Wed. Apr 2 2025

Navigating the Trump Tariff Turbulence: A Comprehensive Timeline


Lawmakers Introduce New Legislation to Include US Fishing Industry in Federal Farm Credit Program


Slight Lifting of US Sanctions Would Allow Russia to Resume Crab Supplies to US Market


ANALYSIS: Comparative Price Overview of Vietnamese Pangasius and Domestic Catfish (2015-2025)


BioMar Costa Rica Obtains Country's First ASC Feed Certification


Japan Records All-Time High Prices for 2024 Chilean Coho; Sockeye Salmon Imports Fall by 40%


The Retail Rundown: Spring Sizzle Fuels Protein Demand


Norway Reverses Unused Third Country Quotas for Cod and Haddock


GAPP Reelects Chairman, Directs Record Investment into Fishery Reputation and Global B2B Marketing


Seafoodnews.com Summary Wednesday, April 2


Tue. Apr 1 2025

Key NL Snow Crab Fishery Updates; ASP Clashes with NL Government Amid Season Delay


ANALYSIS: US Shrimp Imports; Beyond the Headlines


Seafood Giant Maruha Nichiro Will Be Umios, Signaling “Third Founding” Since 1880


ANALYSIS: The 2025 Pacific Halibut Season Begins Amid Quota Reductions and Tariff Uncertainty


Russia to Increase Total Allowable Catch for 2026


Japan's 2024 Frozen Surimi Imports Fall to Two-Thirds of Peak Level, Fourth Lowest Level in 35 years


Norwegian Directorate of Fisheries Expands Protections for Wild Atlantic Halibut


Viciunai Group Invests €100M in Lithuanian Salmon Processing Facility


Seafoodnews.com Summary Tuesday, April 1


Benchmark Holdings Finalizes Sale of Aqua Genetics Division


CP Foods and Thai Union Say Thai Operations Not Impacted by Myanmar Earthquake


Mon. Mar 31 2025

Connecticut Lawmakers Address Secretary Lutnick, Demand Reinstatement Of Terminated NOAA Employees


Grieg Seafood CEO Resigns


California Reports Progress in Supporting Healthy Salmon Populations and Habitat


Rhode Island Congressional Delegation Introduces Bill To Add Two Seats to Mid Atlantic Council


Western Pacific Council Flags Economic Burdens of Electronic Monitoring, Backs Relief Efforts


Supreme Crab & Seafood Revamps its Canned Crab Packaging in Time for Spring


Seafoodnews.com Summary Monday, March 31


Fri. Mar 28 2025

NL Snow Crab Fishery Season Delayed, To Start One Week Late


Alaska Seafood Industry, Lawmakers, and Media Urge US to Cool Down Trade War and DOGE Cuts


Oregon Issues Annual Pink Shrimp Review Report as New Season Approaches


Icelandic Salmon Farmer Kaldvik Acquires Two Farming Operations and One-Third of Another


FDA Updates Advisory on Frozen Half-Shell Oysters from the Republic of Korea


Russia Plans to Ramp up Fight Against Poaching This Year


Mississippi Rep. Mike Ezell Introduces Bi-partisan Cormorant Relief Act to Protect Catfish Farms


New Study Shows Wild Alaska Sole’s “Impressive Levels” of Omega-3s and Other Key Nutrients


Seafoodnews.com Summary Friday, March 28


Thu. Mar 27 2025

SENA 2025: Expana Analysts Break Down Forecasting and Algo-Forecasting in the Seafood Market


Alaska's 2024 Salmon Season Sees Many Lows, with Five Fishery Disasters; 2025 Looks Better


Vietnam’s Shrimp Exports Exceed $4 Billion in 2024


Japanese Shipments of Farmed Bluefin Tuna Increased by 11% in 2024


Leading Russian Fish Producers and Processors Expect Further Revenue Decline in 2025


Seafoodnews.com Summary Thursday, March 27


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Peeled Shrimp Margins Squeezed

Since about the middle of 2015, despite a few peaks, margins on peeled shrimp have been on a steady decline according to an analysis from Urner Barry. Margins bottomed out in the 4th quarter of 2016 and have rebounded since that time. But they remain at the bottom of the range since 2008. After the high prices due to EMS in 2014, peeled shrimp have generally traded in a very narrow range over the last 3 years.

Bocaccio and darkblotched rockfish, which are managed by the Pacific Fishery Management Council, have now been rebuilt before original target dates. The Scientific and Statistical Committee report at the June Council meeting said bocaccio's increase above the overfishing level is due in large part to strong recruitment events in 1999, 2010 and 2013. Its estimated lifespan is 50 years.“The rebuilding strategies used to achieve this conservation success, coupled with favorable environmental conditions for groundfish productivity, have paid huge dividends in rebuilding our overfished groundfish stocks and resurrecting West Coast groundfish fisheries,” Council Chairman Herb Pollard

In other news, Thai producers plan to increase their shrimp output in the second half of this year, after output from farms dropped in the first two quarters of 2017 compared to last year. The expectation is for shrimp production to grow 5 percent overall this year. Thai shrimp prices, which are on the rise again, are expected to either remain stable or grow 5 percent in 2017 compared to last year said Preerasak Boonmechote, Thai Union Group’s shrimp unit managing director.

Meanwhile, lobster industry representatives in Massachusetts are urging legislators to support a proposal to expand in-state processing of lobsters and lobster parts. The proposal, contained in an amendment in the state Senate’s recently passed budget, would allow licensed Bay State wholesalers to process unfrozen raw lobsters, as well as allowing the sale of previously frozen raw in-shell tails and the importation of unfrozen shell-on lobster parts and tails. "Right now, we depend on Canada for so much of our processing facilities,” said Beth Casoni, executive director of the Massachusetts Lobstermen’s Association, which supports the proposal. “This would allow us to do that processing here in Massachusetts, helping us to create jobs here and create markets for our lobster products.”

With what looks like a "sustained push" of reds up the Nushagak and Wood Rivers, coupled with stronger winds in the forecast, the ADF&G is likely to make an announcement to ready the fleet for possible fishing time. "There was a big uptick in passage yesterday: 59,000 raw count and still pushing this morning," said west side area manager Tim Sands early Monday.

Finally, today is my last day as production editor for Urner Barry and Seafoodnews.com. My career in the seafood industry will continue as I have taken a position in Boston. It’s been a privilege learning and writing about this industry and I’m extremely grateful to Urner Barry and Seafood News for the opportunity they have offered me over the last six years to serve you, our readers.

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