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

ANALYSIS: Fresh Tilapia Prices Rise as Imports Fall  


The Retail Rundown: Maximizing May’s Buying Occasions


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


Russia Begins Preparations for 2025 Salmon Fishing Season  


March Sales of Salmon Roe Products at Tokyo Central Wholesale Markets  


Seafoodnews.com Summary Wednesday, May 1


Tue. Apr 30 2024

Maruha Nichiro Estimates Worldwide Surimi Production in 2023 Reached 800,000 Tons  


Vandal Poisons Young Salmon in Oregon Targeted for Sport and Commercial Fisheries  


Seafoodnews.com Summary Tuesday, April 30


Mon. Apr 29 2024

American Seafoods’ Tim Fitzgerald On The Importance Of Telling The Sustainability Story


ANALYSIS: Blue and Red Swimming Crab Meat Hit 52-week Lows on Special Grade  


2024 Snow Crab Landings Update For NL, Gulf and Maritimes Region As of April 29  


Bering Sea Dungeness Crab Season Opens May 1


Latitude 45 Salmon Candy Targets Growing Demand For Grab and Go Category  


Seafoodnews.com Summary Monday, April 29


Upcoming Events cal

Titter UB Shop Youtube Facebook
Contact

Urner Barry
P.O. Box 389
Toms River, NJ 08754
1-732-240-5330

Advertising

Bill Lynskey
Senior Account Manager
1-732-240-5330 ext. 205
blynskey@urnerbarry.com

Tori Mattiello
Sales Development Representative
1-732-420-5330 ext. 240
vmattiello@urnerbarry.com


Editorial

Amanda Buckle
Managing Editor
1001 Corporate Circle
Toms River, NJ 08755
Voice: 732-575-1983
abuckle
@urnerbarry.com


Ryan Doyle
Staff Writer
Voice: 732-240-5330 x275
rdoyle
@urnerbarry.com


Susan Chambers
Associate Editor
SeafoodNews.com
Voice: 541-297-2875
susanchambers
@urnerbarry.com


Peggy Parker
Science and Sustainability Editor
PO Box 872
Deming, WA 98244
Voice: 360-592-3116
peggyparker
@urnerbarry.com


John Sackton
Contributor
8 White Pine Lane
Lexington, MA 02421
Voice: 617-308-0776
jsackton@seafoodlink.com

Support and Questions
1-800-443-5330
help@urnerbarry.com

Subscription Info
1-800-932-0617
sales@urnerbarry.com

Terms

License Agreement

Today's Main Story: Strengthening Dollar puts US market in ideal position for imported seafood

An analysis on the strength of the US dollar in recent months shows how the US market is in the driver’s seat as a premier market for imported seafood. Urner Barry Market Reporter Russell Barton explains how the Federal Reserve’s tapering of its Quantitative Easing program has combined with other factors to strengthen the dollar compared to international markets including Japan, Brazil and the EU. This makes the US a prime market for seafood exporters to sell into. For Ecuador, who trades on the US dollar, the stronger dollar could be an especially positive development for the country’s shrimp exporters who want to sell into the US and avoid exchange rate volatility with competing importers.

With Southwest Nova Scotia’s LFA 34 set to open Monday morning, research biologists predict warmer waters in the region will result in early hauls of “new” or soft-shell lobsters. One canner said that as much as 40 percent of the early haul will go straight to processors. We should get an idea of the lobster quality and boat prices when the first hauls come in next week.

In other news some seafood suppliers and fishermen in Maine and New England say the second straight shrimp closure in the Gulf of Maine has put their businesses in jeopardy. Both depend on the winter shrimp season to plug their winter seafood supplies. This year’s closure--with the likelihood of the moratorium to continue past 2014--has the industry scrambling for alternatives.

During the 1980’s groundfish collapse in Canada, High Liner found its business in need of funds to stay afloat. The Nova Scotia government stepped in and purchased $5 million worth of shares. Our story reports how that investment helped High Liner grow its seafood empire ever since.

Finally, we explain how higher demand for no moisture tilapia in the US has created two distinct markets between moisture added and no-moisture added product. Now Urner Barry is publishing two quotations for frozen tilapia fillets from China that make this distinction.

To Read Full Story Login Below.

Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.

Submit comment or question


This comment will be posted using your screen name:


Submit Notification

Comment Policy: SeafoodNews.com and Urner Barry have made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive Comments, or comments deemed not relevant to the story will be removed, and if necessary, SeafoodNews.com and Urner Barry may restrict the right of individual subscribers to offer comments. IN all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by SeafoodNews.com and Urner Barry.