US seafood trade imbalance continues to grow in 2024
The total value of US seafood exports was 16% of the total value of US seafood imports during the first half of 2024, down from the 20% ratio seen in 2023
IATTC approves 50% quota increase in eastern Pacific bluefin tuna
The IATTC has agreed to lift Mexico's bluefin tuna catch limits from 6,973t to 10,763t for 2025 and 2026, with the US quota rising from 1,017t to1,822t
China, US shrimp imports to drop in 2024 even with low prices, EU to grow
Shrimp imports for 2024 are on track to drop in the world's two largest markets in volume, China and the US, despite record low prices, according to a forecast given at GSF
Week 37 shrimp prices start higher in Ecuador, firm in Vietnam, Thailand
The increase in Ecuador is the first since May, while prices continue to rise in Thailand and remain firm in Vietnam, according to the latest global round-up by Undercurrent News
US adds Indian shrimp to forced labor list
Shrimp from India can still enter the US, but US importers now will face increased scrutiny and reputational risks
Rabobank: China’s seafood demand will continue to offer major export opportunities
Despite a recent downturn in shrimp imports, China's evolving seafood market presents a golden opportunity for global exporters, a new Rabobank report advises
US House panel peppers Biden administration with questions about IUU fishing
The congressional query also seeks to know how NOAA is assessing its processes under the Seafood Import Monitoring Program
McIntosh sees 2024 global shrimp output dipping below 5m metric tons, with Ecuador down
Falling production from three largest shrimp farming countries will see global output come down around 5% y-o-y to 4.89m metric tons, says Robins McIntosh
Week 36 shrimp prices flat in India as China demand pushes Vietnam’s large sizes up
After rapid increases throughout August, the first week of September is seeing prices stabilize at their new levels in most major south Asian producing countries
Recap GSF: Indian shrimp farm area drops, volume could remain stable, says Aqua Exchange CEO
Undercurrent News was reporting live from the Global Shrimp Forum, held Sept. 3-5 in Utrecht, the Netherlands