Thu. Jun 22 2017

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


Brits All At Sea on Old Fish Names


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


Fri. Jun 16 2017

Farmed Salmon Prices Enter Summer Season Decline  


First Port Moeller Report Suggests Bristol Bay Sockeye Run Timing Normal, Close to Forecasts  


Hokkaido Squid Processors Ask Japan to Increase Import Quota After Poor Harvests  


Omega Protein Enters Atlantic and Gulf Mendaden Fisheries into MSC Assessment Process  


Seafood.com News Summary Friday June 16, 2017


Thu. Jun 15 2017

Changes to Halibut Fishery in the Bering Sea Being Considered by North Pacific Council  


NMFS and Gulf States Agree to Extend Federal Red Snapper Fishing to September But Only on Weekends  


Opponents of Extended Federal Red Snapper Season Want to Know How Feds Will Prevent Overfishing  


NOAA Fisheries Appoints Dr. Cisco Werner as the New Director of Scientific Programs


Evonik and Royal DSM to Build $200 Million Algae-Based Omega-3 Production Facility in Nebraska


Seafood.com News Summary Thursday June 15, 2017


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AquaBounty to Produce GM Salmon in Indiana with $14 Million Purchase of Bell Fish Company's Assets

AquaBounty Technologies will soon be able to produce its genetically modified AquAdvantage salmon in the United States as the firm has struck a $14 million deal to buy some of the assets of Bell Fish Company in Albany Indiana. AquaBounty said the facility's first harvest could come as soon as the third quarter of 2019. Once fully operational, the facility will have an expected annual capacity of 1,200 metric tons. "This acquisition marks an important milestone and provides the Company with its first commercial-scale facility in the United States for growing eco-friendly AquAdvantage Salmon. This site will enable production of healthy Atlantic salmon, which will not require vaccines or antibiotics, in a sustainable and responsible manner close to domestic consumers,” said Ronald Stotish, Chief Executive Officer of AquaBounty.

The International Council for the Exploration of the Seas (ICES) has recommended that the Joint Russian-Norwegian Fisheries Commission cut the 2018 Barents Sea cod quota 20 percent from last year citing poor recruitment in the fishery. The Council’s recommendation would set the total cod quota at 712,000 metric tons. This represents a 183,000 metric ton reduction from last year’s quota. The Commission will take up ICES advice when it makes its quota determination this fall.

In other news, a price war is breaking out over ecommerce lobster sales in the Chinese Province of Ningbo. Online retailers are offering live North American lobsters at deeply discounted prices in order to compete for sales and market share in both the online retail space and from traditional grocers.

Meanwhile, citing 20 years of success with groups such as Conservation International, the MSC, and others, the Walton Family Foundation (WFF) outlined its $37 million, five-year strategy for building sustainable seafood markets. The initiative is part of the foundation’s ocean strategy that takes a systems approach—working on both the supply and demand side—to promote sustainability in five core countries: Indonesia, Peru, Chile, Mexico and the United States. "The Walton Family Foundation has probably had more impact on the seafood sustainability movement than some of the more well-known consumer facing advocates," writes John Sackton in an analysis of the plan. "They have leveraged a market-based strategy in which they paid NGO's to lobby and convince the retail supply chain to adopt seafood sustainability standards."

Finally, the value of Vietnam's seafood exports to global markets is up this year but the increase is not because of more sales to the US market. So far Vietnam's seafood exports are up 7.5 percent worldwide but sales to the US market are down nearly 13 percent. The US is traditionally the top market for Vietnam's seafood exports like pangasius and shrimp. However, higher duty rates and the implementation of the catfish inspection program under the USDA have forced Vietnam's exporters to seek other markets like China.

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