Key Chilean salmon farming region’s GDP decline spurs urgent call for support
The latest economic report from the country's Central Bank highlighted a significant downturn in the salmon farming sector in the Aysen region
Record pink catch led to largest North Pacific salmon haul
The commercial catch of salmon species in the North Pacific hit a record high at 727.6 million fish in 2023, according to the North Pacific Anadromous Fish Commission
US seafood retail sales slide despite price cuts
Even with lower seafood prices, retail sales have stagnated due to ongoing economic concerns, particularly about the labor market and persistent inflation, 201 Analytics reports
Russia’s salmon catches remain slow, Japan’s Far East harvest hit record low
While Russia's salmon catches remain sluggish at 20% lower levels than the previous year, Japan's harvest in Russia's EEZ have been at their lowest since 2016
Ocean Wise revokes sustainability badge for Southeast Alaska salmon fisheries
Wild salmon from these fisheries that are sold in grocery stores or served in restaurants can no longer carry Ocean Wise's sustainability label
Japan’s Miyagi coho harvest drops by 30%, driving prices to record high
Farmed coho salmon production in Miyagi has seen the largest y-o-y decline in decades to around 13,000t, sending dock prices to record highs since 1989
Estimated 15% decline in Chilean coho harvest stirs Japanese importers
Based on the numbers of smolts released into the ocean, the Chilean coho salmon production will likely decline to 180,000t on an H&G basis for the 2024/25 season
Fresh finfish, shellfish lead drop in US seafood retail prices in May
Consumers remained cautious in spending due to worries over the lingering and cumulative impact of inflation, says a market research firm
Japan farm receives first ASC certification for cherry salmon
A commercial 'cherry salmon' farm in northern Japan has become the first in the country to receive sustainability certification from the Aquaculture Stewardship Council
Chilean coho farmers seek over $1/kg price hike in Japanese H&G markets
Following an anticipated harvest reduction of coho salmon for the upcoming season in Chile, farmers are looking to set their fixed cost-and-freight prices at over $7/kg or JPY 1,150/kg for Japan-bound H&G products