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


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Lobster Meat Prices at Record Highs with Seasonal Demand in Full Swing for Limited Supplies 

Lobster meat prices have reached record levels this summer according to Urner Barry prices. Traders are reporting good seasonal demand for claw and knuckle meat, but supplies are more limited this year compared to past seasons. Both live lobster and lobster meat inventories have been wracked this year from fishing delays to the Canadian seasons in PEI and New Brunswick, along with labor shortages among some Canadian processors. Meanwhile, the industry continues to hold out for Gulf of Maine lobsters to plug supplies, which should happen once waters warm up enough for the fishery to really get going. 

Shrimp prices in China are falling with inventories reportedly well-supplied. Producers say disease-related production issues in the Southern part of the country have mostly been alleviated and harvests have rebounded. Reports are indicating that farmers are starting to hold off harvesting shrimp from the ponds in hopes of getting higher prices.

In other news the government in the Indian state of Odisha has signed an agreement with global aquaculture and genetic improvement organization Worldfish to double the region’s fish production in the next five years through tilapia farming. The project will initially seek to boost Odisha’s fish production by 20 percent in the next year. 

Meanwhile, Whole Foods’ co-CEOs John Mackey and Walter Robb admitted the grocer was overcharging its customers at its stores in New York City. The two executives issued an apology in a video and said the issues was an accident and that if it ever happened again Whole Foods would reimburse shoppers with free food. "Straight up, we made some mistakes," said Robb, framed by containers of sliced strawberries, kiwis and pineapples. "We want to own that and tell you what we're doing about it,” Robb said in the video. 

Finally, Russia has passed a law to limit fishery quota transfers to companies that do not own their fleet. Russian officials said the decision is part of a plan to consolidate its fishing industry and eliminate smaller companies, many of which are thought to be involved in illegal poaching. 

We will be closed tomorrow July 3 in observance of the July Fourth holiday. We’ll return to our normal publishing schedule on Monday July 6. On behalf of John, Peggy, Ken, Linda and the rest of our team we wish all of our readers a safe and happy Fourth of July.

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