Wed. May 8 2024

World's Largest Snow Crab Fishery Is Underway — Is The Market Ready For Higher Prices?  


The Retail Rundown: Showdown for Consumer Dollars this Mother's Day


Thai Union Confirms In Financial Results That They Expect Red Lobster Sale To Be Completed This Year


Choice Canning Refutes FDA Refusal For Antibiotic-Tainted Shrimp  


ANALYSIS: U10 Scallops Rally Ahead of Mother's Day  


Alaska Legislature Rejects Dunleavy Appointee to Commercial Fisheries Entry Commission


Cermaq Deficit JPY 20 Billion: Consolidated Mitsubishi Corp. Profit/Loss for FY Ending March 2024  


Clean Seas Seafood CFO Resigns; Company Appoints David Di Blasio As New CFO


Seafoodnews.com Summary Wednesday, May 8


Tue. May 7 2024

FDA Flags Choice Canning, 3 Other BAP-Certified Shrimp Exporters For Antibiotic-Contaminated Shrimp  


Lerøy Faces Escape of Estimated 14,000 Salmon  


The Biggest Takeaways From NOAA’s 2023 Status of Stocks Report  


A Deep Dive Into Mother’s Day: Seafood Wins With Special Brunch Menus  


Hokkaido Surimi Production Rebounded in March after Three Months  


Russia Eyes More Active Expansion of its Fish Exports This Year


Seafoodnews.com Summary Tuesday, May 7


Mon. May 6 2024

USDA Kicks Off May With Open Purchase Requests For Alaska Pollock, Catfish, Salmon and Walleye  


2024 Snow Crab Landings Update For NL, Gulf and Maritimes Region As of May 6  


Norwegian Snow Crab Sees Strong Growth in April, But King Crab Struggles  


ANALYSIS: Two Different Conclusions to This Year's Stone Crab Season  


Atlantic Sapphire Lands Former Cermaq Exec As Deputy CEO As Search For New CEO Continues


Eight New Members Named to NOAA’s Marine Fisheries Advisory Committee


Seafoodnews.com Summary Monday, May 6


Fri. May 3 2024

ANALYSIS: Gulf Quota Reaches 72% Caught, Newfoundland Reaches 15% Caught for Snow Crab  


Spend Plan for Oregon's $7 Million Salmon Fishery Disaster Funds is Ready for Review  


Seafoodnews.com Summary Friday, May 3


Thu. May 2 2024

ANALYSIS: March U.S. Shrimp Imports Move Higher  


Peltola Introduces Bristol Bay Protection Act, Permanently Protecting the Area from Pebble Mine


ANALYSIS: 2024 Buying Opportunites Inch Ahead of 2023 for Farmed Salmon  


Seafoodnews.com Summary Thursday, May 2


Wed. May 1 2024

Seafoodnews.com Summary Wednesday, May 1


March Sales of Salmon Roe Products at Tokyo Central Wholesale Markets  


Russia Begins Preparations for 2025 Salmon Fishing Season  


BOEM Announces Offshore Wind Leasing Schedules This Year for Oregon and Gulf of Maine


ANALYSIS: Fresh Tilapia Prices Rise as Imports Fall  


The Retail Rundown: Maximizing May’s Buying Occasions


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NPFMC Director Chris Oliver Receives Massive Industry-Wide Support to be NOAA's Next Fisheries Admin 

Several letters from major US seafood industry associations and companies were sent to the White House that overwhelmingly support the candidacy of NPFMC Director Chris Oliver to be the next Assistant Administrator for Fisheries at NOAA. In total, the letters represented 55 seafood companies, trade associations and conservation groups. Oliver has spent his career in fisheries management, serving for the past 16 years as the Executive Director of the NPFMC. Prior to serving as Executive Director, Oliver also worked served as the Deputy Director and Gulf of Alaska Fishery Management Plan Coordinator. “America’s fisheries generate millions of jobs and contribute billions to the economy, but we could do a lot more,” said Daniel Occhipinti, General Counsel of Oregon-based Pacific Seafood Group and one of the leaders of the coalition. “We believe Chris Oliver has the experience to increase the economic productivity of our fisheries while also promoting conservation and sustainability, which is critical.”

In another step forward for global acceptance of the Global Seafood Sustainability Initiative (GSSI), the Japan Fisheries Association announced that the Japan Marine Ecolabel, known as MEL-Japan, will seek to be benchmarked by the standard. Initially, the Marine Ecolabel Japan Council will revise the current certification standards of the MEL Japan scheme and will announce the new standards in mid-February this year. As of last October, this certification had been granted to a total of 70 Japanese operators (with 11 of them having duplicate certification for fisheries and distribution/processing.)

Demand is high for octopus in the US and other major markets since its versatility in the kitchen makes it one of the emerging items in the seafood industry. "It is extremely popular with millennials who can build their own poke cups or bowls and have fresh ingredients with no waste or leftovers and have tons of variety," said Mike Daniels, VP of Operations and Sales at Seaport. But while demand for octopus in the US is booming, production declines have limited supplies. This is has pushed up prices in all octopus categories in the US for this emerging seafood item.

Meanwhile, Chilean mussel company St. Andrews Seafood intends to double its sales to the Asian market. St. Andrews is already largest mussel seller in the world, so the increase means its planned output will reach 25 thousand tons.

Finally, Russia's Association of Crab Catchers of the Far East says domestic king crab consumption has doubled. Demand for crab in Russia is steadily growing because of the country' improving economic situation, which has given rise to the purchasing power of local consumers. The Association says as much as 25 percent of Russia's crab landings are now making it to the domestic market and that this figure could go higher in the next several years.

Also be sure to check out our latest Seafood News Weekly recap video. This week's show discusses some of our top stories including the canceled Bairdi crab season in Alaska and the Gulf of Mexico's poor shrimp harvest. Also featured is a special segment from the National Fisheries Insitute that recaps the Global Seafood Market Conference in San Francisco. 

Have a great weekend.

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