Fri. Oct 20 2017

NOAA Precedents in NE have led to Compete Revocation of All Permits in Major Fisheries Fraud Cases


Forbes Puts Chuck Bundrant on its Billionaires List of 400 Richest Americans


Urner Barry's Seafood Import Workshop in Miami Sparks Lively Discussions


Hawaii Senator Speaks Out Over Trump’s Administrator of NOAA Nominee


Sheriff’s Deputy That Helped Carlos Rafael Smuggle Money Sentenced To Prison


Netuno USA Partners With Monterey Bay Aquarium Seafood Watch Program


Russia May Double Volume of Deep Sea Crab Fished Below 1000 m to 30% of Total Harvest  


Thai Union Hires Former EDF Specialist As North America Sustainability Director


Selective Breeding of Farm-Raised Tilapia Could Reduce Strep  


ASMFC Passes Final Northern Shrimp Allocation with 80% to Maine; No Decision on Fishery Opening  


Yueyang City's Output of Small Crayfish to Other Chinese Cities is Growing  


VIDEO: Seafood Import Workshop; Codfather Vessels; Strong Salmon Harvest; Restaurant Sales Decline  


SeafoodNews.com Summary Friday, October 20


Thu. Oct 19 2017

Fisheries Council of Canada Says Government Secrecy on New Fisheries Law Threatens Jobs, Investment


China Jumps on Argentine Red Shrimp, Which Had a Near Record Harvest This Year


In its 22nd year, China Fisheries & Seafood Expo Still Setting Records


Riverside Lobster in Nova Scotia Struggles to Find Plant Workers  


MSC Responds to Criticisms of PNA MSC Tuna Using Vessels That Target Both FAD and Free Swimming Fish


One-by-One Tuna Conference Pens Global Principles for Stakeholders and Supply Chain  


Indianapolis Based First Choice Seafood Acquired by Cincinnati Distributor Enson Group


Oysters Could Reduce Nutrient Pollution, According to New Study  


Rainforest Tilapia Earns 4th and Final BAP Certification Star  


Canadian Centre For Fisheries Innovation Hosting Cod Fishery Conference  


SeafoodNews.com Summary Thursday, October 19


Wed. Oct 18 2017

Lawsuit Documents Show Pattern of Collusion Between Commerce and Rec Fishery  


Fortune Fish Hopes to Haul in E-commerce Sales With Lobster Gram  


Maine Weighs Lottery to Issue First New Scallop Licenses Since 2009  


StarKist Expands BOLD Line of Tuna Pouches with New Sriracha Flavor  


White Shrimp Prices Drop in Some China Regions Due to Market, Environmental Factors  


SeafoodNews.com Summary Wednesday, October 18


Tue. Oct 17 2017

DFO Cracks Down on Peaceful Crab Protest in Port Au Choix  


New Chicken of the Sea Ad Campaign Tackles the Question: Is It Chicken or Is It Fish?  


SeafoodNews.com Summary Tuesday, October 17


Captain D’s Franchisee Opens Second Restaurant In Less Than 60 Days  


Canadian Oyster Companies Recalling Some Products  


Mon. Oct 16 2017

Newfoundland Snow Crab Survey Likely to Show Further Decline According to DFO Biologists


Royal Greenland Looking to Buy More Snow Crab and Coldwater Shrimp Access, CFO Tells Japanese


Alibaba's New Hema Fresh Supermarkets Generating Overwhelming Response in China  


Kodiak May See a Small Tanner Crab Fishery This Year


SeafoodNews.com Summary Monday, October 16


American Fisheries Society Strongly Objects to EPA’s Recent Effort to Reverse its Own Protection of  


Tilapia Prices Drop after National Day and Mid-Autumn Festival in China  


Thai Union Forms New Management Structure in Europe Headed by Paul Reenan of John West


Blue Revolution Promoting Seaweed Mariculture in Alaska


ANALYSIS: Traders Outlook Positive Amid New Seasonal Mahi Production  


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Farmed Salmon Prices Enter Summer Season Decline

Farmed salmon prices have been in decline since Memorial Day weekend with traders reporting quiet demand in the market with inventories well supplied. This is a typical time of the year to see farmed salmon prices come down. Salmon starts to compete with other, more grill friendly protein options at the retail level. Buyers also begin to source wild-caught salmon from Alaska as those supplies come become readily available. The seasonal decline is not as pronounced in 2017 as it’s been in past years and these prices are still at record levels.

Amazon announced a deal to buy Whole Foods Market for about $13.7 billion. The grocer will continue to operate stores under the Whole Foods Market brand, the companies said. John Mackey will continue as chief executive of Whole Foods, and the company's headquarters will remain in Austin, Texas. Amazon and Whole Foods expect to close the deal during the second half of 2017.

The first interpretive report issued from the Port Moeller Test fishery, released yesterday, suggests that the forecast 41 million sockeye run for the Bay is on track. It is too early at this stage to release stock composition or run size estimates, but early indications are that the current surge of fish is destined for Egegik, the river system with the highest volume forecast for this year. The report shows that the 2017 run timing is earlier than years when the run has been late, and is later than years when the run has been early. This suggests a run timing right around the long term average.

In other news the Alaska House passed a modified operating budget that tilts toward House priorities along with an expanded Permanent Fund dividend on Thursday evening. This budget now goes to the Senate for approval. If the Senate turns down the spending plan, lawmakers would have to open a second special session to pass an operating budget and avert a government shutdown July 1.

Finally, Indian seafood exports are expected to grow 20 percent this year from higher shrimp sales to the US market. "With exports to US setting new records and the markets' rising appetite, the industry is confident of a strong growth for the Indian shrimps. By our current estimates, it would be a surprise if Indian exports don't bring in growth in excess of 20 per cent y-o-y (year on year)," said Rahul Kulkarni, director, WestCoast Group, a leading seafood exporter from India.

Have a great weekend. 

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