The Compression Phase: Alaska Reclaims Strength as Global Crab Markets Diverge

The global crab market is entering a more compressed and strategically uneven phase in 2026, where timing, access, and inventory positioning are becoming more important than production alone. Alaska has re-emerged as a major force in the premium frozen market following a third consecutive year of higher quotas, while Norway’s sharp reduction in king crab supply has materially tightened global availability of premium product. At the same time, Russia continues to consolidate its dominance in the live trade into Asia...

ANALYSIS: Norwegian Salmon Harvest Down YOY in March as Water Temperatures Rise

Norwegian Atlantic salmon harvest fell 4.6% year-over-year (YOY) in March 2026, according to the Norwegian Directorate of Fisheries. The harvest level through March was 6.0% higher year-to-date (YTD). However, a continued seasonal decrease in biomass has developed, with the volume of Atlantic salmon 3.5% lower YOY (Figure 1). This current trend of lower YOY harvest in March and downward biomass trends does not seem to be of significant note to market participants, as the availability of salmon during April was reported as adequate...

Fishing and Farm Groups Voice Concerns Over New USDA Seafood Office Direction

Two advocacy organizations representing small-scale food producers are raising red flags about the newly launched USDA Office of Seafood, warning that without proper safeguards, the office could serve corporate interests rather than fishing communities.

The North American Marine Alliance (NAMA) and National Family Farm Coalition (NFFC) released a joint statement welcoming the inclusion of fishing communities in USDA programs but expressing serious concerns about the office's potential direction. The groups worry the office could replicate what they see as USDA's historical pattern...

Expana's Weekly Top 10

Expana’s Weekly Top 10 this week highlights the crosscurrents shaping global food and beverage markets, from shifting trade policy and Middle East volatility to seasonal demand trends, corporate earnings and supply chain investment. The latest list spans key developments in meat exports, seafood, retail, foodservice, dairy and beverages, offering a quick look at the stories driving conversation across the industry. This list is in no particular order.

10. Australia has expanded meat export access to Indonesia, with five processing establishments newly approved to supply the market, including...

US Virgin Islands Seeks Federal Support for Aquaculture Development Through Farm Bill Amendment

Congresswoman Stacey E. Plaskett (D-VI) has secured language in the House version of the Farm Bill directing USDA to conduct a comprehensive study identifying suitable aquaculture sites in the US Virgin Islands, marking a potential breakthrough for the territory's blue economy ambitions.

The amendment requires the US Department of Agriculture to complete the study within 180 days of enactment, in collaboration with the Virgin Islands Department of Planning and Natural Resources. The assessment will evaluate water quality, coastal access, infrastructure needs, and applicable environmental and regulatory...

Conservation Groups Sue Trump Administration Over Northeast Canyons Monument Fishing Access

Three conservation groups and a naturalist filed a lawsuit on May 4 challenging the Trump administration's decision to reopen the Northeast Canyons and Seamounts Marine National Monument to commercial fishing.

The Conservation Law Foundation, Natural Resources Defense Council, Center for Biological Diversity, and naturalist Zack Klyver argue that allowing commercial fishing in the 4,900-square-mile monument off New England's coast would "inflict long-term damage to precious natural resources without meaningful economic benefits."

The plaintiffs contend Trump lacks legal authority to abolish or diminish national monuments established by...

North Pacific Fisheries Commission Addresses IUU, Bottom Fishing Among Regional Issues Last Month

Although the full report of the North Pacific Fisheries Commission (NPFC) has not been released from its April meeting, NOAA Fisheries has issued a press release about achievements there.  

Three primary topics addressed during their 10th NPFC annual meeting, which took place in Osaka, April 14-17, were IUU fishing, bottom trawls used in the Emperor Seamounts, and management of the commercial species in the Convention area. 

The United States does not have fishing vessels active under NPFC but shares objectives...

Mother’s Day Momentum Builds Across Foodservice

As May gets underway, the foodservice industry is turning its attention to the season’s next major occasion: Mother’s Day. At the same time, headlines are filling with first-quarter earnings, new menu launches and brand expansions. Below is a roundup of the latest stories shaping the foodservice sector in the last two weeks.

Mothers Day in focus

Pizza Hut is bringing back a fan favorite to drive traffic during lunch and dinner on the big day. Its heart-shaped pizzas are returning for a limited time, with advance online...

Middle East Conflict Drives Surimi Price Hikes for 93% of Japanese Kamaboko Makers

According to a survey released on April 7th by the Japan Kamaboko Association, when member surimi product manufacturers were asked about the impact of the Middle East conflict on raw material procurement, 42 out of 45 companies (93%) responded that they had been asked to raise prices for frozen surimi sourced from Southeast Asia and other overseas regions, excluding Alaska pollock. 

According to a report by the Minato Shimbun, the impact of the conflict in the Middle East, a major oil-producing region, is spreading to the...

Russia Eyes Busan as Distribution Hub for Southeast Asian Fish Exports

Russia plans to use the South Korean port of Busan as a hub for distributing Russian fish products to Southeast Asia as well as supplying fish directly to the South Korean market.

These plans were recently confirmed by German Zverev, president of the All-Russian Association of Fishery Producers (VARPE).

According to Zverev, Russian fish exports to South Korea increased 5% in 2025 compared to 2024, reaching US$1 billion. However, South Korean customs statistics show that not all products remain in the country...

Sustainable Tuna Becomes Mainstream on UK Supermarket Shelves, MSC Report Finds

Sustainable tuna is rapidly becoming the standard choice for UK shoppers, with nearly half of all supermarket tuna products now carrying the Marine Stewardship Council (MSC) ecolabel, according to new industry figures.

The MSC UK Tuna Shopper Report 2026 found that 49% of tuna products sold in UK supermarkets are MSC certified, a sharp rise from 18% in 2021. In volume terms, the shift is even larger, with 65% of all supermarket tuna sales now coming from MSC labelled products.

The report, released ahead...

Alaska Halibut Fisherman Receives Fishing Ban, $15,000 Fine for Lacey Act Violations

Southeast Alaska halibut fisherman Vincent Jacobson, 52, was sentenced on Wednesday to five years’ probation, a $15,000 fine and a worldwide fishing and hunting ban during his probation for his part in a conspiracy to illegally harvest halibut with another commercial fisherman. That conspiracy violated the Lacey Act. 

Timothy Ross, 58, of Washington, pleaded guilty to one count of Lacey Act conspiracy on Sept. 8, 2025, and was sentenced to five years’ probation and a $15,000 fine on Dec. 10, 2025... 

Premium Brands Holdings Posts Record Q1 Results Despite Clearwater Seafoods Challenges

Premium Brands Holdings Corporation reported record first-quarter revenue of $2.1 billion, up 24.6% year-over-year, though its Clearwater Seafoods investment continued to face headwinds from asset divestitures and lower scallop catch rates.

The Vancouver-based specialty food company posted adjusted EBITDA of $171.2 million, a 26.7% increase, and adjusted earnings per share of $0.83, up 18.6% from the prior year. Premium Brands maintained its 2026 guidance ranges and reaffirmed its expectation to exceed its five-year sales targets of $10 billion...

Fishmeal Output Slides in Early 2026 as China Demand Signals Soften

Global fishmeal production started 2026 on a weak footing, with cumulative first‑quarter output down 28% year on year and March production alone falling 38%, according to IFFO‑compiled data. The figures reflect reports from member countries accounting for around 40% of global fishmeal output and half of fish oil production.

Fish oil production also declined, though less sharply. First‑quarter output was down 12% year on year, with relative resilience in Denmark/Norway and Spain helping to limit the overall...

Scottish Salmon Survival Rates Hit Record High in Q1 2026

Scottish salmon farming achieved record survival rates in the first quarter of 2026, with March posting the highest monthly performance since reporting began in 2018.

Salmon Scotland reported survival rates of 99.1% in March and 99.03% for the full first quarter, marking the strongest start to the year for the sector. The trade body attributed the improvements to more than £1 billion ($1.4 billion) invested since 2018 in veterinary care, technology, and stock management.

The strong performance supports...

FDA Issues Warning Letters to Three California Seafood Processors Over HACCP Violations

The FDA has issued warning letters to three California seafood processing facilities over serious violations of seafood HACCP regulations and sanitation standards, with one facility showing a history of Listeria contamination.

AAA International Seafood Corp. in Vernon fell short on basic food safety protocols during a March-April 2025 inspection, earning a November warning letter for HACCP plan deficiencies involving fresh tuna and salmon destined for raw consumption. Investigators found the company lacked adequate critical limits for pathogen control and failed to address undeclared allergens in...