derives from the strong interaction of the 4 correlated electrons of the Pd ions with the short-range spin correlations of the Cr spins that persist beyond the N'{e}el ordering temperature due to the combined effects of geometrical frustration and low dimensionality.

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