News Summary June 8, 2016
Today's Main Story: FDA Targeting Filth in Mahi, Spiny Lobster Imports as Refusals Climb 30% in 2016
Today's lead item reports that lobster, snapper, tuna and mahi rejections, mostly for filth, are driving an overall increase in FDA seafood refusals to the US market in 2016. The FDA has rejected 33 percent more seafood items to the US market through May of this year, which is about 256 more line items compared to figures at the same time last year.
In other news, the wholesale price of imported raw material pollock roe surged 10% higher in Japan on lackluster catch in the U.S, and Russia. Wholesale prices of pollock roe, raw materials for spiced mentai roe and tarako roe are turning up in Japan under the impact of decreasing pollock catch in the U.S. and Russia.
Russia’s billionaire Vitaly Orlov has become the sole owner of country’s largest fishing producer after buying out his partner, Magnus Roth. The company, Karat, controls 10 companies, specializing in fishing activities in the North and Far East of Russia on 15% of
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