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Sep 21 - Gorton’s Tilapia Sustainability Lawsuit Update: Case Dismissed Following Private Settlement


Sep 19 - China’s Tilapia Prices Increase in Late August, But the Industry Still Faced Various Problems


Aug 31 - Gorton’s Tilapia Sustainability Lawsuit Will Move Forward, Despite GSA, New England Aquarium Support


Jul 28 - This Week in Retail: Wrapping Up July; Digesting the Latest GDP Data


Jul 27 - GSA, New England Aquarium Want to Submit Brief to Support Gorton’s in Tilapia Sustainability Lawsuit


Jul 21 - Regal Springs Partners with Ace Aquatec to Introduce ‘Gamechanger’ Technology for Tilapia Farming


Jul 7 - Tropical Aquaculture Files for Chapter 7 Bankruptcy


Jun 21 - ANALYSIS: Tilapia and Pangasius Under Downwards Pressure


May 17 - Tilapia Prices Contract in China


May 17 - These Are The Top 10 Seafood Items Consumed In The U.S. For 2020


May 13 - ANALYSIS: Q1 Pangasius Volume Outweighs Tilapia Second Year in a Row as Record Prices Retreat


Apr 26 - Chinese Tilapia Farmers Still Worried Despite Prices Increasing


Apr 25 - Class Action Suit Claims Gorton’s Misled Consumers Over Sustainability of Tilapia Products


Apr 1 - Regal Springs, aquaManager Partner to Boost Tech in Tilapia Farming Operations


Mar 25 - VIDEO: Most Favored Nation Treatment; Fresh Tilapia Update; China Suspends Shrimp Importers


Mar 24 - ANALYSIS: Ukraine Crisis Contributing to Fresh Tilapia Premiums


Mar 22 - Tilapia Prices Increase in China


Mar 2 - A Look at the Most Popular Seafood During Lent


Feb 21 - CFIA Announces Another Seafood Recall Due to Undeclared Allergen


Feb 15 - Canadian Food Inspection Agency Announces Multiple Recalls Due to Undeclared Allergen


Dec 27 - China’s Tilapia Prices Declining With End Of The Year, Though Market Looks Better Than Prior Years


Dec 21 - REPORTER: 2021 Turns The Tables On National Seafood Month


Dec 20 - The Winding Glass: 2021 Was Fantastic Year for Seafood as Disruption Played to Our Strengths


Nov 9 - China’s Tilapia Market Stable With Price Decrease in a Few Regions


Nov 8 - PODCAST: September Shrimp Imports, Tilapia Market Update, Premium Brands' Acquisitions and More


Nov 5 - ANALYSIS: Fresh and Frozen Tilapia Pricing Narrows


Nov 3 - A Look at Seafood Items That Performed Well During National Seafood Month


Oct 18 - China: Tilapia Farm Gate Prices Mostly Rise as Retail Prices Dip


Oct 13 - Regal Springs Tilapia Becomes First Producer to Use BAP-Integrated Traceability Systems


Oct 8 - This Week in Retail: Seafood Reigns Number One in Retail Ads This Week


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Gorton’s Tilapia Sustainability Lawsuit Update: Case Dismissed Following Private Settlement 

The lawsuit against Gorton’s has been dismissed by Judge Patti B. Saris of the U.S. District Court for the District of Massachusetts.

News of Gorton’s facing a class-action lawsuit broke in April 2022. A complaint filed on behalf of New York and California consumers Jeffrey Alan Spindel and Kevin McCarthy stated that Gorton’s frozen tilapia products are misleading in that they are labeled sustainably sourced, but are not sustainably sourced because they are products from fish farms in China...

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China’s Tilapia Prices Increase in Late August, But the Industry Still Faced Various Problems

During late August, China’s tilapia market rebounded, and prices increased in several main aquaculture regions, according to bbwfish.com. In places like the western Guangdong, they increased between about 0.1 to 0.2 yuan/jin (1 jin=0.5 kilo) compared with the mid-August, while the increase reached about 0.3 yuan/jin in such markets as those in Guangxi and Fujian.

The higher prices are said to have partially been a result of greater costs and supplies lower than before. With continuously hot days, disease... 

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This Week in Retail: Wrapping Up July; Digesting the Latest GDP Data  

Wrapping up July, grocers are promoting fan-favorite grilling items like steaks, pork chops, and shrimp in an effort to encourage at-home cooking during the dog days of summer—a seasonally sluggish period for meat sales.

Seafood features make up nearly 33% of total protein ad volume this week, marking the fifth consecutive week that it has seized the top spot. Beef comes in second with 23%, closely followed by pork with 22%. Chicken claims 17.5% and eggs make up 1.3% of ad space, down from nearly 5% the week...

 

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Regal Springs Partners with Ace Aquatec to Introduce ‘Gamechanger’ Technology for Tilapia Farming

Regal Springs, a major tilapia producer has partnered with aquaculture technology firm Ace Aquatec to bring in-water, high welfare stunning solutions into its processing facilities.

The new tech will be introduced in the coming months and follows months of successful trials in Mexico.

Regal Springs was eyeing a stunning solution to harvest its fish and address the interest from consumers for responsibly sourced seafood.

Research has shown that nine in ten global consumers prioritize buying from companies that have ethical sourcing strategies in place with...

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ANALYSIS: Tilapia and Pangasius Under Downwards Pressure

As the second quarter of the year ends, tilapia and pangasius frozen fillets are both seeing downwards pricing pressure leading into the summer. While discounts on pangasius have steadily continued since the end of the first quarter due to backorders finally catching up, combined with consumer pushback to record premiums in the wake of inflation, tilapia remained firm with an active demand until recent.

Contributing to the discounts within the tilapia market includes ocean freight relaxing, the USD gaining strength against the RMB...

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These Are The Top 10 Seafood Items Consumed In The U.S. For 2020

Seafood consumption figures are in for 2020, revealing how the pandemic helped - and hurt - the industry.

When the coronavirus began spreading in the U.S. in early 2020, the government took extreme lockdown measures, shutting down all non-essential businesses. While restaurants were allowed to remain open, their dining rooms were closed. This was a major blow to the seafood industry, where fish and shellfish thrived at dine-in. However, retail seafood purchases did increase with many people using the lockdown to learn how to...

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Chinese Tilapia Farmers Still Worried Despite Prices Increasing

China has been challenged by a shortage of tilapias this April, especially large ones. One main reason for this is that processing plants are buying more to satisfy a great number of foreign orders. Some have raised purchase prices to get more supplies, and traders in regions like Guangdong have even driven around to buy from Hainan farmers.

Prices have risen in such a seller’s market, and they are said to have set a new high record within the past 10 years, according to Shuichan.cc. In Guangdong province, for example...

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Regal Springs, aquaManager Partner to Boost Tech in Tilapia Farming Operations

Regal Springs and aquaManager have announced a long-term strategic partnership that will lead to state-of-the-art technology implementation in Regal Springs’ fish farming operations.

The initiatives focus on artificial intelligence, machine-learning and advanced algorithms, encompass data management and modeling, business intelligence, real-time data collection, and the latest smart devices and equipment, such as “state of the art” data-reading camera tracking systems, and have been successfully applied with more established species in marine environments, a press release from Regal Springs explained...

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ANALYSIS: Ukraine Crisis Contributing to Fresh Tilapia Premiums

Multiple factors are contributing to the upwards pressure within the fresh tilapia market, resulting in record high or 52-week high premiums across all sizes. In addition to massive freight increases both domestically and globally, continued logistical issues, and supply constraints, fresh tilapia is also seeing upwards pressure due to rising feed costs on corn, wheat and soy.

As reported by Urner Barry's plant protein market reporter Andraia Torsiello in the Monthly Insider's Soy & Wheat Report, Ukraine accounts for roughly 12% of global wheat exports and...

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A Look at the Most Popular Seafood During Lent

Tis the season for seafood! Today is Ash Wednesday, which is also the first day of Lent. Those that observe Lent refrain from eating meat on Ash Wednesday and every Friday leading up to Easter, which this year falls on April 17. As a result, seafood sales tend to tick up.

Easter fell early last year, which according to IRI Worldwide resulted in an increase in fresh seafood sales in March.  Fresh seafood reached $548 million, a 13.3% dollar sales increase and 6.6% volume sales increase from March 2020...

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Canadian Food Inspection Agency Announces Multiple Recalls Due to Undeclared Allergen

The Canadian Food Inspection Agency (CFIA) posted a pair of recalls for seafood products due to undeclared milk on February 11.

One of the recalls focused on Metro Marine Corporation’s Our Chinese Heart brand Sauerkraut Tilapia (Hot Spicy) and Golden Soup Sauerkraut Fish (Tilapia (Mild Spicy)). The recalled products were sold in British Columbia and Manitoba, and may have been distributed in other provinces and territories.

The CFIA noted the recall was triggered by CFIA test results and a food safety investigation is underway...

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REPORTER: 2021 Turns The Tables On National Seafood Month

This article was originally featured in the Winter 2022 Edition of Urner Barry's Reporter magazine.

Usually, the line around the industry goes, “October is National Seafood Month for a reason.” Historically, seafood items trend lower as the weather cools and holiday season begins. But things are different in 2021.

Many seafood products trended up in October, with some hitting all-time highs in the process. Nearly all items which experienced upward pricing pressure during the month felt the impacts of rising shipping costs, lack of container availability, and the litany of logistical headaches the seafood industry has been facing.

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China’s Tilapia Market Stable With Price Decrease in a Few Regions

As of late October, China’s tilapia prices are mostly stable compared with the week before due to limited supplies of mid-sized and small tilapias. Processing plants are willing to buy at comparatively high prices to meet demand abroad. Those in Hainan, for example, buy tilapias over 1 jin each (1 jin=0.5 kilo) at 4.7 yuan/jin, and their farm gate prices stay between 4.4 to 4.45 yuan/jin, according to Fishfirst.

Despite overall stability, retail prices contracted in a few regions,..

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ANALYSIS: Fresh and Frozen Tilapia Pricing Narrows

Throughout the height of the pandemic, the tilapia market remained steadfast with wholesale costs largely unchanged and import volume unaffected due to the timing of the latest harvest cycle coming to an end as China was shutting down back in the first quarter of 2020. This allowed the U.S. supply of frozen tilapia fillets to be intact for the following months. This year, however, the struggles throughout the supply chain, due in part, by labor shortages, logistical issues, and increasing freight costs have allowed...

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China: Tilapia Farm Gate Prices Mostly Rise as Retail Prices Dip

During early October, farm gate prices of tilapia have increased in many regions of China compared with the previous week, and markets look hustling with trucks driving there for purchase. However, retail prices have either stayed stable with little increase or shown signs of contraction.

In Hainan, for example, farm gate prices of mid-sized tilapia have raised by about 0.05 yuan/jin (1 jin=0.5 kilo), according to statistics from Fishfirst. Apart from limited supplies, trucks driving there from Zhanjiang to buy are also one main reason...

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This Week in Retail: Seafood Reigns Number One in Retail Ads This Week

Grocers' protein promotions this week included more seafood, which claimed the top spot in retail buying opportunities at about 30%. This is up from 27.3% the week prior and 25% this time last year.

The uptick in seafood featuring might be attributed to increased marketing campaigns for National Seafood Month. Organizations such as NOAA Fisheries utilize this month as a time to educate consumers about the U.S. seafood industry while sharing creative recipes to integrate fish, shrimp, and more into mealtimes and even tailgating parties. 

Retailers widely featured 16-20 raw shrimp this week at an average of $7.78 per pound. Down 7.5% from the week prior, this attractive price point could draw more consumers to the seafood case. 

The regional price spread for Atlantic Salmon boneless fillet ranged from $7.66 per pound to $8.86 per pound, generally down from week-ago levels but up on average from 2020. In the fresh/frozen fillets complex, tilapia averaged $4.99 per pound, down 8.6% from the week prior and 6.2% below 2020... 

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Gorton’s Tilapia Sustainability Lawsuit Will Move Forward, Despite GSA, New England Aquarium Support

A court battle involving U.S. seafood industry staple Gorton’s Inc. will continue.

U.S. District Judge Patti B. Saris denied the company’s motion to dismiss a lawsuit claiming its tilapia products feature misleading sustainability messaging.

“To the extent plaintiffs are casting a wider net in arguing that only tilapia raised in the wild are sustainable, they will come up empty,” Saris wrote. “To the extent plaintiffs are casting a wider net in arguing that only tilapia raised in the wild...

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GSA, New England Aquarium Want to Submit Breifs to Support Gorton’s in Tilapia Sustainability Lawsuit

Back in April, a complaint was filed by a pair of consumers Jeffrey Alan Spindel and Kevin McCarthy in the U.S. District Court of Massachusetts which claimed that Gorton’s Inc. has misled consumers over its “sustainably sourced” labeling on its frozen tilapia products, as SeafoodNews reported.

In recent days, both the Global Seafood Alliance (GSA) and the New England Aquarium, which has held a decade-plus long partnership with Gorton’s, motioned to file an Amicus Brief to support Gorton’s in the case...

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Tropical Aquaculture Files for Chapter 7 Bankruptcy

Vermont-headquartered Tropical Aquaculture filed for chapter 7 bankruptcy in the United States Bankruptcy Court for the District of Delaware on June 30.

Chapter 7 bankruptcy means Tropical will immediately halt operations and have its assets liquidated. The company was founded in 1995 and had an office in Maine. It worked as a sales and distribution company that sold farmed fish, from several countries. According to its website, the company supported 5,000 jobs in the U.S., South America and Europe. Tropical’s LinkedIn page said it supplied fresh and...

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Tilapia Prices Contract in China

This early May has seen a price decrease of some tilapia in China’s Pearl River Delta (PRD) region. Many trucks have driven there to buy tilapia with more entering into the local market, but the sales have been influenced by preventions and controls of COVID-19. Overall demand is far from satisfactory.

In the region’s Huizhou city, for example, non-farm gate prices have dropped by about 0.1 to 0.3 yuan/jin (1 jin=0.5 kilo) compared with the previous week to about 6.2 yuan/jin for those weighing over 1.5 jin each...

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ANALYSIS: 2022 Q1 Pangasius Volume Outweighs Tilapia Second Year as Record Prices Retreat

The first quarter for 2022 has once again reported higher import volumes of pangasius frozen fillets compared to tilapia frozen fillets. Historically, tilapia largely outweighs pangasius volume, however, 2021 monthly import data saw that trend reversal for six out of the twelve months last year, where pangasius brought in higher volumes.

As supply improves and backorders are caught up on, pricing on pangasius out of Vietnam has allowed for discounts. As previously reported by industry players, demand...

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Class Action Suit Claims Gorton’s Misled Consumers Over Sustainability of Tilapia Products

Gorton’s Inc. is facing a class-action lawsuit that claims its frozen tilapia products have misled consumers because the products are labeled as "sustainably sourced."

The 35-page complaint was filed on behalf of New York and California consumers Jeffrey Alan Spindel and Kevin McCarthy in the U.S. District Court of Massachusetts on April 21.

The consumers argue that the fish are not sustainably sourced because they are products from fish farms in China.

“The products are in fact not sustainably sourced but instead are made from tilapia...

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VIDEO: Most Favored Nation Treatment; Fresh Tilapia Update; China Suspends Shrimp Importers

Join SeafoodNews video co-hosts Amanda Buckle and Lorin Castiglione as they break down the biggest stories of the week, including the passing of Congressman Don Young; Japan's withdrawal of the Most Favored Nation trade incentive for Russia; the latest in the tilapia market; and China's suspension of Ecuador shrimp imports.

This video is sponsored by Urner Barry's Seafood Market Update webinar. Join us Tuesday March 29th at 2 PM EST for an in-depth look at the major influencers of the seafood market such as the ban on Russian crab imports, the impact of the Lenten season, and more! Click here to register for free.

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Tilapia Prices Increase in China

During this mid-March, China’s farm gate price of tilapia increased by about 11.2% to 5.8 yuan/jin (1 jin=0.5 kilo) compared with the same period last year. It has gone up by 9.5% from the early March, according to statistics from Agricultural Wealth. The main reasons for this increase are said to be linked to farmers changing to other fish species in Guangdong. It's resulting in supply contraction, and they're waiting for higher prices.

In places like Jiangmen of Guangdong, for instance...

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CFIA Announces Another Seafood Recall Due to Undeclared Allergen

After the Canadian Food Inspection Agency (CFIA) announced a pair of recalls for seafood products due to undeclared milk on February 11, more products were recalled for the same reason on February 17.

The latest recall impacts Frobisher International Enterprises Ltd. and its 3Fish brand Sauerkraut Fish (Szechuan Style) and Tilapia Soup with Pickled Vegetables from the marketplace because they may contain milk which is not declared on the label.

The recalled products have been sold in British Columbia. As of February 17, CFIA noted no reported reactions associated...

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China’s Tilapia Prices Declining With End Of The Year, Though Market Looks Better Than Prior Years

On December 17, tilapia prices have contracted in several regions of China compared with those of December 10, according to statistics from Fishfirst. For example, farm gate prices of those weighing between 0.6 to 1 jin (1 jin=0.5 kilo), which are sold to processing plants, have declined by 0.1 yuan/jin to about 3.85 to 4.15 yuan/jin in Zhanjiang and Maoming of Guangdong, while the prices of those between 1 to 1.6 jin each have also dropped by...

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The Winding Glass:  2021 Was Fantastic Year for Seafood as Disruption Played to Our Strengths

This is the first part of a two-part end of year review. Today we will focus on the fantastic year most in the Seafood industry have had, despite the turmoil and disruption of the pandemic. 

The second part will look at how the factors that helped us in 2021 may play out in 2022 and what we think may be different.

First, some numbers. When I went to analyze what happened with the U.S. seafood supply in 2021, I was blown away by our success...

 

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PODCAST: September Shrimp Imports, Tilapia Market Update, Premium Brands' Acquisitions and More

SeafoodNews Managing Editor Amanda Buckle is back from maternity leave and reunited with her podcast co-host Lorin Castiglione! Join Amanda and Lorin as they talk about some of the biggest seafood stories from the last week, including September shrimp import numbers and the latest in the tilapia market. Plus, learn more about Premium Brands' latest acquisitions, what's going on at AquaBounty Technologies, and a new plant-based sashimi product on the market.

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A Look at Seafood Items That Performed Well During National Seafood Month

Usually, the line around the industry goes, “October is National Seafood Month for a reason.” Historically, seafood items trend lower as the weather cools and the holiday season begins.

Things are different in 2021, as many seafood products trended up in October, with some hitting all-time highs in the process.

Nearly all items experienced upward pricing pressure during the month, feeling the impacts of rising shipping costs, container availability and the litany of logistical headaches the seafood industry has been facing...

Full Story »

Regal Springs Tilapia Becomes First Producer to Use BAP-Integrated Traceability Systems

Switzerland-based Regal Springs Tilapia became the first producer to use traceability that integrates directly with the Global Seafood Alliance’s (GSA) Best Aquaculture Practices (BAP) certification systems.

Regal Springs grows tilapia in floating pends in lakes with farms and processing facilities located in Mexico, Honduras and Indonesia that are BAP certified.

This innovation is enabled by the Wholechain traceability system and has been designed in collaboration with BAP with the goal of enabling real-time data monitoring for BAP’s certification, the GSA explained...

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