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  


Fri. Feb 16 2018

SeafoodNews.com Summary Friday, February 16


Fisheries Council of Canada Welcomes Designation of Ocean Supercluster by Ottawa


NFI's Crab Council Grows to 33 Members  


Oregon Readies New Waste Water Requirements for Seafood Processors


VIDEO: F/V Sinks; Record Shrimp Consumption; Nemesis Pulled From Water; New Whole Foods Policies


Alaska Deckhand Apprentice Program Calls for Applicants


Russian Security Service Challenging Crab Quota Holders as Illegal Foreign Controlled Business  


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Sluggish Demand Weighs on Ecuador's US Shrimp Sales 

Sluggish demand from buyers continues to weigh on Ecuador headless shell-on shrimp offerings to the US market. Prices for 26-30 count continued lower this week, reflecting a trend that is now established in both the Latin American and Asian white shrimp markets. John Sackton writes of the disconnect between the current spot offerings in the US that are definitely showing some weakness and the replacement costs from both in Ecuador and the Asian countries.

An ecosystem monitoring report conducted by NOAA on the Bering Sea and the Gulf of Alaska shows how those waters continue to get warmer. This warming has been accompanied with expectations for declines in pollock and cod productivity out of those waters. Nevertheless, actual fish health was good on both pollock and cod with average weight at length above the long-term mean writes John Sackton.

In other news, India's decision to demonetize its currency is presenting shrimp producers in Andhra Pradesh and Godavari from buying feed and paying their workers. The Indian government decided earlier this month to pull over 80 percent of its bank notes from circulation in an attempt to stamp out fraud. 

Meanwhile, China's Yuehai Feed Group announced a plan to invest $10 million in order to expand its shrimp and seafood feed production operations to India and Vietnam. Preliminary work is under way for a plant in Vietnam designed to produce 50,000 to 80,000 tons of shrimp and fish feed annually, said Han Shulin, vice-president of the group. For the plant in India, the group intends to work with a local partner. The first phase is expected to support an annual capacity of up to 60,000 tons of shrimp feed, Han said.

Finally, pangasius processors in Vietnam's Mekong Delta are reporting raw material shortages because local producers selling more of their fish directly to Chinese traders. VASEP says farmers are getting better prices for their harvest from Chinese buyers compared to Vietnam's processors.

Make sure to check out our latest podcast, which can be downloaded or streamed to iPhone and Andriod mobile devices through iTunesGoogle Play or SoundCloud. Today's show recaps some of last week's top news stories, feedback is welcome on the content. 

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