Wed. Aug 17 2022

Blue Star Foods Revenue Jumps in Q2; CEO Says Company on Track to Double 2021 Totals  

BioMar Witnesses Improved Sales Volume, Revenue and Earnings in Q2

Pokemoto Lands Trio of Franchise Agreements in Connecticut

Tue. Aug 16 2022

Cooke in Agreement to Acquire Tassal Group After Multiple Failed Takover Bids

ANALYSIS: Frozen Chilean Salmon Fillets Begin to Chase Fresh Pricing  

American Aquafarms Project Gets Pushback From Maine Gubernatorial Candidates

DFO Announces Temporary Cod Closure For NAFO Division 3KL  

Seafood to Become an Upmarket Product in Russia  

Sushi Company Recalls Various Products Due to Undeclared Allergens

Cousins Maine Lobster Lands on Inc. 5000 Annual List After Notable Revenue Growth  

BioMar, Síldarvinnslan Partner to Develop High-Tech Aquafeed Production Facility in Iceland

Nissui’s Kurose Suisan Commits to 100% Artificial Seedling for Next Season Yellowtail Farming  

In Growing Market, unMEAT Launches Plant-Based Luncheon Meat in US

Fifax Culls Rainbow Trout at Eckerö Facility Due to IHN Outbreak Summary Tuesday, August 16

Mon. Aug 15 2022

PODCAST: Lobster and Crab Meat Market Update; Bluu Seafood Enters Regulatory Process and More

VIDEO: Watch Us Eat Canned Rockfish From Top Chef Sara Hauman's Tiny Fish Co.  

ANALYSIS: June Snow Crab Imports Off Pace, Down 34.7 Percent from 3-year Average  

Fishing Vessel Sinks Near International Waters in Ecologically Sensitive Haro Strait

A Science and Technology Institute in Okinawa Developed a Squid Farming System  

B.C. Salmon Farming Group Fires Back at Anti-Aquaculture Statements

Tassal Group Unveils $350 Million Sustainability-Linked Loan, a First for Australian Aquaculture

FCC Creates Campaign To Showcase Fishing Companies With Vested Interest in Long-Term Sustainability Summary Monday, August 15

Fri. Aug 12 2022

Feds Signal Management Shift on Kuskokwim if Coho Salmon Run Doesn’t Improve  

Man Sentenced to Nearly 20 Years in Jail for Scallop Boat Murder Off Massachusetts  

Surveys Reveal Consumers Believe Recession is Here; Many Concerned About Rising Food Prices

NOAA Fisheries Releases New Research Plan for Shellfish, Seaweed Aquaculture in Alaska Summary Friday, August 12

Thu. Aug 11 2022

ANALYSIS: Canada Lobster Tail, Meat Exports to U.S. Fall Short in June  

VIDEO: StarKist to Supreme Court; Cooke Acquisition; Bluu Seafood; AquaBounty Ohio Update

This Week in Retail: Reviewing the Chicken Complex; CPI Update

AK Updates: Lots of Fishing Going on Besides Salmon  

Former Bumble Bee Exec Thrown Back Into Canned Tuna Price-Fixing Litigation  

Wildtype and Conservation Fund Join Forces to Protect Pedro Bay Rivers from Pebble Mine

High Liner Foods Sees Volume, Sales, Adjusted Earnings Growth in Q2

Chinese Retailer Qdama Commit to Sourcing BAP-Certified Seafood

Maruha Nichiro Issues Japan’s First ‘Blue Bond’ Alongside 25% Operating Income Jump Summary Thursday, August 11

EDITORIAL: U.S. Fish and Wildlife Service Strategy to Reintroduce Sea Otters is Flawed

Scottish Seafood Processor Uses Grant Funds To explore New Ways to Smoke Fish

Seafood People Hires Executive Coach Expert Mickael Melaye As New Senior Advisor

Loki Foods Secures Funding, Unveils Sustainable Atlantic Cod Fillet Alternative  

Wed. Aug 10 2022 Summary Wednesday, August 10

As 2022 Fraser River Sockeye Return, Historical Notes on Year Class Show Variability, Resilience

Louisiana Representative Pushing USDA To Purchase Seafood to Assist Fishermen Battling Inflation  

Japan: H1 Surimi Imports Up 10.3%, June Imports from the U.S. Fell 44.1%  

NOAA Looking for Applications for New American Fisheries Advisory Committee

Russia: Crab Prices Fell By 50% this Year Due to Oversupply  

Nova Scotia Opens Public Comments for Aquaculture Operations

Sober Island Brand OG Oysters Recalled Due to E. Coli  

Cooke Inc. Acquires Belgium Shrimp Processor Morubel

Seafood Industry Groups Comment on USTR’s Efforts to Combat Forced Labor in Foreign Supply Chains

Canned Tuna Price-Fixing Lawsuit Heads to Supreme Court With StarKist Petition  

Lawmakers Sound the Alarm on Seafood Traceability Concerns in Letter to FDA   

Offshore Wave Energy Takes Center Stage as Politicians Visit Oregon State University

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News Summary June 29, 2022

The Winding Glass: What Lessons Do The 2009 Recession Hold For Seafood Marketers Today?

The last time the seafood industry faced a genuine crisis was during the recession that started in 2008-09. During that time foodservice contracted but retail prospered by giving customers the opportunity to trade down to less expensive products. Looking at major seafood items, almost every single commodity lost substantial value between 2008 and 2010-2012, as U.S. consumers changed their buying habits. This is the situation we are heading into over the next year, and it is time to prepare for this changed business environment...

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