Undercurrent News is reporting live from the Global Seafood Market Conference, held annually in the US in January and organized by the National Fisheries Institute.

Recap all the news from day two below:

• 'Upward pressure' on Canadian snow crab prices amid supply, trade uncertainty

There is "upward pressure" on snow crab pricing ahead of the Canadian harvesting seasons, where supply is expected to come down, said Roman Tkachenko, CEO of US importer Direct Source Seafood.

• GSMC salmon panel sees opportunity for Chilean coho in 2025

The species panel on salmon at GSMC believes there are opportunities for Chilean coho in 2025.

• Global salmon supply down 12% largely driven by declines in wild fish

The planet's salmon supply shrank in 2024 largely due to crashing pink and chum salmon from wild fisheries in Alaska and elsewhere.

• Norwegian salmon makes inroads into US with small sizing, competitive prices

More Norwegian salmon will likely be exported to the US in 2025 as early harvesting continues to avoid biological issues, said GSMC panelists on Tuesday.

• Canadian salmon supplier warns US consumer will pay if Trump tariff threat materializes 

Like the GSMC panels before it, the species panel on salmon could not ignore the elephant in the room -- US president Donald Trump's looming tariff threats.

• Riverence Provisions founder David E. Kelley talks importance of passion in the industry 

GSMC keynote speaker David E. Kelley, the founder of Riverence Provisions, the largest producer of trout in North America, took the stage Wednesday afternoon to share the importance of having passion.

• US supply of North American lobster stable despite volatile appearance, panel stresses

It's easy to get the impression that the US' supply of North American lobster is shrinking and volatile if you look at any one of the charts used to measure each of the Canadian and US sources separately, advised the NFI shellfish panel during a session on Tuesday.

• 'It's hard to catch lightning in a bottle' -- seafood competes in crowded field to meet US consumers' demand for healthy protein

The global seafood market is aligned with trends seen in the food industry where consumer demand is focused on increasing protein consumption in convenient settings such as 

• C-Store exec shares what the seafood industry needs to do to penetrate the convenience store category

GSMC panelist Michael Seidel of Performance Food Group asked attendees the following question during the day's final panel on Wednesday: "Can we sell seafood to the C-store?" 

• Norway's Ode to start sales of fresh pre-rigor farmed cod fillets for global sushi markets

Norwegian cod farmer Ode is installing equipment in its processing plant to produce and deliver pre-rigor fresh fillets in Q1 this year, said Cathrin Rabben, a sales manager who has been part of the company since its establishment.

You can find the headlines from day one here.