ANALYSIS: Exchange Rate Relief Cushions US Shrimp Farmgate Costs Despite Tariff Pressures

Farmgate shrimp prices adjusted for yield and exchange rates present a more stable picture than replacement cost headlines suggest, but the story shifts dramatically once tariffs enter the equation. While origin-level costs in India track near mid-2022 levels even with current tariffs included, US importers face significantly compressed margins as replacement costs squeeze profitability across product forms...

ANALYSIS: Downward Pressure on Norwegian Atlantic Salmon Prices Through Week 15

The Norwegian Atlantic farm salmon price reached its highest point in week 11 (March 16) of 2026 to date and has since been moving downward. According to market participants, the demand remained irregular and somewhat fair. More recently, week 15 (April 13) closed with a weak market undertone, following the pattern seen in previous weeks. On the supply side, market participants reported that supplies were fully adequate to meet current lackluster buying interest, contributing to further downward pressure on Norwegian prices...

Northern Cod Enters MSC Sustainability Assessment After Decades-Long Recovery

Newfoundland's Northern cod stock has officially entered the Marine Stewardship Council (MSC) assessment process for sustainability certification, marking a significant milestone for the fishery that collapsed in the 1990s and led to the MSC's creation.

The announcement came during the Northern Cod Fishery Improvement Project's update at the Global Seafood Expo in Barcelona on April 20, building on positive momentum from recent stock assessments showing the fishery's remarkable recovery.

Earlier this month, Fisheries and Oceans Canada confirmed the stock had grown...

Circana Forecasts 3% Foodservice Growth Across US and Europe in 2026

Circana projects US and European foodservice spend will grow 3% in 2026, as evolving consumer behaviors reshape demand across channels, dayparts and formats.

Speaking at Alimentaria, VP Foodservice Europe Edurne Uranga noted that while the two regions share common trends, they differ structurally. “The reality is more nuanced. The two markets share common dynamics, particularly the blurring of channels as new touchpoints emerge to capture immediate consumption occasions, but diverge in important structural ways.”

In the US, convenience stores are driving disruption...

7-Eleven Recalls Sandwiches Across Western Canada Over Listeria Concerns

7-Eleven has recalled various sandwich products across Western Canada due to potential Listeria monocytogenes contamination, according to a food recall warning posted by the Canadian Food Inspection Agency (CFIA) on April 14.

The recall affects sandwiches sold in Alberta, British Columbia, and Saskatchewan provinces and was triggered by 7-Eleven Canada. No illnesses linked to the recalled products have been reported as of publication.

The CFIA is conducting a food safety investigation that may lead to additional recalls and is verifying that the recalled products have been removed from...

FDA Issues Warning Letter to Ocean Group Over Multi-Facility Listeria Contamination

The US Food and Drug Administration (FDA) issued a warning letter on March 3 to Los Angeles-based Ocean Group Inc. following inspections at four seafood processing facilities that revealed widespread Listeria monocytogenes contamination and serious sanitation violations.

The agency found the same strain of L. monocytogenes across Ocean Group's Los Angeles, Las Vegas, and Dallas facilities between May and September 2025, with whole genome sequencing linking the pathogen to clinical isolates from ill people dating back to 2017. The contamination represents a "resident pathogen...

Sam’s Club Launches Enhanced Express Delivery, Fueling Continued eCommerce Growth 

Sam’s Club, a leading membership retail club, has launched an enhanced tier to its popular Express delivery, enabling members to go from checkout to doorstep delivery on thousands of in-club items in as little as an hour—often faster—with no minimum purchase and at the same price as in the club.

“Members love our three hours or less Express delivery, but they told us they wanted an even faster option—so, we delivered,” said Greg Pulsifer, Senior Vice President, eCommerce at Sam’s...

ANALYSIS: EU‑UK Shrimp Imports Fall 26% in February

According to European Commission data, February shrimp imports in the EU‑UK region fell sharply following a seasonal decline that began in December. The EU and UK traded 44,133 metric tonnes of warm‑ and cold‑water shrimp in February, a 26.1% drop from January and 4.8% year‑on‑year.

The decline reflects weaker demand at the start of the year, following large shrimp orders in Q4 across all UK and EU markets. Many importers also reported remaining local inventories that slowed the Q1 refill process...

Congress Examines China's IUU Fishing Impact on US Seafood Markets

Rep. Chris Smith (R-NJ) co-chaired a Congressional-Executive Commission on China hearing on April 16 examining how China's illegal, unreported and unregulated fishing practices harm American fishermen and enable forced labor in global seafood supply chains.

The hearing, titled "Dark Nets, Illicit Labor—Confronting China's IUU Fishing and Seafood Supply Chain," featured testimony from Ian Urbina of the Outlaw Ocean Project, who detailed how Chinese distant-water fleets use forced labor and illegal fishing methods to create unfair competition for US fishermen...

The Retail Rundown: Retailers Balance Premium Cuts and Value Picks Ahead of Mother’s Day

Early signs of grilling season are emerging, with retailers striking a balance between premium beef offerings and value-focused pork and chicken to draw in shoppers. At the same time, they’re preparing to compete for share during one of the year’s biggest foodservice-driven occasions: Mother’s Day.

Mother’s Day, falling on May 10 this year, is a holiday typically dominated by restaurants, with 63% of consumers planning a special outing and total spending projected to hit a record $38 billion, according to the National Retail...

For 2026 Norway is Turning its Marketing Focus Away From the US to China. Here’s Why.

At their annual meeting last January, the Norwegian Seafood Council (NSC) announced a shift in their marketing focus away from the United States and towards China, supported by a new Trends Report.  

The next few months' export data illustrated the new policy. NSC released their report, “The Year of China” recently with detailed demographics and trends that support the new policy. 

The report notes that China’s four tier-one cities — Beijing, Guangzhou, Shanghai and Shenzhen — each with populations in excess of 18 million people...

Private Label Reaches New Milestone Across Europe’s Biggest Grocery Markets

Circana reports private label has reached a new milestone in Europe, hitting a 50% unit share across France, Germany, Italy, the Netherlands, Spain and the UK for the first time. The gain reflects sustained pressure from higher living costs, with store brands steadily expanding share since 2021 by more than three percentage points.

Circana’s Senior Vice President of Strategic Growth Insights, Ananda Roy, said, "Supermarket private label brands have spent the last decade becoming powerful brands in their own right. Given that a normal shopping...

Andfjord Salmon Secures $42 Million in Funding, Reports Strong Biological Performance

Norwegian land-based salmon farmer Andfjord Salmon announced a strategic partnership with Eidsfjord Sjøfarm and is raising a minimum NOK 300 million through a private placement at NOK 27.50 per share, with Eidsfjord committing an additional NOK 100 million investment.

The partnership includes substantial post-smolt deliveries from Andfjord to Eidsfjord in 2026 and 2027, with approximately 1 million planned for 2026 alone. The agreement also secures Andfjord's smolt sourcing and processing capacity through Holmøy Havbruk.

Andfjord reported excellent biological and operational metrics... 

Online Grocery Set to Drive Majority of US Grocery Growth Through 2028

Online grocery shopping has firmly entered the mainstream, according to a new report from FMI – The Food Industry Association and NielsenIQ, which positions e-commerce as a primary driver of future grocery growth.

"Ecommerce is poised for extensive growth," said Jack O’Leary, director of ecommerce strategic insights for NIQ. "With online grocery sales increasing at a projected 11.6% annual rate through 2028 and already accounting for about one-fifth of total grocery spending, success now hinges on how well retailers connect digital and physical...

Red Lobster Revives Endless Shrimp Promotion

Red Lobster officially announced Monday the return of its Endless Shrimp promotion, bringing back the offer that contributed to the chain's 2024 bankruptcy filing.

The limited-time promotion returns as part of the brand's renewed focus on customer feedback, according to CEO Damola Adamolekun.

"Endless Shrimp has been a part of Red Lobster's legacy for 20 years and our guests have never stopped asking for it," Adamolekun said. "We're excited to bring it back, for a limited time, in a way that works for our business today and honors what made it special...

Salmar Founder's Firm Takes 8.7% Måsøval Stake Ahead of Potential Sale

The Witzøe family has acquired an 8.7% stake in Norwegian salmon farmer Måsøval for NOK 374 million, purchasing the shareholding from Odin Fondene through its Kverva investment firm, according to Norwegian financial newspaper Dagens Næringsliv.

The move makes Kverva the second-largest shareholder in Måsøval, behind the founding family's 70% controlling interest, and has fueled analyst speculation that Gustav Witzøe-controlled Salmar may be positioning for a full acquisition of its regional competitor.

"Many are probably interested in the company...

Mowi Reports Record Q1 Harvest of 136,000 Tonnes, Beats Guidance by 6%

Norwegian salmon giant Mowi posted record first-quarter harvest volumes of 136,000 tonnes gutted weight, representing 26% growth from 108,000 tonnes in Q1 2025 and exceeding the company's guidance of 128,000 tonnes.

The harvest beat Bloomberg consensus expectations of 128,118 tonnes, marking Mowi's strongest Q1 performance on record.

Norway led regional production with 75,500 tonnes, followed by Chile at 21,000 tonnes and Scotland at 20,500 tonnes. Canada contributed 8,000 tonnes, while Ireland, the Faroe Islands and Iceland (Arctic Fish) added 2,000, 3,000 and 6,000 tonnes respectively...