ANALYSIS: Tight Supplies and New Trade Headwinds Raise Stakes for 2025–26 Mahi Season

As the 2025–2026 Central and South American mahi-mahi season approaches, industry participants are closely monitoring early signals amid growing concerns over another year of limited supply. The previous season was marked by historically poor production across key C&SA regions, which drove replacement costs sharply higher and accelerated a strategic pivot toward Asian-origin product. With inventories still running lean and external pressures mounting—from newly implemented tariffs to NOAA’s Marine Mammal Protection Act (MMPA) comparability requirements...
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