Wed. May 8 2024

World's Largest Snow Crab Fishery Is Underway — Is The Market Ready For Higher Prices?  


The Retail Rundown: Showdown for Consumer Dollars this Mother's Day


Thai Union Confirms In Financial Results That They Expect Red Lobster Sale To Be Completed This Year


Choice Canning Refutes FDA Refusal For Antibiotic-Tainted Shrimp  


ANALYSIS: U10 Scallops Rally Ahead of Mother's Day  


Alaska Legislature Rejects Dunleavy Appointee to Commercial Fisheries Entry Commission


Cermaq Deficit JPY 20 Billion: Consolidated Mitsubishi Corp. Profit/Loss for FY Ending March 2024  


Clean Seas Seafood CFO Resigns; Company Appoints David Di Blasio As New CFO


Seafoodnews.com Summary Wednesday, May 8


Tue. May 7 2024

FDA Flags Choice Canning, 3 Other BAP-Certified Shrimp Exporters For Antibiotic-Contaminated Shrimp  


Lerøy Faces Escape of Estimated 14,000 Salmon  


The Biggest Takeaways From NOAA’s 2023 Status of Stocks Report  


A Deep Dive Into Mother’s Day: Seafood Wins With Special Brunch Menus  


Hokkaido Surimi Production Rebounded in March after Three Months  


Russia Eyes More Active Expansion of its Fish Exports This Year


Seafoodnews.com Summary Tuesday, May 7


Mon. May 6 2024

USDA Kicks Off May With Open Purchase Requests For Alaska Pollock, Catfish, Salmon and Walleye  


2024 Snow Crab Landings Update For NL, Gulf and Maritimes Region As of May 6  


Norwegian Snow Crab Sees Strong Growth in April, But King Crab Struggles  


ANALYSIS: Two Different Conclusions to This Year's Stone Crab Season  


Atlantic Sapphire Lands Former Cermaq Exec As Deputy CEO As Search For New CEO Continues


Eight New Members Named to NOAA’s Marine Fisheries Advisory Committee


Seafoodnews.com Summary Monday, May 6


Fri. May 3 2024

ANALYSIS: Gulf Quota Reaches 72% Caught, Newfoundland Reaches 15% Caught for Snow Crab  


Spend Plan for Oregon's $7 Million Salmon Fishery Disaster Funds is Ready for Review  


Seafoodnews.com Summary Friday, May 3


Thu. May 2 2024

ANALYSIS: March U.S. Shrimp Imports Move Higher  


Peltola Introduces Bristol Bay Protection Act, Permanently Protecting the Area from Pebble Mine


ANALYSIS: 2024 Buying Opportunites Inch Ahead of 2023 for Farmed Salmon  


Seafoodnews.com Summary Thursday, May 2


Wed. May 1 2024

Seafoodnews.com Summary Wednesday, May 1


March Sales of Salmon Roe Products at Tokyo Central Wholesale Markets  


Russia Begins Preparations for 2025 Salmon Fishing Season  


BOEM Announces Offshore Wind Leasing Schedules This Year for Oregon and Gulf of Maine


ANALYSIS: Fresh Tilapia Prices Rise as Imports Fall  


The Retail Rundown: Maximizing May’s Buying Occasions


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Thai Union enters China consumer market with 'King Oscar' Brand Lobsters from North America

Thai Union and Chicken of the Sea Frozen Foods are now selling lobsters directly to the Chinese market under the King Oscar brand. The distribution channel uses both brick and mortar stores and online retail. The lobsters are available at G-Super supermarket chain and directly through an online store operated by Thai Union. Thai Union plans to grow distribution to more supermarkets and e-commerce platforms.

The Department of Justice has charged Stephen Hodge+a former executive with Chicken of the Sea+ with conspiring to fix the price of canned seafood from 2011 to 2013. Hodge was charged on May 30 through a "criminal information," a type of charging document prosecutors tend to use in connection with people who are negotiating plea deals.StarKist said in a statement that Hodge had worked for the company but left in December 2013. "StarKist has cooperated and is continuing to fully cooperate with the investigation," StarKist said.

In other news, the most current DFO quota reports, covering to near the end of May, show that Gulf snow crab landings in New Brunswick and Quebec are outpacing Newfoundland. In the Gulf, out of a 39,000 ton quota, about 65 percent has been landed, and it looks likely the quota will be caught by the end of the season at the end of June writes John Sackton. In Newfoundland, for all NAFO divisions which include also the fishing areas outside of 200 miles, the total quota is 35,000 tons of which 38% has been taken as of May 31st.

Meanwhile, Indian seafood imports now account for over 25% of Vietnam's imported market according to a Ministry of Agriculture and Rural Development report. This makes India far and away Vietnam's top seafood supplier. In the last two years, India has become a key shrimp supplier to the Vietnamese market.

Finally, filth is still the top reason for the FDA’s seafood refusals in 2017 but the administration is refusing far less seafood this year compared to 2016 levels. In May, the FDA’s seafood refusals were down 40 percent compared to the same time last year. It appears the FDA is detecting less filth in these species compared to a year ago with refusals for filth down 52 percent from a year ago.

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