Editorial director Tom Seaman brings you a roundup of the main stories from the previous week
Last week, Undercurrent News was live-blogging from the 18th edition of the Shanghai International Fisheries and Seafood Exhibition (SIFSE).
This year's event spanned 180,000 square meters and featured over 4,000 exhibitors and 40 industry-related activities. The blog from SIFSE, which you can recap in full here, features prices, supply and trade-focused updates on salmon, shrimp, shellfish and tuna, to name a few.
Then, last week's most-read story covered the 2024 pink salmon harvest in Alaska, which is lining up to be one of the worst in years, including in some of the US state's most productive regions for landings of the fish.
"Reduced pink salmon harvests statewide have drawn comparisons to the 2016 season in which a 'fisheries disaster' was declared in a number of regions," the latest McKinley Research Group (MRG) report states, alluding to the disaster declaration approved by the US commerce secretary 2016 for the entire Gulf of Alaska pink salmon fishery.
That year, Congress ultimately approved $56.3 million to be distributed to processors, skippers and crews for financial losses.
Then, another supply story on the other side of North America also got a lot of interest.
In the Canadian province of Newfoundland and Labrador, the summer season for the commercial cod fishery has ended, with a quota of 9,042 metric tons taken in just under five weeks.
Canada's Department of Fisheries and Oceans (DFO) advised harvesters of a temporary closure of the cod fishery at 4:00 p.m. local time on Monday (Aug. 26) as landings were approaching the limit allocated for the summer season, though the fishery wasn't scheduled to close until Sept. 15.
The latest landings report from DFO shows that, as of Aug. 25, inshore harvesters in zones 2J3KL landed 8,519t. Meanwhile, inshore harvesters will return to cod fishing again in a couple of weeks. The fall fishery opens on Sept. 15, with the remaining inshore quota of around 6,000t to be landed.
Click the headlines below to catch up on the rest of last week's most-read news.
- Shanghai show 2024: Shrimp production from Ecuador expected to remain flat or 'even lower' in 2024, says Omarsa CEO
- Gulf of Alaska pink salmon harvest reminiscent of disaster season
- Harvesters union laments quick end to summer cod fishing season in Newfoundland
- US scallop harvesters struggle with decade-worst landings, see permit values crash
- US exports of H&G pollock, Pacific cod surge as Russia ban hits
- Frozen North American lobster market catches 'fire'; prices expected to keep climbing
- Former P.F. Chang's CEO to take over leadership of Red Lobster
- Low shrimp wholesale prices driving labor abuse in Vietnam, report finds
- Polar Seafood to buy stake in Icelandic shrimp firm
- Kuterra makes progress on shift to steelhead, disputes need for 1,500t expansion
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