Fri. Feb 23 2018

Investors Swoon over Land based Salmon Farming in Maine; 2nd Company Buys Major Site  


Newfoundland Furious Over Clam Decision, Cripples Year-Round Employment in Grand Bank


Supreme Crab & Seafood Enters Partnership With G&C Food Distributors  


Legal, Copying Chipotle, Expands Fish Bowl Concept Restaurants in Boston


Monterey Bay Fisheries Trust Building Fish Hub Along CA Central Coast


Consumers Eating Shellfish Throughout the Year, Fish Consumption Increases During Lent  


VIDEO: New Bedford Fishing; Russian King Crab Price Gap; Ropeless Traps; Ecuador Shrimp Price  


Nordic Aquafarms Holds Listening Session in Belfast, ME on its Large Aquaculture Project


Barents Sea Russian Red King Crab Fishery First in World to Achieve MSC Certification    


Sea Watch International Introduces New Flavors for Oven Ready Clam Strips Line  


Maxwell Chase Develops First-of-its-kind Packaging to Extend Shelf Life of Seafood


SeafoodNews.com Summary Friday, February 23


Thu. Feb 22 2018

Adak Has Now Processed 1000 ton of cod, Will Now Get Rest of 5000 ton Cod Set Aside for First time


Aquaculture Player to Process Seafood in Russia's Far East


Urner Barry Announces Several Key Appointments


Five Nations Clam Company Secures New Arctic Surf Clam License


SeafoodNews.com Summary Thursday, February 22


Wed. Feb 21 2018

Price Gap Between Russian Red and Golden King Crab at Historic Levels  


AK Bering Sea Crabbers Launch Search for New Executive Director


Santa Monica Seafood Expanding Pre-Packed Chilled Seafood Operations


Alaska Fisheries Trust Bill Supported During First House Hearing


Russia Concerned About Chinese Poaching Activities in Territorial Waters  


Washington Fish Farmers Urge State Lawmakers to Oppose Ban on Salmon Farms


Walmart Canada Introducing Sustainable Delivery For Vancouver Online Grocery Shoppers


Vietnam's Hung Vuong Sells Fish Meal Factory to Increase Capital; Plans to Up Basa Sales  


White Castle Brings Back Seafood Crab Cake Slider, Shrimp Nibblers For Lent  


Time for PWS Sablefish Fishermen To Register For the 2018 Fishery


Sea Watch Celebrating National Clam Chowder Day by Providing Bowls to Shelters, Food Pantries  


SeafoodNews.com Summary Wednesday, February 21


Tue. Feb 20 2018

Thai Union Group Sales Up 1.6%, Profits up 14.6%, With Strong North American Business


Industry Responds to Erroneous Reports about Dungeness Fishery  


Ecuador Shrimp Prices to China Fall to Lowest Level in Five Years  


Tassal 17th Company to Join Global Salmon Initiative  


Burned California Bears Treated With Tilapia Skin Now in Good Health  


ASC and MSC Team Up for Think Fish Week in France


GAA, IFFO Provide Update on South East Asia Fishmeal Project  


SeafoodNews.com Summary Tuesday, February 20


Mon. Feb 19 2018

California Crabbers Slow Landings, Say Won't Deliver at $2.50 per lb.  


Processors Must Eviscerate Dungeness Crab from Southern Oregon Due to Domoic Acid Levels  


China's Tariff Reduction Coincides with Imported Seafood Price Drops Around Chinese New Year  


Cooke Expresses Strong Disappointment with Washington House and Senate Votes to Ban Netpens


Trump Administration Wants to Cut Budget for NOAA, But Congress Unlikely to Accept   


New Seafood News Podcast Episode: Kingfish Zeeland Dutch Yellowtail, Coast Guard Rescue & More  


SeafoodNews.com Summary Monday, February 19


Vietnam’s Seafood Export Value Rises to U.S. $560 Million in January; Exports to China Grew in 2017  


Upcoming Events cal

Titter UB Shop Youtube Facebook
Contact

Urner Barry
P.O. Box 389
Toms River, NJ 08754
1-732-240-5330

Seafood.com
8 White Pine Lane
Lexington, MA 08754 02421
1-732-240-5330, 781-861-1441


Advertising

Nicole Christie
1-732-240-5330 ext. 275
nchristie@urnerbarry.com

Janice Schreiber
1-732-240-5330 ext. 280
janice@urnerbarry.com


Editorial

John Sackton
Editor and Publisher
8 White Pine Lane
Lexington, MA 02421
Voice: 781-861-1441
 Fax 781-533-9480
jsackton@seafood.com

Susan Chambers
Associate Editor
SeafoodNews.com
Voice: 541-297-2875
susanchambers
@seafood.com


Peggy Parker
Science and Sustainability Editor
PO Box 872
Deming, WA 98244
Voice: 360-592-3116
peggyparker
@seafood.com


Support and Questions
1-800-443-5330
support@seafood.com

Subscription Info
1-800-932-0617
sales@seafood.com

Terms

License Agreement

Major New Brunswick Lobster Processors Warn of Possible Shortage of Tails this Winter 

Canadian lobster processors say that by January, February and March, the pipeline for tails will not be normal at all. The expectation is for significant shortages in the market compared to prior years, which means prices could be volatile. John Sackton writes of the various scenarios that packers say will lead to lobster tail shortages this winter season. First is the expectation that the industry will not get a repeat of the nearly perfect fishing weather the industry operated under in 2015. Second is a shortage of available labor that will cut processing capacity at plants that produce meat and tails. Third is the timing of when this season will open versus last year. According to John Sackton these scenarios put the lobster tail market in position to see higher prices this winter season.

A very quick red king crab fishery has wrapped up last week in Alaska, with 98 percent of the rationalized quota of 7.6 million pounds landed, a 14.6 percent decline to the catch last year. Expectations were for red king crab prices to go higher this year based on the shortages and so far this appears to be the case. Urner Barry began quoting new season Alaska red king crab this week, as there are enough sales in the market to establish a quote. Alaskan 14-17 king crab legs quotations are up 19 percent from last November. Meanwhile, Russian red king crab (which can include blue king crab as well) moved up to $16.50 from $16.10 on a comparable size at the beginning of September.

In other news, Clearwater Seafoods posted a sharp increase in its sales year-to-date primarily because of strong demand for high-priced seafood items. Clearwater's sales are up 30 percent in 2016 according to its third quarter performance report. The company credited the increase to strong demand for higher priced Canadian sea and Argentine scallops, lobster and snow crab. Volume growth was also reported for Argentine scallops, UK King scallops, langoustine and whelk.

Meanwhile, executive chef and restaurateur Andrew Gruel has a plan to make fast casual seafood a scalable, chef-driven reality with his Slapfish concept. So far Slapfish has six locations in California. But Gruel said he has a deal in the works to expand to six states and another major plan to expand the restaurant to two international markets by 2017. “If I could reinvent something that was fun and sexy in a fast casual environment I could create a model that could scale and replicate and get more people to eat more seafood,” Gruel said. Ultimately, Gruel’s franchise plan is to launch 100 locations in the next seven years.

Finally, food industry associations and retailers Wednesday voiced nonpartisan reactions to President-elect Donald Trump's defeat of Hillary Clinton and congressional races resulting in Republicans maintaining control of the House and Senate. Today's story runs comments from the Food Marketing Institute, Wal-Mart and the National Grocers Association among others.

To Read Full Story Login Below.

Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.

Submit comment or question


Submit Notification

Comment Policy: SeafoodNews.com and Urner Barry have made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive Comments, or comments deemed not relevant to the story will be removed, and if necessary, SeafoodNews.com and Urner Barry may restrict the right of individual subscribers to offer comments. IN all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by SeafoodNews.com and Urner Barry.