Fri. May 26 2017

Atlantic Scallop Prices Continue to Crash in May with Landings Up 23% from Last Year  


Oregon, California Governors Ask Feds to Declare Catastrophic Salmon Disaster  


California Salmon Hearing Includes Warnings of Impending Disasters, Some Solutions  


Southeast Alaska Spring Troll Fishery for Chinook Closes Monday  


VIDEO: Ecuador’s Shrimp Production and Sales to Asia Reach Records; Alaska’s Salmon is Underway  


Ancient Genetic Markers in Sockeye Salmon Can Help Manage Healthier Fish Stocks  


Study Says US Investments on Aquaculture Research Pay Dividends


New Zealand Boosts Fisheries Budget by US$21.5 Million


MSC Certifies the Greenland Halibut Fishery off West Greenland as Sustainable  


Seafood.com News Summary Friday May 26, 2017


New Zealand Boosts Fisheries Budget by US$21.5 Million


Thu. May 25 2017

Further Restrictions on Copper River Kings as Landings Higher than Expected in First Two Fishing Per  


New Rockfish Longevity and Spawning Info Will Help Stock Assessments and Ensure Healthy Populations   (0) 


Rick Speed Joins ISA as VP Sales; Parent Company Shifts Marketing Approach  


Miffed Land Grabber Attempts to Block Pacific’s Surimi Plant Deal in Threat to Whiting Fishery  


DHL Now Shipping Live Crabs and Seafood from Northern Norway to South Korea and US Markets  


Sea to Table Expands Seafood Delivery Service Directly to Consumers


Sustainable Fisheries Partnership Teams Up With Spain's Largest Seafood Canner Jealsa  


DFO Identifies 140,000 km of Ocean West of Vancouver Island for MPA Designation


Seafood.com News Summary Thursday May 25, 2017


Wed. May 24 2017

Oregon Pink Shrimp Volume Steady; Small Sizes Remain a Concern  


DFO Opens Newfoundland's 3Ps Inshore Cod Fishery But Issues No Decision for Offshore Harvesters  


Chilean Customs Workers Go On Strike Indefinitely  


WWF Study: Shrimp Can Be Traced Back to Their Country of Origin Through Elemental Profiling  


ISSF Compliance Report Focuses on Tuna Best Practices, Collaboration  


SCeMFiS Funds Seven Research Projects Affecting Fisheries Management  


Cape Greig Walrus are Back, ADF&G Plans Changed Fishery Boundary Again


Seafood.com News Summary Wednesday May 24, 2017


Tue. May 23 2017

Congressional Trade Committee Hears Testimony About US Seafood Trade Deficits from ASPA and NFI  


RFM Certification Underway for Five Alaska Crab Fisheries, ASMI Calls for Stakeholders Input  


Chinook Salmon Research in Yukon and Nushagak Rivers Designed to Help Manage Fisheries  


Commerce Department Rescinds Duty Rate Review for Chinese Shrimp Exporters  


Santa Monica Hires Dave Harrison as VP of Procurement


Long John's Featuring Buttermilk Breaded Alaskan Cod on Menu for the Summer  


Canada's Redfish Fishery Earns MSC Certification  


VIDEO: Ecuador's Shrimp Output and Sales to Asia Reach Records  


James Beard Chef Says Maine Should Start Eating its Invasive Green Crab Problem


Seafood.com News Summary Tuesday May 23, 2017


Mon. May 22 2017

Ecuadorian Shrimp Exports at Record Level in 2017 as Sales to Asia Dominate Market Share  


F/V America's Finest, Largest Catcher Processor Built in US in 30 Years, May Need Jones Act Waiver


First Copper River Opener Took Nearly Half the Chinook Forecasted Harvest and 36,000 Sockeye  


PODCAST: Canada’s Snow Crab Market Stabilizes and China’s Era of High Shrimp Output Fades  


Seafood.com News Summary Monday May 22, 2017


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Mahi Coming Off Menus With 2016/17 Season a Bust, US Inventories Limited and Market at Record Highs

Mahi is starting to come off of restaurant menus in the US this year since the 2016/17 fishing season in Central and South America was a bust, which has limited inventories in the US market, pushed frozen wholesale markets to record levels and sent fresh prices to abnormally high prices for this time of the year. Fresh and frozen mahi supplies are down from a combination of water temperature-induced production problems from major Central and South American suppliers and a hike in FDA inspections and rejections of mahi in 2016. Frozen mahi prices are now at record highs, while fresh prices are trending well above averages for this time of the year.

Major Chinese scallop producer and exporter Zhangzidao posted improved revenues in 2016. The company took several steps to turn around its business last year including improving its scallop production and sales to domestic markets. The company also to streamlined the management of its operations and slimmed down its business goals to focus more on production rather than distribution logistics.

Meanwhile, Clearwater Seafoods' sales grew 21 percent in 2016 compared to the previous year. Clearwater said its sales and earnings were positively impacted by strong prices for scallops and higher sales volumes for clams, lobster, langoustine, whelks and crab. However, Clearwater said this growth was mostly from its acquisition of Macduff Shellfish's operations in late 2015. Otherwise, the company's sales fell short of its target. "Excluding Macduff, Clearwater's core business financial performance was below expectations as the company felt the combined effects of shortages of supply in northern shrimp and sea scallops," said Ian Smith, Chief Executive Officer.

In other news, Japan's inventory of salted kazunoko (herring roe) carried over from 2016 is up 10 percent from a year before according to the Fisheries Agency's cold-store seafood distribution statistics. The agency said this was the highest increase rate on record.

Finally, the New England Fishery Management Council’s scallop committee will meet to discuss how catch reports might be compiled more quickly and how to collect better scientific data to estimate the number of scallops in the northern gulf. The committee first will work to identify issues that need to be addressed before the council considers making changes to fishing restrictions for each class of vessel. Some of Maine's small boat scallopers say current regulations favor unlimited quotas for the big boat sector and that they are getting squeezed out of the fishery.

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