Here's a recap of the top daily seafood news from Friday, July 7:
Canadian snow crab prices up across all sizes as Newfoundland season winds downWholesale prices are continuing to climb for Canadian snow crab as the season in the province of Newfoundland and Labrador, the world's largest snow crab fishery, winds down.
El Nino phenomenon to cause losses of $600m in fishmeal exports, says ProducePeru's ministry of production Produce has announced that fishmeal exports are expected to drop by $600 million due to the El Nino phenomenon. According to Produce head Raul Perez, this is concerning as Peru is one of the world's leading producers of fishmeal, with the country's central reserve bank forecasting a 15% drop in revenues for the fishing sector this year due to the maintenance of the anchovy fishing ban in the north-central zone and the lower quota established for squid [...]
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