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May 16 - Maine Senator Again Calls for Removal of North Atlantic Right Whale Rules for Lobster Industry


May 12 - The Winding Glass: Is the Crab Market a Bellwether or a Blip?


May 3 - Maine’s Harvest Value Hits All-Time High in 2021


May 3 - DFO Understanding Allows Potlotek First Nation Members To Fish in Pursuit of Moderate Livelihood


May 2 - First NL Lobster Prices For The Year Announced


May 2 - Missing Nova Scotia Lobsterman Found Dead in Sissiboo River


Apr 13 - Standing Fish Price Setting Panel Makes Lobster Price Decision for 2022 Season


Apr 12 - What Seafood Items Are Part of the EU’s Fifth Round of Sanctions Against Russia?


Apr 5 - Massachusetts DMF Releases Ropeless Gear Feasibility Report


Apr 4 - Australia, India Land Trade Deal; PM Says 'Great News for Lobster Fishers'


Apr 4 - ASMFC Lobster Board Approves Electronic Tracking for Lobster, Jonah Crab Vessels


Mar 9 - New Bill Aims to Create Grant Program for Lobster Industry to Purchase Right Whale-Compliant Gear


Feb 24 - ASMFC American Lobster Board Postpones Decision on Lobster, Jonah Crab Tracking Requirements


Feb 21 - PODCAST: USDA Funding for Seafood Processors; Snow Crab Market Update; and More


Feb 17 - Maine Senator Wants USTR To Hold China Accountable on Lobster Trade


Feb 17 - Bill Proposing $30 Million Fund for Lobster Industry Hit By New Right Whale Rules Moves Forward


Feb 4 - VIDEO: Maruha Nichiro’s Acquisition; Red King Crab Update; Maine Lobstermen; Restaurant Sales


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Maine Senator Again Calls for Removal of North Atlantic Right Whale Rules for Lobster Industry

Maine Senator Susan Collins once again shared her opposition to the Atlantic Large Whale Take Reduction Plan (ALWTRP) and regulations that have been put in place on the state’s lobster industry which aim to protect the endangered whale species.

Collins shared her thoughts during a Q&A with Commerce Secretary Gina Raimondo at a recent Senate Appropriations hearing. Collins previously called for a delay to the rule implementation which includes new gear requirements which went into effect on May 1...

 

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The Winding Glass: Is the Crab Market a Bellwether or a Blip?

In the U.S., snow crab outperformed every other seafood product during the pandemic. Yet today, the snow crab market is crashing at the fastest pace since the spring of 1995. That year, between May 1995 and May 1996, the price fell 46%.

This year, Urner Barry quotations from last summer until this May are down 33%, and the bottom has not been set. This is already the largest percentage decline in price since 1995. Since February the market has been going down around 50 cents per week...

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DFO Understanding Allows Potlotek First Nation Members To Fish in Pursuit of Moderate Livelihood

After a successful moderate livelihood fishery last year, Potlotek First Nation members will once again be allowed to fish for lobster and sell their catch under the Potlotek’s Netukulimk Livelihood Fisheries Plan and DFO-issued authorization.

“The interim understanding reached with Potlotek First Nation last year was the first of its kind,” said Minister Joyce Murray. “This understanding saw members of the community fishing in pursuit of a moderate livelihood under a community-developed plan and DFO authorization...

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Missing Nova Scotia Lobsterman Found Dead in Sissiboo River

The Royal Canadian Mounted Police (RCMP) confirmed on Saturday that lobsterman Graham Cromwell, 48, has been found dead. 

Graham went missing Wednesday night after inspectors with the Fisheries Department attempted to carry out an inspection on four men who were fishing near Weymouth Falls. Three of the men were located and claimed to be participating in rights-based fishing. However, officials said that there was “no evidence” to support that. Cromwell was last seen jumping into the Sissiboo River by the Fisheries Department inspectors...

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What Seafood Items Are Part of the EU’s Fifth Round of Sanctions Against Russia?

Last week SeafoodNews reported that the European Commission proposed additional sanctions against Russia. Ursula von der Leyen, the President of the European Commission, said that they would be increasing pressure on Russia in an attempt to “cut even deeper into the Russian economy.”

The fifth package, which was officially adopted at the end of last week, includes a ban on certain seafood imports from Russia. Now, we know exactly what seafood items are part of that ban.

The Official Journal of the European Union...

 

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Australia, India Land Trade Deal; PM Says 'Great News for Lobster Fishers'

Australia and India have announced a free trade agreement, the deal is reportedly worth AU$24 billion (US$18 billion) and will see the elimination of tariffs on over 85% of exports to India, both countries announced in a virtual ceremony on April 2.

The deal was described as 11-years in the making by the Australian Associated Press as talks were ramped up following tensions with China. The Indian market is massive and could provide a key region for Australian seafood companies...

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New Bill Aims to Create Grant Program for Lobster Industry to Purchase Right Whale-Compliant Gear

A bill introduced by U.S. Senators Jeanne Shaheen (D-NH) and Susan Collins (R-ME) would create a grant program for lobstermen to purchase gear that will comply with recent federal rule changes aimed at protecting North Atlantic right whales.

The Stewarding Atlantic Fisheries Ecosystems by Supporting Economic Assistance and Sustainability (SAFE SEAS) Act of 2022 will take some of the financial burden off lobstermen and women as they transition to new gear and fishing regulations by authorizing assistance for 2022 through 2024...

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PODCAST: USDA Funding for Seafood Processors; Snow Crab Market Update; and More

This week on the SeafoodNews Podcast co-hosts Amanda Buckle and Lorin Castiglione break down the USDA funding for seafood processors. Plus, get the latest news on Copper River sockeye, the snow crab market, Maine lobster landing value and more!

This episode of the SeafoodNews Podcast is brought to you by Urner Barry, the trusted source for benchmark pricing in the food and agriculture industry for over 160 years. The company has successfully completed an independent review of its price reporting methodology...

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Bill Proposing $30 Million Fund for Lobster Industry Hit By New Right Whale Rules Moves Forward

The Maine Legislature’s Marine Resources Committee pushed forward a bill on February 15 that looks to create a $30 million fund to help lobstermen impacted by federal regulations aimed to protect North Atlantic right whales.

Maine House Rep. Holly Stover, D-Boothbay, said LD 1898, An Act To Address the Economic Impact of Federal Closures on Maines Fixed Gear Fishing Industry, would establish a fund to provide financial assistance to lobster fishermen who have been impacted by the closure...

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Maine’s Harvest Value Hits All-Time High in 2021

The Maine Department of Marine Resources (DMR) cited a historic lobster and bounce-back elver fishery behind the all-time high commercially harvested marine resources value mark the state hit in 2021.

In total, the value of Maine’s commercial catch reached $890,668,873, per the DMR. The value earned by harvesters jumped by $365 million and exceeded the previous overall record of $733,691,455, set in 2016, by $150 million.

“The hard work of Maine fishermen, aquaculturists and dealers once again resulted in tremendous economic benefit for our...

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First NL Lobster Prices For The Year Announced

The first lobster prices for the year out of Newfoundland and Labrador are here. According to FFAW Unifor, the effective date listed is April 17-23. The average market price USD is $10.50 with an exchange rate of 1.264135. The average market price CDN is listed at $13.27 and the minimum shore price per pound is listed at $9.77.

While a high start, it doesn't beat out the initial 2021 price of $9.96. Urner Barry market reporter and COO Jim Jenny compiled data from...

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Standing Fish Price Setting Panel Makes Lobster Price Decision for 2022 Season

Last week negotiations were held for lobster prices for the 2022 season. No deal was reached, resulting in FFAW-Unifor and the Association of Seafood Producers (ASP) presenting their positions to the Standing Fish Price Setting Panel. 

On Wednesday morning the Standing Fish price Setting Panel announced their decision, siding with FFAW’s position of full Urner Barry formula. ASP had presented a position of Urner Barry minus 15 cents, which FFAW said “reverts the formula back to where...

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Massachusetts DMF Releases Ropeless Gear Feasibility Report

The Massachusetts Division of Marine Fisheries (DMF) has wrapped up the first phase of a two-year project to characterize the issues and challenges that may come to light with the integration of ropeless fishing gear into New England lobster fisheries.

Ropeless or On-demand gear will replace traditional vertical buoy lines with an eye toward protecting endangered North Atlantic right whales and will feature new gear retrieval and marking methods.

The first phase of the DMF’s project, funded by the National Fish and Wildlife Foundation in partnership with the National Oceanic and...

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ASMFC Lobster Board Approves Electronic Tracking for Lobster, Jonah Crab Vessels

It’s official. The Atlantic States Marine Fisheries Commission (ASMFC) has approved an Addendum that will establish electronic tracking requirements for federally permitted vessels in the American lobster and Jonah crab fisheries.

The ASMFC’s American Lobster Management Board approved Addendum XXIX to Amendment 3 to the Interstate Fishery Management Plan (FMP) for American Lobster and Addendum IV to the Jonah Crab FMP. Back in February, the Lobster Board delayed its decision on the Addenda, citing a handful of concerns.

The goal of the new electronic tracking requirements is to...

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ASMFC American Lobster Board Postpones Decision on Lobster, Jonah Crab Tracking Requirements

The Atlantic States Marine Fisheries Commission (ASMFC)’s American Lobster Management Board has postponed a decision on its Draft Addendum XXIX to Amendment 3 to the Interstate Fishery Management Plan (FMP) for American Lobster and Draft Addendum IV until its next meeting, set to take place before the ASMFC spring meeting.

Back in December, the ASMFC released the Addendum for public comment. The Addendum considers the implementation of electronic tracking requirements for federally permitted vessels in the American lobster and Jonah crab fisheries...

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Maine Senator Wants USTR To Hold China Accountable on Lobster Trade

After the Office of the United States Trade Representative (USTR) said it will take a different approach to harm caused by China’s trade practices, Maine Senator Susan Collins (R) pushed U.S. Trade Representative (USTR) Katherine Tai, to hold China accountable for its lobster purchases.

“China agreed to purchase at least $227.9 billion of U.S. exports in 2020 and $274.5 billion in 2021, for a total of $502.4 billion over those two years,” Senator Collins wrote.  “However...

 

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VIDEO: Maruha Nichiro’s Acquisition; Red King Crab Update; Maine Lobstermen; Restaurant Sales

Join SeafoodNews Weekly Video co-hosts Amanda Buckle and Lorin Castiglione as they talk about the biggest news stories from the week, including Maruha Nichiro's latest acquisition and the National Restaurant Association's sales figures forecast for 2022. Plus, find out what's going on in the red king crab market and more!

This episode of the SeafoodNews Weekly Video is brought to you by the winter 2022 issue of Urner Barry’s Reporter magazine. The new issue is filled with can’t miss content regarding rising prices...

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