Fri. Jun 23 2017

NFI, Importers Dealt Setback by Court in Ruling over Seafood Traceability Rule


ANALYSIS: Live Lobster Market Following Seasonal Trends  


Atlantic Capes Promotes Two Executives to Operations and Financial Roles  


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


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


Seafood.com News Summary Thursday June 22, 2017


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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How Alaskans Forced Snow Crab Prices Above $8.00; This Price Likely to Carry Through to Boston

Reports from Japan say “Bering Sea Opilio Prices are escalating wildly above $8.00” due to the production cutback in Alaska. As a result, wholesale snow crab prices in Japan have smashed all records, and are up about 50 percent over last year. Traders think the $8.00 per pound prices will also be on offer at the Boston Seafood Show. However, they hold out hope for an early opening of the Canadian Gulf season, especially if ice conditions are not severe this year. As far as snow crab buyers go, all eyes are on the opening of the Gulf and Newfoundland seasons writes John Sackton.

Marine Harvest doubled its earnings in 2016 as the operator benefitted from strong global demand for limited inventories of high-priced salmon. “2016 was a great year for Marine Harvest, with both record earnings and cash flow generation. I am very proud of the work all our colleagues have put in to achieve these results,” said Marine Harvest CEO Alf-Helge Aarskog.  The world’s top salmon producer also announced plans to expand its market share in North America with a new processing facility and farming sites in Canada. 

In other news, tilapia processing plants have started back to work after the Chinese New Year. But output is still low. The market situation in 2016 has taken a toll on farmers feeding and stocking of tilapia, which has meant stable prices amid small supplies. Meanwhile, white shrimp production in sheds, or roof covered ponds, exceeded expectations in South China, with the result that for the first time in several years there was no major price increase on shrimp during the New Year festival.

Iceland’s Ministry of Fisheries raised its commercial capelin quota to 299,000 metric tons, which is a sharply higher quota compared to last year. Major Iceland fishing company HB Grandi is among the key capelin harvesting companies in the country and said the higher quota should benefit Japan's roe market. "There is strong demand for roe-bearing capelin on the Japanese market and as stocks are low, roe prices are high," said Garðar Svavarsson, head of HB Grandi's pelagics division.

Finally, the votes fell short for a second round of Southeast Alaska salmon seine permits to be retired, or bought back, by a federal loan. The referendum failed by 26 votes among 315 eligible to participate

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