ANALYSIS: US Frozen Tuna Prices Hold Steady as Imports Tighten and Risk Builds

US frozen tuna fillet imports totaled about 42.7 million pounds through June, down 12.9% from 49.0 million pounds a year earlier and 4.0% below the five-year average for the same period. The data point to a tighter import pipeline heading into late summer, though not historically extreme.

The decline remains concentrated in the two largest suppliers. Vietnam shipped 18.3 million pounds through June, down 10.7% year over year, while Indonesia shipped 14.9 million pounds, down 15.8%. Together, they accounted for roughly 78% of total...

Pink Salmon Surge Gives Alaska's Statewide Salmon Harvest a Boost — But Season Remains Below Pace

Through August 17, Alaska's statewide salmon harvest continues its lackluster performance, with total catch at 72.14 million fish — led by sockeye at 36.63 million and pink salmon at 26.13 million.

The numbers got a boost roughly ten days ago when pink salmon surged during Statistical Week 33 (August 9–15), with nearly 13 million fish landed that week. Almost half came from Kodiak, where the cumulative harvest is now up 63% from the 2024 benchmark...

Mowi Posts Record Revenues and Volumes in Q2 2026

Salmon farming giant Mowi delivered record-high revenues of EUR 1.6 billion ($1.9 billion) and operational EBIT in the second quarter of 2026, driven by strong biological and operational performance and record harvest volumes.

Operational EBIT reached EUR 231 million ($268 million), up 23% from Q2 2025, supported by lower costs across the business.

"Farming operations continue to deliver very strong biological and operational results. In particular, our Norwegian and Scottish operations are performing strongly, with record volumes and reduced costs, which is very encouraging," said Mowi CEO...

RAS Company Oceanloop Raises Up to $44.8M to Build Europe's First Commercial Giant Grouper Farm

German aquaculture technology company Oceanloop has secured up to €38.5 million ($44.8 million) to scale its recirculating aquaculture system (RAS) platform and expand production of Giant Grouper—a species it has already begun selling commercially, making it the first company to farm the fish in Europe.

The financing combines new equity from Hatch Blue's Blue Revolution Fund and Stolt Ventures, the venture arm of Stolt-Nielsen, with a €32 million venture-debt facility from the European...

NOAA Increases Bluefin Tuna Quota Following Historic ICCAT Negotiations

NOAA is moving to increase US bluefin tuna quotas following what the agency described as historic negotiations at the 2025 annual meeting of the International Commission for the Conservation of Atlantic Tunas (ICCAT). The move is expected to dramatically expand opportunities for US fishermen.

The move boosts the US quota for Atlantic bluefin tuna while also providing additional quota for several other key fisheries. Negotiations at the ICCAT meeting also secured increases for North and South Atlantic swordfish and North Atlantic albacore.

ILO, Thai Union Launch Pilot to Strengthen Seafood Sector Supervisory Skills

The International Labour Organization (ILO) and Thai Union Group have launched a pilot training program aimed at strengthening frontline leadership across Thailand’s seafood processing industry, with a focus on workplace communication, labor practices and decent work.

The two-day Supervisory Skills Essential Training, held June 24–25 in Samut Sakhon, brought together supervisors from Thai Union Group, along with representatives from the Thai Tuna Industry Association, the Thai Frozen Foods Association and their member companies.

The pilot is part of the...

Hofseth Appoints Olav Holst-Dyrnes as CEO

Vertically integrated sustainable seafood producer Hofseth has appointed Olav Holst-Dyrnes as its new Chief Executive Officer (CEO).

Holst-Dyrnes brings executive experience from Havfisk ASA, Ekornes ASA, Insula AS and, most recently, Kverva AS.

In his new role, Holst-Dyrnes will lead the continued development of the Hofseth Group, building on the company's integrated value chain and its long-term ambition to become the world's most sustainable seafood company.

"It is great to finally get started. I have genuinely been looking forward to joining Hofseth and working together...

Salmon Evolution Posts Q2 Loss on Weak Prices as Phase 2 Ramp-Up Gets Underway

Norwegian land-based salmon farmer Salmon Evolution delivered continued operational progress in the second quarter of 2026 but posted a Group EBITDA loss of NOK 11.1 million as weak salmon prices weighed on results.

Farming EBITDA came in at negative NOK 3.0 million for the quarter, with year-to-date farming EBITDA at NOK 14.6 million. Farming costs were approximately NOK 71/kg in Q2, slightly down from Q1 and 13% lower year over year — a sign that operational improvements are...

ANALYSIS: Chilean Salmon Market Driven by Fewer Arrivals, Higher Costs, and Stiffer Competition

Fresh Chilean Atlantic salmon fillet prices have established themselves at meaningfully elevated levels through 2026, with multiple structural shifts converging to push pricing well above recent seasonal norms. The current mid-price for 3-4 lb fillets of about $6.50/lb represents a gain of roughly $1.22/lb — or about 23% — versus the same period one year ago, when the market traded near $5.28/lb. The current level also sits approximately 15% above the three-year seasonal average for this time of year, suggesting...

UW-FRI Early Advisory Projects 44.2 Million Sockeye for 2027 Bristol Bay Run

The University of Washington Fisheries Research Institute's early advisory for the 2027 Bristol Bay sockeye run projects 44.2 million fish — a 2.7 million increase over the 2026 forecast. The actual 2026 run came in slightly above that projection.

The projected 2027 inshore harvest is 28.6 million sockeye salmon, or 158 million pounds, calculated using the average size of each age class expected at this run level.

"As this preliminary forecast is made prior to the release of finalized data for the 2026 run, this should be considered...

Japan, China and Korea's Surimi Imports from Russia and the US Fell 12% in H1

According to reports by the Minato Shimbun—based on trade statistics from Japan's Ministry of Finance as well as trade data from China and South Korea—the combined volume of frozen Alaska pollock surimi (including frozen pollock meat other than filletsen for China) imported from the U.S. and Russia by these three nations in the first half of this year (January–June) totaled 73,786 metric tons, a 12% decrease year-on-year. Of this total, imports from the US...

Farm Groups Urge Swift Passage of SAWA as H-2A Costs Squeeze Growers

On August 10, a broad coalition of US agricultural groups urged lawmakers to swiftly pass HR 9535, the Securing Agriculture’s Workforce Act (or SAWA) which would overhaul the H-2A farm labor program through changes to worker eligibility, wage rules, and administrative requirements. The use of foreign labor is an aspect of farming closely tied to production costs, margins, harvest timing, crop acreage, and marketable supply. 

The Retail Rundown: Promotional Calendar Looking Towards Fall

Mid-August can be a quieter stretch in the grocery calendar, but the latest retail feature data suggest the lull may be short-lived.

Promotional activity is building across beef, chicken, and pork, while eggs and dairy are seeing strong year-over-year gains as retailers prepare for fall-driven demand, including back-to-school shopping and Labor Day celebrations.

Beef posted one of the sharpest week-over-week increases. The USDA national feature rate climbed to 96.0%, from 80.2% a week earlier and 88.8% a year ago. Retailers increased advertising for...

Ever After Foods Acquires Belgian Cultivated Fish Startup Fishway, Secures $2M Investment

Ever After Foods has acquired Belgian cultivated fish company Fishway, bolstering its industrial protein manufacturing platform with aquatic cell biology expertise and a new European operational base.

The deal, announced August 17, gives the Haifa-based company access to Fishway's portfolio of aquatic cell lines, know-how in animal-component-free (ACF) media development, and its scientific team. Belgium will serve as EAF's European center of excellence for those capabilities — the company's first significant operational foothold outside Israel. Financial terms were not disclosed. Alongside the acquisition...

StoneX Expands North American Feed Ingredients Platform with AMG Acquisition

StoneX Group has announced the acquisition of Advanced Marketing Group, LLC (AMG), a merchandiser of protein-based feed ingredients, pet food ingredients, and organic fertilizer.

StoneX said AMG will be integrated into StoneX Supply & Trading’s feed ingredients capabilities.

Founded in 2010 and based in Wilsonville, Oregon, AMG employs approximately 20 trading and operations staff in four US states (Oregon, Kansas, Texas, and Virginia) and in Canada, and runs a network of trans-load and storage locations.

"AMG brings an established, well-run feed-ingredients business with supplier relationships

Gigante Salmon Cuts Production Outlook Amid Fish Health Challenges

Norwegian land-based salmon farmer Gigante Salmon is lowering its production expectations for two generations after fish behavior and fish health issues disrupted operations at its facility.

The company now expects 5,800 tonnes HOG from both its H2025 and H2026 generations, with a range of 5,000 to 6,200 tonnes. For H2025, Gigante estimates production costs of NOK 86/kg HOG at the 5,800-tonne base case, while H2026 is estimated at NOK 76/kg.

The revisions follow problems associated with newly installed fish barriers intended to...

Red Lobster Brings Back Endless Shrimp for Limited-Time Run

Red Lobster is bringing back its Endless Shrimp promotion for a limited time, betting that strong customer demand can once again turn the long-running offer into a traffic driver, this time with tighter operational controls.

The dine-in-only promotion, available now, lets guests mix and match five shrimp preparations throughout the meal.

"Our guests were thrilled to have Endless Shrimp back this spring and made it clear they wanted more — so we listened," said Damola Adamolekun, CEO of Red Lobster. "We proved we could...