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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NMFS's Budget Spared in Trump Administration's Proposal to Slash Commerce Department Funding 16%

The Trump Administration's proposal to cut the Department of Commerce's budget by 16 percent does not specify the extent of cuts to NOAA's satellite programs but it appears to include only minor reductions to NMFS. It has been reported that the budget proposal would eliminate $250 million in coastal research programs including $73 million for Sea Grant programs.

One of the issues flagged in the dismal assessment of Newfoundland snow crab stocks this year was increased predation on snow crabs. One source of the increased predation is thought to be cod, which are eating more snow crab as capelin, their primary food, has not recovered sufficiently to support current cod populations. Another source of predation is seals. Recently Baie Verde native Danny Dicks harvested a bearded seal that had 181 female and 2 male snow crab in its stomach. The seal weighed between 200 and 300 pounds.

In other news, a Minnesota state lawmaker proposed a bill to provide short-term tax incentives for entrepreneurs who want to jump into the shrimp farming business in the state. The bill proposed by Rep. Chris Swedzinski was positively received by the state's House Agriculture Policy Committee. “We’re looking to build a whole new industry of agriculture in Minnesota, one that uses local commodities and creates very good jobs,” Rep. Swedzinski said.

Meanwhile, about 27 million adult salmon returned to Alaska’s 28 hatcheries last summer dotted throughout Prince William Sound, Southeast and Kodiak. That was less than half of the forecast and the lowest return since 1992. From that, the hatchery catch plummeted to 24 million salmon, or just 22 percent of the statewide harvest, again the lowest since 1992. The dockside value of the hatchery fish at $85 million was the lowest since 2005.

Finally, we publish a video by the National Fisheries Institute that features an interview with attorney Katherine Alveraz, who is the general counsel for Alfa Gamma Seafood Group in Miami and Derek Figueroa, COO of Seattle Fish Company in Denver who discuss the potential impact of the Trump Administration's proposed border tax on the seafood market in the US. The border adjustment tax would tax imports and exempt exports as part of a plan to encourage companies to locate or keep jobs and production in the U.S. Alvarez and Figueroa emphasize that a majority of the wild caught and farmed seafood Americans eat—at least 85 percent—is imported. This means the tax could increase the cost of seafood for consumers in the US market. This could result in a decline in seafood sales and actually in job losses, not job creation, across the country.

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