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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Farmed Salmon Prices Enter Summer Season Decline

Farmed salmon prices have been in decline since Memorial Day weekend with traders reporting quiet demand in the market with inventories well supplied. This is a typical time of the year to see farmed salmon prices come down. Salmon starts to compete with other, more grill friendly protein options at the retail level. Buyers also begin to source wild-caught salmon from Alaska as those supplies come become readily available. The seasonal decline is not as pronounced in 2017 as it’s been in past years and these prices are still at record levels.

Amazon announced a deal to buy Whole Foods Market for about $13.7 billion. The grocer will continue to operate stores under the Whole Foods Market brand, the companies said. John Mackey will continue as chief executive of Whole Foods, and the company's headquarters will remain in Austin, Texas. Amazon and Whole Foods expect to close the deal during the second half of 2017.

The first interpretive report issued from the Port Moeller Test fishery, released yesterday, suggests that the forecast 41 million sockeye run for the Bay is on track. It is too early at this stage to release stock composition or run size estimates, but early indications are that the current surge of fish is destined for Egegik, the river system with the highest volume forecast for this year. The report shows that the 2017 run timing is earlier than years when the run has been late, and is later than years when the run has been early. This suggests a run timing right around the long term average.

In other news the Alaska House passed a modified operating budget that tilts toward House priorities along with an expanded Permanent Fund dividend on Thursday evening. This budget now goes to the Senate for approval. If the Senate turns down the spending plan, lawmakers would have to open a second special session to pass an operating budget and avert a government shutdown July 1.

Finally, Indian seafood exports are expected to grow 20 percent this year from higher shrimp sales to the US market. "With exports to US setting new records and the markets' rising appetite, the industry is confident of a strong growth for the Indian shrimps. By our current estimates, it would be a surprise if Indian exports don't bring in growth in excess of 20 per cent y-o-y (year on year)," said Rahul Kulkarni, director, WestCoast Group, a leading seafood exporter from India.

Have a great weekend. 

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