Trump Opens "Hundreds of Thousands" of Pacific Miles to US Commercial Fishing

President Donald Trump signed an Executive Proclamation on June 11 titled "Restoring American Commercial Fishing in the Pacific," opening expanded fishing grounds for American fishermen across three Pacific marine national monuments.

The proclamation restores commercial fishing access to:

-- The Islands Unit of the Mariana Trench Marine National Monument

-- The Mau Zone and Ho'omalu Zone and areas seaward of 50 nautical miles within the Papahānaumokuākea Marine National Monument

-- Waters between 12 and 50 nautical miles surrounding Rose Atoll within the Rose Atoll Marine National Monument...

Canada Boosts Newfoundland Northern Cod Quota 55% to 59,000 Tonnes

Canada's Newfoundland and Labrador Northern cod quota will jump 55% to 59,000 tonnes in 2026, Fisheries Minister Joanne Thompson announced, marking the third consecutive year of significant increases as global cod supplies tighten.

The increase in the Total Allowable Catch (TAC) to 38,000 tonnes continues the fishery's remarkable recovery trajectory since its reopening in 2024 after a 32-year moratorium. The decision comes as other major cod-producing regions face declining quotas, creating opportunities for Canadian suppliers in premium markets...

USITC Extends Antidumping Order on Vietnamese Fish Fillets Through 2031

The US International Trade Commission determined that revoking the existing antidumping order on certain frozen fish fillets from Vietnam would likely lead to continuation or recurrence of material injury, extending the trade remedy for another five years.

The unanimous decision by Chair Amy A. Karpel and Commissioners David S. Johanson and Jason E. Kearns ensures the antidumping order will remain in place through 2031, maintaining import duties on Vietnamese fish fillet shipments.

The determination concludes the Commission's fourth five-year sunset review of the trade remedy, which was instituted...

Peru Extends Fishing Ban Indefinitely as Global Fishmeal Output Plunges 26%

Peruvian authorities have extended the current fishing ban beyond its June 10 deadline with no termination date announced, covering the maritime area from Peru's northern border to 16°00′S latitude.

The indefinite extension reflects ongoing Coastal El Niño conditions, with warm waters and a high share of juvenile fish indicating a dispersed biomass. The Vice-Ministry of Fisheries and Aquaculture may lift the measure in full, in part, or gradually, based on IMARPE's scientific assessments and updated biological, fishing, and environmental conditions...

EU Prepares New Sanctions Targeting Russian Fish Exports, Including Cod Ban

The EU's new sanctions package against Russia may restrict Russian fishery supplies to Europe, including a complete ban on cod sales, which may lead to serious losses for Russian fishermen.

According to European Commission President Ursula von der Leyen, fisheries have so far been among the sectors not significantly affected by sanctions; this may change soon.

The EU market has been among the most important sales markets for Russian fishermen despite current tensions between the two sides. According to estimates by the Russian Fisheries Union, in 2025, total...

Japan's 2025 Frozen Sockeye Imports up 37% from Russia, Plummets 69% from the US

Japan imports wild sockeye salmon, mainly caught in the summer from Russia and the United States, and uses it as a raw material for salted salmon.

According to trade statistics from the Ministry of Finance, Japan's 2025 imports of frozen sockeye salmon increased by 17% year-on-year (YOY) to 18,602 tons, with an average price of 1,150 yen/kg ($7.16/kg), up 14%. While the increase in imports from Russia, the main source, drove the overall increase...

Crop-Threatening 'Super El Niño' Also Likely to Create Regional Winners, Say Expana Experts

This year’s (2026-2027) El Niño weather phenomenon can significantly affect global commodities, and food price inflation can be expected, especially if it is confirmed to be what is commonly known as a ‘Super El Niño’.

While most of the mainstream media's focus is on the devastating consequences of the Super El Niño phenomenon, it is worth noting that it will have a large but also highly varied economic impact across different regions. There are both winning and losing countries - and by extension, agricultural commodities

ADM's Bern Aqua Becomes Belgium's First BAP-Certified Feed Producer

ADM subsidiary Bern Aqua has become Belgium's first Best Aquaculture Practices (BAP)-certified feed producer, the Global Seafood Alliance announced June 11.

The certification covers Bern Aqua's Olen feed mill, which specializes in hatchery and nursery feeds for shrimp and fish across more than 50 countries. GSA said the milestone "underscores growing industry demand for greater traceability, responsible sourcing and third-party certified feed production."

"We are incredibly proud of this certification, which marks an important step forward in our mission to deliver superior nutrition solutions for...

Canada Launches Mission to Combat IUU Fishing in the North Pacific Ocean

Illegal, unreported, and unregulated (IUU) fishing threatens national and international fish stocks, ocean ecosystems, and global markets. Last Tuesday, Canada's Department of Fisheries and Oceans (DFO) launched its fourth annual high seas patrol to detect and deter IUU fishing in the North Pacific Ocean.

The mission, known as Operation North Pacific Guard (Op. NPG), is led by DFO fishery officers and supported by the Canadian Coast Guard and the Royal Canadian Mounted Police. The patrol also includes representatives from the US Coast Guard...

Alaska 2026 Salmon Harvest Forecast 40% Lower Despite Pink Salmon Gains

If pre-season forecasts prove accurate, 2026 will be a lean year for Alaska wild salmon across most species. Alaska's total harvest forecast calls for 56 million pink salmon, 49.7 million sockeye salmon, 17.2 million chum salmon, and 2.4 million coho salmon. If realized, the forecast for the 2026 total Alaska commercial salmon harvest will be approximately 125.5 million fish—nearly 40% fewer than last year.

However, pink salmon are two-year fish, and even years have traditionally seen smaller returns compared to...

USDA Office of Seafood Secures First Federal Funding in 2027 Appropriations Bill

The US House of Representatives passed the Agriculture, Rural Development, Food and Drug Administration, and Related Agency Appropriations Act of 2027 (HR 8646) last week with a vote of 213 to 210, allocating $500,000 to fund the USDA Office of Seafood in fiscal year 2027.

The appropriation marks the first federal funding for the office since its establishment in April 2026. The Trump administration created the office, described as the "first of its kind," to provide customer service for American seafood cultivators, producers, and processors seeking to...

Expana's Weekly Top 10

From biosecurity threats and trade tensions to sustainability breakthroughs and climate-driven market risks, this week's Top 10 captures the developments commanding attention across global commodity markets. Industry participants are balancing innovation with uncertainty as new packaging and feed solutions emerge, tariffs continue to reshape trade flows, and concerns over animal health, inflation, and weather volatility create fresh challenges for the months ahead as we enter into the traditional summer lull. This list is in no particular order.

Shannon Behary checked in with a pair of headlines in the...

House Committee Advances Trade Crime Legislation as Trump Signs Customs Enforcement Order

The House Judiciary Committee unanimously advanced the bipartisan "Protecting American Industry and Labor from International Trade Crimes (PAIL) Act" (H.R. 1869) last week by a 23-0 vote, while President Trump signed an Executive Order strengthening US customs law enforcement on the same day.

The PAIL Act, introduced by Representative Ashley Hinson (R-IA) with 42 co-sponsors, would establish a Justice Department task force to investigate and prosecute trade-related crimes. The task force would increase investigations of trade fraud while providing advanced training to Homeland...

Nueva Pescanova Adds Modern Freezer Vessel to Namibian Fleet

Grupo Nueva Pescanova has acquired the freezer vessel Olupale for its NovaNam subsidiary in Namibia, reinforcing the Spanish company's investment in African fishing operations.

The 59.82-meter vessel features a 900-cubic-meter hold capacity and can accommodate up to 66 crew members. Built in 2024 but not yet operational, the Olupale will primarily target hake processing with the capacity to catch and process up to 2,500 tons of finished product annually.

Nueva Pescanova acquired the vessel from Mar de Arbo SL to replace the Mar del Cabo...

Middle East Market Intelligence Brief: Week Ending June 12, 2026

A US–Iran memorandum to pause the Gulf war could be signed as soon as Sunday, though wording is still being finalized.

Iran is pushing for the deal to also end fighting in Lebanon and includes demands like lifting sanctions, unfreezing Iranian assets, and halting hostilities across all fronts, while nuclear issues would be postponed.

Trump said a “great settlement” was ready and called off new strikes, but details remain unclear. Reports also suggest tensions persist around the Strait of Hormuz, a key route for global energy supplies.
 
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Murray Cod Australia Names Kelly Sperl as CFO and Company Secretary

Murray Cod Australia Ltd has appointed Kelly Sperl as Chief Financial Officer (CFO) and company secretary, effective June 22, as the ASX-listed premium food company looks to strengthen its financial and operational leadership.

Sperl brings more than 25 years of finance experience across ASX-listed, private and family-owned businesses. She has held senior finance leadership roles at Foster's Group, STIHL Australia, Bakers Delight, Gale Pacific and PaperlinX. According to the company, her background spans financial management, treasury, business transformation, manufacturing operations, ERP...

Cousins Maine Lobster Returns to South Texas as Touring Strategy Drives Growth

Cousins Maine Lobster's food truck tour is an out-of-the-box marketing strategy that was first introduced in 2020 by franchisee Chris Papp. The initiative allows the brand to test new markets while building awareness and connecting directly with customers.

Today, the fast-casual seafood company announced its latest tour, which will return to South Texas. The food truck is scheduled to make stops in Corpus Christi, Brownsville, McAllen, Rockport, and Victoria, offering its full menu of fresh Maine lobster dishes, including its...