Today's Main Story: Norwegian Companies Plan Explosive Growth in Salmon Sales to China
Norway is planning a massive expansion in salmon sales to China, following a series of agreements that will normalize seafood trade. The Norwegians have watched the explosive growth of online seafood sales, and feel Norwegian salmon, which already has an excellent consumer reputation, could take advantage. Some expect to carve out a 65% market share, more than 10 times what they sell currently. If this strategy is successful, it will have global implications for salmon pricing.
In Russia, far east pollock stocks are quite healthy, but the industry is seeking TAC reductions in 2018 due to the market oversupply. The A season Russian production was up 6% over last year. But companies are also taxed on quota they do not catch. With these two factors, the industry is pushing TINRO for more conservative quotas.
The pot cod fishery in Dutch Harbor has closed with over 33 million pounds landed. Extra wide 58' pot cod boats are able to land large volumes, rivaling th 120' crabbers.
A province in Bangladesh is reporting a major outbreak of shrimp disease among black tiger farmers. It is unclear if the massive die offs of juvenile shrimp are the result of high water temperatures and overstocking, or a new disease. Approximately 15,000 tons of shrimp are potentially affected.
Finally the issue of irresponsible BC mine management threatening southeast Alaska salmon rivers has not gone away. We print an opinion piece from someone involved in this issue for many years.
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