Thu. Jun 22 2017

Japan Frozen Salmon Market Weakens Ahead of New Season Production in Russia and Alaska  


ANALYSIS: Atlantic Salmon Frozen Fillet Imports Beginning to Rise  


Brits All At Sea on Old Fish Names


Seafood.com News Summary Thursday June 22, 2017


Zhanjiang Aquatic Products Exposition Draws Purchaser and Visitors from Around the World  


Norway Sees Rise in Export Values in May  


Wed. Jun 21 2017

BuyBack Program for Non-Whiting Trawl Fleet Continues to Generate Excessive Costs with no Relief   (0)


ANALYSIS: Scallop Market Prices Retreat from All-Time Highs  


New Bedford Mayor Says Rafael Represented 75% of their Groundfish Landings; Pleads to Keep Permits


Mexican Film on Tilapia Workers Wins First Prize for World Seafood Congress Women in Seafood Videos


Just Shrimp Adds Healthy Alternatives to Attract Younger Diners  


Seafood.com News Summary Wednesday June 21, 2017


Tue. Jun 20 2017

Peeled Shrimp Margins Squeezed by Two Year Decline  


Bocaccio, Darkblotch Rockfish Assessment Updates Show Stocks Rebuilt  


Oregon Trawl Commission Strongly Disputes Our Criticism of MSC's Approach to West Coast Groundfish   (0)


Chris Oliver Named Assistant Administrator for NOAA Fisheries


Stavis Seafoods to Pack Fresh Fish in 100% Recyclable Material


Americold Announces Appointment of Tim Hinckley as Executive VP & CCO


Editorial Changes at Seafood News Announced With Susan Chambers Named Associate Editor


VIDEO: Farmed Salmon Prices in Seasonal Decline  


Canadian Gov’t Says NL Plant Workers Will get Extra 5 Weeks of Employment Insurance Benefit


California Budget Bill Lowers Landing Fees From State Proposal  


Seafood.com News Summary Tuesday June 20, 2017


Mon. Jun 19 2017

MSC Could be Kiss of Death for West Coast Groundfish   (0)


Flood of Sick and Weak Shrimp Depresses Market Prices in China during first part of June  


Battle Over Snow Crab by Russian Oligarchs Leads to Record Bidding in Quota Auction  


Port Moller Test Boat Out for Today, Bristol Bay Pre-Season Measurement Program in 50th Year  


New Shrimp Prices to be Set in Newfoundland, With Uncertainty Whether Market Will Accept Increase  


Antibiotic Usage Among Chilean Fish Farms Down 30% in 2016  


Acme Smoked Fish Adds Sashimi Style Smoked Salmon to Blue Hill Bay Brand  


Australia's Southern Rock Lobster Stocks Showing Resistance to Climate Change  


Seafood.com News Summary Monday June 19, 2017


Fri. Jun 16 2017

Farmed Salmon Prices Enter Summer Season Decline  


First Port Moeller Report Suggests Bristol Bay Sockeye Run Timing Normal, Close to Forecasts  


Hokkaido Squid Processors Ask Japan to Increase Import Quota After Poor Harvests  


Omega Protein Enters Atlantic and Gulf Mendaden Fisheries into MSC Assessment Process  


Seafood.com News Summary Friday June 16, 2017


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Vice President of Sales at Bumble Bee Pleads Guilty to Canned Tuna Price Fixing Conspiracy 

Bumble Bee’s Walter Scott Cameron, a senior vice president of sales for the company, pleaded guilty in federal court this week for participating in a conspiracy to fix canned tuna prices in the US market. Cameron said he and unnamed co-conspirators agreed to fix the prices of packaged seafood from as early as 2011 until about 2013. The defendant and his co-conspirators negotiated prices and issued price announcements for packaged seafood in accordance with the agreements they reached. This is the first charge to result from an ongoing federal antitrust investigation into the “big three” canned tuna brands in the US, which includes Chicken of the Sea and Starkist along with Bumble Bee. “Bumble Bee continues to fully cooperate with the Department of Justice in regards to its ongoing investigation into the packaged seafood industry. Scott has also cooperated with the Company and with the Department of Justice in the investigation. The Company is hopeful that it can reach a resolution with DOJ on this matter, as it relates to the Company, in early 2017," said Jill Irvin, Senior Vice President, General Counsel for Bumble Bee.

Fresh mahi prices in the US market are trending at an all-time record high level for the fourth quarter. Supplies are more limited than normal since landings from major Latin American suppliers have not picked up since the season started in October. Both of these factors could also push frozen mahi prices to record levels into 2017.

China's tilapia production will be flat in 2016, while global output will rise to 5.5 million tons. China's tilapia industry has become too dependent on exports, especially to the US and Mexico, and would like to stimulate the internal market. But strong competition from pangasius and other species is making domestic sales difficult. We run a review of China's tilapia industry, where the authors point to more high quality, certifications, and breeding programs as necessary to move forward.

In other news, the ISSF has identified science-based harvest limits and control rules as the single most important measure to ensure the health of tuna stocks. WWF has fully endorsed this, as has the MSC in its standards. Now the ISSF and 20 other organizations and companies have sent a letter to the Western and Central Pacific Fisheries Commission asking them to take these necessary steps at their upcoming meeting.

Finally, Congress' decision to take catfish inspection away from the FDA and give it to USDA was sharply criticized as a waste of money and resources at a House Energy and Commerce subcommittee hearing this week. “Explicitly creating a program exclusively for catfish is unnecessary and directs resources away from high-risk foods to focus on a food that is one of the safest," said Pennsylvania Republican Joseph Pitts, chairman of the Health Subcommittee, in his opening remarks at the hearing titled Waste and Duplication in the USDA Catfish Inspection Program.

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