Fri. May 25 2018

New Study Projects Habitat Shifts for 686 Fish Species in the Warming 21st Century


Large Quantities of Sick Shrimp Flood Chinese Markets; Prices Drop in South, East China  


ANALYSIS: Shrimp Margin Contracts Due to Oversupply and Low Prices in U.S. Wholesale Market  


ANALYSIS: NL Live Lobster Prices 14% Lower Than Last Year  


U.S., Canada Begin Columbia River Treaty Negotiations  


Russian Fishery Company Plans New Fish Processor 'Russian Pollock' in the Far East  


SeafoodNews.com Summary Friday, May 25


Thu. May 24 2018

ANALYSIS: Tight Year for Snow Crab Supply; Exports Out Strip Imports in March 2018  


Qingdao Tariff Reduction on Russian King Crab Has Resulted in Higher Demand in China  


New Stock Assessment for Pacific Bluefin Tuna Still Dire


Treaty Politics Fuel Criticism at Sitka Salmon Meeting


New England Council Holds Hearings on Herring Rule Changes, Plenty of Input Offered


118 Organizations Call for More Stringent Tuna RFMO Rules


Nearly 200 NC Fishermen Travel to Raleigh for Second Annual Seafood Lobby Day


SeafoodNews.com Summary Thursday, May 24


Wed. May 23 2018

Thai Union Gets Good Marks from Greenpeace, Both Call for More Companies to 'Step Up'


ENGO Study: ESA-listed Marine Mammals, Sea Turtles Are Recovering


Alaska Sea Grant Helps Southern Catfish Processors Improve Efficiency


New Zealand's Sanford Limited Reports Strong First Half Result, International Markets a Highlight  


SeafoodNews.com Summary Wednesday, May 23


Tue. May 22 2018

Chicken Of The Sea International Resolves Antitrust Lawsuit With Walmart


Long John Silver’s Acquires 76 Franchised Restaurants


Seafood News Podcast: Tilapia Market Update; Sea Lion Warning; Alaska Salmon Season; and More


SeafoodNews.com Summary Tuesday, May 22


Mon. May 21 2018

ANALYSIS: Shrimp Replacement Cost From Indonesia Lower Than India    


Qingdao Plans Construction of 3 More Fisheries Economic Zones, Improving Local Access to  


SeafoodNews.com Summary Monday, May 21


Copper River Sockeye Harvest Below Forecast For Opener, But Kings Look Good


IFFO RS Paves Way for Certification Standard Improvements with MEL Report


Basa Industry Growth Forces Vietnam to Work Through Market, Environmental Challenges  


ANALYSIS: Shrimp Replacement Cost From Indonesia Lower Than India


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How Alaskans Forced Snow Crab Prices Above $8.00; This Price Likely to Carry Through to Boston

Reports from Japan say “Bering Sea Opilio Prices are escalating wildly above $8.00” due to the production cutback in Alaska. As a result, wholesale snow crab prices in Japan have smashed all records, and are up about 50 percent over last year. Traders think the $8.00 per pound prices will also be on offer at the Boston Seafood Show. However, they hold out hope for an early opening of the Canadian Gulf season, especially if ice conditions are not severe this year. As far as snow crab buyers go, all eyes are on the opening of the Gulf and Newfoundland seasons writes John Sackton.

Marine Harvest doubled its earnings in 2016 as the operator benefitted from strong global demand for limited inventories of high-priced salmon. “2016 was a great year for Marine Harvest, with both record earnings and cash flow generation. I am very proud of the work all our colleagues have put in to achieve these results,” said Marine Harvest CEO Alf-Helge Aarskog.  The world’s top salmon producer also announced plans to expand its market share in North America with a new processing facility and farming sites in Canada. 

In other news, tilapia processing plants have started back to work after the Chinese New Year. But output is still low. The market situation in 2016 has taken a toll on farmers feeding and stocking of tilapia, which has meant stable prices amid small supplies. Meanwhile, white shrimp production in sheds, or roof covered ponds, exceeded expectations in South China, with the result that for the first time in several years there was no major price increase on shrimp during the New Year festival.

Iceland’s Ministry of Fisheries raised its commercial capelin quota to 299,000 metric tons, which is a sharply higher quota compared to last year. Major Iceland fishing company HB Grandi is among the key capelin harvesting companies in the country and said the higher quota should benefit Japan's roe market. "There is strong demand for roe-bearing capelin on the Japanese market and as stocks are low, roe prices are high," said Garðar Svavarsson, head of HB Grandi's pelagics division.

Finally, the votes fell short for a second round of Southeast Alaska salmon seine permits to be retired, or bought back, by a federal loan. The referendum failed by 26 votes among 315 eligible to participate

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