Fri. Jun 23 2017

NFI, Importers Dealt Setback by Court in Ruling over Seafood Traceability Rule


FFAW wins Higher Summer Shrimp Price as Panel Sets $1.25 per Lb. as Benchmark  


China Shrimp Seed Stocking Drops 25% in First Half, Output to Be Stable on higher Quality seed  


ANALYSIS: Live Lobster Market Following Seasonal Trends  


Tesco Hikes UK Salmon Retail Prices, Following Sainsbury  


Chinese Engineers Finish First Semi-Submersible Aquaculture Pen for SalMar ASA  


Atlantic Capes Promotes Two Executives to Operations and Financial Roles  


Seafood.com News Summary Friday June 23, 2017


Thu. Jun 22 2017

Japan Frozen Salmon Market Weakens Ahead of New Season Production in Russia and Alaska  


ANALYSIS: Atlantic Salmon Frozen Fillet Imports Beginning to Rise  


Brits All At Sea on Old Fish Names


Zhanjiang Aquatic Products Exposition Draws Purchaser and Visitors from Around the World  


Seafood.com News Summary Thursday June 22, 2017


Norway Sees Rise in Export Values in May  


Wed. Jun 21 2017

BuyBack Program for Non-Whiting Trawl Fleet Continues to Generate Excessive Costs with no Relief   (0)


ANALYSIS: Scallop Market Prices Retreat from All-Time Highs  


New Bedford Mayor Says Rafael Represented 75% of their Groundfish Landings; Pleads to Keep Permits


Mexican Film on Tilapia Workers Wins First Prize for World Seafood Congress Women in Seafood Videos


Just Shrimp Adds Healthy Alternatives to Attract Younger Diners  


Seafood.com News Summary Wednesday June 21, 2017


Tue. Jun 20 2017

Peeled Shrimp Margins Squeezed by Two Year Decline  


Bocaccio, Darkblotch Rockfish Assessment Updates Show Stocks Rebuilt  


Oregon Trawl Commission Strongly Disputes Our Criticism of MSC's Approach to West Coast Groundfish   (0)


Chris Oliver Named Assistant Administrator for NOAA Fisheries


Stavis Seafoods to Pack Fresh Fish in 100% Recyclable Material


Americold Announces Appointment of Tim Hinckley as Executive VP & CCO


Editorial Changes at Seafood News Announced With Susan Chambers Named Associate Editor


VIDEO: Farmed Salmon Prices in Seasonal Decline  


Canadian Gov’t Says NL Plant Workers Will get Extra 5 Weeks of Employment Insurance Benefit


California Budget Bill Lowers Landing Fees From State Proposal  


Seafood.com News Summary Tuesday June 20, 2017


Mon. Jun 19 2017

MSC Could be Kiss of Death for West Coast Groundfish   (0)


Flood of Sick and Weak Shrimp Depresses Market Prices in China during first part of June  


Battle Over Snow Crab by Russian Oligarchs Leads to Record Bidding in Quota Auction  


Port Moller Test Boat Out for Today, Bristol Bay Pre-Season Measurement Program in 50th Year  


New Shrimp Prices to be Set in Newfoundland, With Uncertainty Whether Market Will Accept Increase  


Antibiotic Usage Among Chilean Fish Farms Down 30% in 2016  


Acme Smoked Fish Adds Sashimi Style Smoked Salmon to Blue Hill Bay Brand  


Australia's Southern Rock Lobster Stocks Showing Resistance to Climate Change  


Seafood.com News Summary Monday June 19, 2017


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Iceland Fishing Crews Vote Overwhelmingly to Strike Nov. 10th if no Agreement Reached 

Several contentious issues in the structure of the Icelandic fishing industry are coming to a head, with the fishermen's unions overwhelmingly voting for a nationwide strike on November 10th. There are two primary issues that are sparking the possible strike. First, the crews are dissatisfied by the gap between the auction prices and prices paid by the vertically integrated companies that do not go through the auction. A second, and possibly bigger issue, is a tax that vessel owners are charging crew members of new vessels. Should the strike take place November 10th, it would significantly disrupt fresh cod markets in the US and the UK. The longer term consequences would depend on how long the strike goes on.

According to buyers in Japan, red snow crab has been staying in a high price zone in continuation from last year. This means Japanese buyers looking towards other species outside of Alaska snow crab are not going to find price relief from that item. Japanese fishing sources said the main cause of the higher red snow crab prices because of the decline in Japan’s imports from Russia.

In other news, East Coast shellfish harvesters from Maine to Rhode Island are in the midst of an unprecedented wave of harvesting closures this fall because of high levels of toxins in the waters. The problem has been two-fold since the start of October. Issues started in Maine when officials confirmed the first ever outbreak of domoic acid in East Coast waters and shut down shellfish harvesting. The domoic acid outbreak spread to shellfish harvesting areas in Massachusetts and Rhode Island, prompting similar closures. Meanwhile, in Massachusetts, raw oyster consumption was linked to sickening 75 people with Norovirus. This prompted state health authorities to close oyster harvesting in Wellfleet and take raw oysters off the town's annual OysterFest menu last weekend.

Meanwhile, Alaska's crabbers are hoping to get high prices for their harvests this season in order to offset sharp cuts to the quota. Due to the lower quota, crabbers will have trouble making the fishery fiscally solvent. Even with a big spike in prices, the ex-vessel prices paid to crabbers won’t likely make up for the quota declines. Alaska's red king and snow crab seasons started on October 15 and early harvest reports say the crabs look good and heavy with pots full.

Finally, the Vietnam Australia Seafood Company, known as Viet-UC,is now the world's largest shrimp seedstock producer and has plans to increase Vietnam's overall aquaculture output. The Vietnamese and Australian company has successfully built a shrimp seedstock hatchery and feed producing operation and wants to expand its shrimp production venture and farm more seafood species like catfish.

We've posted a new episode of our Seafood News podcast show, which recaps some of our tops from late last week and earlier this week. We also recap some seafood import data and FDA refusal figures. Download or stream our podcast content to your iPhone or Andriod device using iTunesGoogle Play or SoundCloud

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