Tue. May 22 2018

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


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


Fri. May 18 2018

Captain D's Triples Loyalty Program Registration with "Text-To-Join" Enrollment Feature


Coastal Villages Delivers Record-Breaking 100,000 Gallons of Heating Oil in 2018


ASMI Celebrates Wild Alaska Salmon Season with Summer Grilling Push  


Pescanova 5th Largest High Consumption Brand With Greatest Penetration in Spain


SmartCatch Wins Rabobank FoodBytes! Award for Sustainable Technology


Copper River Opens to Slow Catches, Record Prices  


High Crawfish Prices in China Have Consumers Complaining About Costs, Restaurants About Margin


Wild Alaska Salmon Season Starts With Alaska Air Cargo Delivering More Than 64,000 Lbs. to Seattle  


WDFW Denies Permit for Cooke Aquaculture to Transport Juvenile Atlantic Salmon Through Puget Sound


VIDEO: Right Whale Sighting; Canned Tuna Price Fixing; Royal Wedding Salmon and More


SeafoodNews.com Summary Friday, May 18


Thu. May 17 2018

Chris Lischewski, CEO of Bumble Bee, 4th Individual Indicted for Price Fixing in Tuna Industry


Russia Says Volume of King Crab in Barents Sea May Equal Far East in a Few Years; Cod Catches Drop  


Copper River Fleet and Processors Partner with ADF&G to Buy ARIS Sonar Counter


Bristol Bay Sockeye Fishery Trending Upward on Quality and Value


NOAA's Says 91% of Stocks Not Subject to Overfishing, Did Record Number of Assessments in 2017


Cousins Maine Lobster Opening First Brick and Mortar Franchise Location in Tennessee  


NOAA Warns Fishermen Not to Shoot Seals or Sea Lions


Pacific Marine Expo Gets Sidelined by Seattle Seahawks Football Game


NOAA Announcing Findings From 2017 Status of U.S. Fisheries Report Thursday Afternoon


EU's Ocean Plastics Lab Coming to Washington National Mall


Leigh Habegger Joins Seafood Harvesters of America as Their New Executive Director


Land Based Fish Farm Being Built in South Africa  


SeafoodNews.com Summary Thursday, May 17


Wed. May 16 2018

Oregon District Court Judge Throws Out Last Anti-Trust Lawsuit Against Pacific Seafoods


China Submerges First Salmon Cage Off Qingdao; Industry Hopes it Will Help with Salmon Shortage  


ADF&G Budget Increase of $1 Million Survives Legislative Process


Negotiations Underway for Renewal of Pacific Salmon Treaty Amidst Pressure of Declining Stocks


Bristol Bay Salmon Fishermen Set Record for Chilling Their Fish  


Red Lobster Expands Sustainability Efforts with Monterey Bay Aquarium Seafood Watch Program Partners


Companies and Chains Cash in on Prince Harry and Meghan Markle's Royal Wedding  


Amazon Opening 2 More ‘Amazon Go’ Convenience Stores


Sysco Highlights Their Return to National Restaurant Association Show


Save the Date: Pacific Marine Expo Will Be November 18- 20, 2018 in Seattle


SeafoodNews.com Summary Wednesday, May 16


ANALYSIS: Surge of Canadian Halibut Pushing Prices Down to Five Year Low  


Tue. May 15 2018

SeafoodNews.com Summary Tuesday, May 15


ANALYSIS: US Shrimp Market Weakening to Lowest Prices of the Post EMS Era  


Industry Veteran Kenneth Loud Joins Northern Wind as VP of New Product Development


Legal Sea Foods Bringing Sauces, Marinades Nationwide Thanks to Agreement with Stonewall Kitchen


Pacific Whiting Fishery Opens Today to Same Harvest Levels as in 2017  


New Bedford Fishing Vessel Collides With Loaded Tankship; Coast Guard Investigating


Alaska Fishing Families are Affected by Management Changes


U.S. Seafood Industry Urges USTR to Avoid Trade War With China


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High Global Demand for Argentine Red Shrimp Pinched Supplies, Raised Prices in 2016

High demand for Argentine red shrimp in global markets last year pinched available inventories for buyers compared to the previous year and raised the cost to replace product in the US market in 2016. Traders say global interest from the US, EU, Japan and Chinese markets for Argentina’s red shrimp last year wiped out carryover inventories from the previous year. Usually, these frozen inventories are able to fill orders between fishing seasons. Another wrinkle in production was delayed production from the inshore fishing season, which usually starts in October and runs through March. But indications are that Argentina’s inshore fishing in January and February in 2017 was a bit better compared to last year. So while there is ample evidence that 2016 was a banner year for Argentine red shrimp demand and sales in global markets; close attention will be paid to production levels going forward to see if the pace set last year can be repeated in 2017.

The EU is investigating if shrimp from India is being transshipped through Vietnam to avoid high duty rates. German Customs officials are leading the investigation after a surge of unprocessed shrimp to Vietnam from India was reported. If Vietnam is found to use India-sourced shrimp for processing and export to the EU, the bloc will raise import tariff for Vietnamese shrimp. Currently, EU duties on Vietnamese shrimp are far lower compared to duties on Indian shipments to the EU market.

In other news, the Food and Drug Administration (FDA) is refocusing its efforts to detect listeria at seafood processing, importing and distribution facilities in the US and is using Whole Genome Sequencing (WGS) technology to do so. The FDA issued a seafood warning letter to a smoked salmon producer at the end of the February that used the technology to detect listeria at its facility. “WGS is going to be an important tool moving forward in FDAs efforts to isolate and study pathogenic bacteria and consequent outbreaks. WGS refines the process of tying facilities to contaminated products and outbreaks. The FDA has refocused its attention on RTE processors, as listeria has continued to pose a serious public safety concern," said seafood facility auditor Scott Zimmerman, who is also the founder and CEO of Safe Quality Seafood Associates in Miami.

Meanwhile, Clearwater Seafoods says its clam production is 50 percent since it invested $135 million to build two new clam trawlers. The company’s inventories of clams, which account for about 15 percent of Clearwater's total revenues, grew by about $23.9 million last year, far in excess of the company’s usual level of $15 million worth of this product in inventory. “The Belle Carnell has excellent results on our fishing grounds and resulted in a 50-per-cent increase in our total clams,” Ian Smith, Clearwater Seafoods’ CEO.

Finally, SeaWatch International and some affiliates, filed a lawsuit to end laws that restrict non-New York fishing boats, and those more than 70 feet long, from New York's surf clam fishery. The suit also seeks to nullify the expiration of a 2012 law that allowed surf-clam interests to harvest the quota of more than one permit on a single boat.

Have a great weekend.

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