Wed. May 28 2025

ANALYSIS: EU-UK Q1 Shrimp Imports Rise 8.5% Y-O-Y, Rise 10% Since Q1 2023  


ANALYSIS: Q2 Trends in Norwegian Cod Landings and Price Dynamics  


The Retail Rundown: Father’s Day Fires Up Demand for Premium Cuts  


Andfjord Salmon’s Q1 Results Reflect Low Production and Zero Revenue Amid Kvalnes Build-Out  


New Report Shows Upward Trajectory for European Union's Blue Economy  


Russia Optimistic About 2025 Salmon Catch in Kamchatka Region  


USDA Announces Section 32 Pre-Solicitation for Atlantic Groundfish and Pacific Pink Shrimp  


Turning the Tide Announces 2025 Marine Industry Awards


Seafoodnews.com Summary Wednesday, May 28


Tue. May 27 2025

Over 27,000 Sockeye and 1,000 Chinook Salmon Netted in Copper River’s First Opener on May 22  


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


Russia Remains Major Salmon Producer in North Pacific Region  


OPINION: NOAA’s Budget Crunch Trimming Fat, or Cutting Muscle?  


Lake Charles Has a 79% Authenticity Rate for Gulf Shrimp Labeling, Test Results Indicate


Seafoodnews.com Summary Tuesday, May 27


Mon. May 26 2025

BioMar Enters Icelandic Aqua Feed Market with Fóðurblandan Partnership


Fri. May 23 2025

Oregon Gov. Kotek, Lawmakers Applaud $16 Million Pink Shrimp USDA Purchase  


Japan’s Frozen Pollock Surimi Imports Increased 4% in Q1


Bakkafrost Q1 Results Show Decreased Earnings Amid Increased Supply  


Russia Focuses on Boosting Seafood Exports, Particularly Value-Added Fish Products


Seafoodnews.com Summary Friday, May 23


Expana US and UK Will Be Closed on Monday, May 26, 2025


Tariff Talks 2025: Expana's Weekly Rundown #10


Thu. May 22 2025

Mowi Unveils New Post-Smolt Facility in Norway  


Russia and Caspian Countries Consider Extending Ban on Commercial Sturgeon Fishing in Caspian Sea  


Cousins Maine Lobster Expands Southern Territory to Gainesville and Savannah


Seafoodnews.com Summary Thursday, May 22


Wed. May 21 2025

The Retail Rundown: Seafood Leads Memorial Day Retail Ads; Weather Poses Challenges  


GAPP Appoints Three New Staff Members to its Communications Team


European Union Imposes Sanctions on Russian Fish Sector for the First Time


New NOAA Research Suggests that Alaskan Salmon Sought Temporary Refuge During Marine Heatwaves


Japan’s March Imports of Fresh Trout Increased 2.5 Times, All from Norway


Navigating the Trump Tariff Turbulence: A Comprehensive Timeline


Seafoodnews.com Summary Wednesday, May 21


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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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