Fri. Feb 21 2025

Indonesia's Blue Swimming Crab Exports in Jeopardy Amid Stricter Currency Controls


Canada Sees 582% Sales Increase for MSC Labeled Tuna


Russia’s Kamchatka Krai Experiences Serious Problems with Salmon Stock, Catch


Seafood Expo North America Announces 2025 Conference Program


Blumar, Multi X, and Camanchaca Join S&P Global’s Sustainability Yearbook 2025


Lineage and Port of New Orleans Expand Import Inspection Services


Seafoodnews.com Summary Friday, February 21


Thu. Feb 20 2025

ANALYSIS: 2024 Frozen Tuna Fillet Imports Reach Second Highest Levels on Record


Japan's 2024 Salmon and Trout Imports Increased 8%, Driven by 20% Increase in Frozen Coho


SeaPak Debuts New Cajun-Style Shrimp Product


Interstate Warehousing Announces Expansion of Arizona Cold Storage Facility


Landmark California Agreement Focuses on Removing Eel River Dams


Yumbah Aquaculture Active on the M&A Front Again; Eyeing Merger with Clean Seas Seafood


Science Center for Marine Fisheries Announces $277,857 in Research Funding for 2025


Sustainable Fisheries Partnership, Hilborn Lab Launch Latest FIP Database Update


FDA Expands Oyster Advisory for Louisiana Area 3


Seafoodnews.com Summary Thursday, February 20


Wed. Feb 19 2025

Indonesia’s New Export Policy Poses Challenges for Seafood Industry


Senate Confirms Lutnick as Commerce Secretary


Maine Department of Marine Resources Commissioner Patrick Keliher to Retire


The Retail Rundown: Cold Weather Influences Demand


Alaska Salmon Fishery Meets MSC Requirements Following Hatchery Audit


Russia's Shortage of Dockage Facilities May Lead to Decline of Fish Catch


Okamura Foods to Triple Trout Farming by 2030 with JPY 19 Billion Investment


New England Council Seeks Input on Scallop Strategic Plan Via Visioning Sessions


Seafoodnews.com Summary Wednesday, February 19


Tue. Feb 18 2025

ANALYSIS: Diving into Tuna Landings, Price Trends in the Eastern Pacific Ocean for 2024-2025


Over 21 Million Pounds of Alaska Pollock Among USDA’s Latest Seafood Purchase Requests


Mowi Purchases Uninhabited Scottish Island to Establish New Salmon Farm and Kickstart Local Tourism


ANALYSIS: Fresh Atlantic Halibut Market Rises with Seasonal Demand and Trade Uncertainty


ANALYSIS: Norway Brings Stability to the Cold-water Shrimp Market


Russia Plans to Accelerate 2025 Fish Catch in the African Region


Nordic Aqua Resumes Sale of Atlantic Salmon at Facility in Ningbo, China


SalMar Reports Satisfactory Q4 Results, Shares Acquisition Plans


Thai Union Reports $4.1 Billion in 2024 Sales, Net Profit Up 7.2%


Kibun Foods Enters the Fish Sausage Market; First Joint Development with Maruha Nichiro


Cousins Maine Lobster Opens New Location in Springfield-Peoria, IL


US Foods Reports Strong Fourth-Quarter and Fiscal Year 2024 Results


Seafoodnews.com Summary Tuesday, February 18


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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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