Mon. Aug 21 2017

High Prices on Crayfish in China’s Domestic Market Has Some Traders Concerned  


Louisiana White Shrimp Season Officially Open  


COLTO Successfully Gets Amazon Toothfish Ban Petition Removed  


Capital Seafood Rebuilding in Nova Scotia After 2016 Fire  


SeafoodNews.com Summary Monday, August 21


Fri. Aug 18 2017

StarKist Samoa Cannery to Shut Down Due to Fish Shortages


Russian Crab Producers Say Production is Now at Highest Sustainable Levels, Consolodation is Next  


ANALYSIS: Gulf Oyster Gallon Meat Prices Spike  


Norwegian Seafood Exports to China Show Dramatic Rise  


Tally’s New Zealand Gets its Purse Seine Skipjack Certified by MSC


Researchers Discover Reason for Deafness in Farmed Salmon  


West Coast Scientists, Industry Collaborate on Sardine Survey  


Marine Biologist Hopes to Solve Mystery of Blue King Crab Population Flatline in Pribilof Islands  


Aquamar and LM Foods Create New Platform In Surimi Seafood Market


VIDEO: Seafood Plant Fire; Joe’s Crab Shacks Closed; High Liner CEO; Maxfield Sues; Seafood Meal Kit


Liberty Seafoods Names Greer Vest as Director of National Accounts


Columbia Pacific Heritage Museum in Washington Hosts Exhibit On Early Years of Salmon Derbies  


SeafoodNews.com Summary Friday, August 18


Thu. Aug 17 2017

ANALYSIS: Atlantic Salmon Frozen Fillets and Portions also under Downward Pricing Pressure  


Northern California Petitions for More Squid Permits  


COLTO Responds Forcefully to Baseless Amazon Petition Asking to Ban Sale of Toothfish  


ANALYSIS: Imports of Mexican Shrimp  


Danish Fish Scandal Hints at illegal Quota Manipulations Going Back Years


GAA and Fishin’ Company Partner to Promote Positive Aspects Of Aquaculture Industry  


Striped Bass Being Caught in Labrador Which is Far Beyond their Normal Range  


Annual Fishing Ban in South China Sea Lifted


SeafoodNews.com Summary Thursday, August 17


Wed. Aug 16 2017

High Liner Will be Looking for New CEO Says Henry Demone


Prices Drop as Sick Shrimp in China Flood the Market Again -- Except in Guangxi  


Southeast Alaska Dungeness Fall Season Reduced to One Month  


NOAA Endorses Eating Small Haddock — But What About Cod?  


Canada Announces Largest Marine Protected Area in High Arctic


Midwest Supermarket Chain Hy-Vee Offering 100% Responsibly Sourced Fresh and Frozen Seafood  


Sea Pact Announces 2017 Request for Grant Proposals


Oregon Dungeness Crab Commission Looking to Fill Staff Position  


Calysta Trial Reveals FeedKind Protein Could Replace Fishmeal in Shrimp Feed  


Washington Governor Appointments Former PFMC Director to Fish and Wildlife Commission  


As right whales move into Gulf of St. Lawrence Protection Creates Dilemma for Canadian Gov’t


Cargill Survey Reveals U.S. Consumers are Willing To Spend Extra for Sustainable Seafood  


SeafoodNews.com Summary Wednesday, August 16


Tue. Aug 15 2017

Henry Demone Returns as CEO of High Liner Foods, Effective Immediately, As Company Stumbles in 1st Q


Urner Barry Wraps Up 2017 Intern Program


SeafoodNews.com Summary Tuesday, August 15


North Atlantic Traders President Seeking Attorney Fees After Being Cleared of NOAA Bluefin Charges  


"Inefficient" Methods of Fishing is Keeping a Cornish Oyster Fishery in Business  


NMFS Institutes More Swordfish Research Off Florida, Praised by EDF  


West Coast Groundfish Marketing Group Hires Jana Hennig as Director  


ANALYSIS: Shrimp Imports Continue to Soar  


Cooke Again Faces Local Opposition to Potential Salmon Hatchery in Nova Scotia  


Aquaculture Could Satisfy Global Seafood Demand Using Ocean Space the Size of Lake Michigan


Boston Seafood Hall of Fame Inducts GAA Executive Director Wally Stevens


Trū Shrimp Company, Schwan’s Company Enter into Partnership to Provide Safe, Natural Shrimp  


Mon. Aug 14 2017

SeafoodNews.com Summary Monday, August 14


Stronger Canadian Dollar Creating Standoff Over Falling Shore Lobster Prices in New Brunswick   (0) 


Diana Evans New Deputy Director at North Pacific Fisheries Council


Seattle's Fancy Canned Fish Restaurant Lands RealNetworks CEO as Investor  


Western Pacific Council Wrestling with Cultural, Commercial Fishing Definitions in Monuments  


Dubai Seafex Show Highlights Growth of Seafood Consumption in Middle East


Maxfield Seafood Sues Freight Co. Over Theft of $318,00 Load of Frozen Lobster from Boston  


Norwegian Salmon Titan Gustav Witzoe Concerned Over Cost of Sea Lice Control  


Added-value Seafood Products Will be the Rising Star of Guolian  


Guolian Supports E-commerce Companies to Find Solutions to Online Seafood Sales Problems  


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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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