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Policy Jan. 22, 2025 3:24 PM
Canada offers First Nations CAD 259m to help acquire more fishing licenses

'Participation in the program is voluntary, and it does not define or limit the right to fish in pursuit of a moderate livelihood' -- DFO spokesperson Axel Rioux

Prices Jan. 20, 2025 4:34 PM
US wholesale: Week 4 ‘Market pulse’ updates available on key seafood commodities

Undercurrent News' week 4 "market pulse" updates on US wholesale markets for various key commodities are available on our new platform 

Trade Jan. 20, 2025 3:34 PM
ASC decision about Canadian lobster plant depends on season outlook

By Jason Huffman

'We will make that decision when we get a little bit closer to see where the market's going' -- Ken Melanson, Atlantic Sustainable Catch

Prices Jan. 20, 2025 3:10 PM
Atlantic Capes deal makes Northern Wind one of world’s three scallop titans

By Jason Huffman

'The main reason why we did it is obviously that they're a big player in domestic and imported scallops and we're a big player' -- Ken Melanson, Atlantic Sustainable Catch

Sustainability Jan. 17, 2025 5:34 PM
Canada to unveil Trump tariff retaliation plan on Monday

Seafood plays a significant role in Canada's trade relationship with the US, making the sector's reliance on the market a critical factor in any retaliatory measures

Prices Jan. 16, 2025 4:36 PM
US wholesale: Supply risk, lack of replacement lead frozen lobster meat prices higher again in week 3

By Gary Morrison

The supply risk is growing for frozen lobster meat. Cold water tails are rated fully steady to firm while warm water product is a bit more balanced.  

Lobster Jan. 16, 2025 3:57 PM
US withdraws vessel speed rule aiming to protect right whales

'Withdrawal of the proposed rule does not preclude NMFS from taking future action, including but not limited to initiating a new rulemaking, to address ongoing lethal right whale vessel strikes' -- National Marine Fisheries Service

Policy Jan. 16, 2025 2:43 PM
Trump executive order to halt US offshore wind already in works

By Amanda Buckle

US president-elect Donald Trump is still a few days away from taking his oath of office but it appears that he plans to stick to his word on ending offshore wind on 'day one' of his second term

Prices Jan. 15, 2025 5:58 PM
End-of-year seafood retail sales reflect shifts in consumer behavior

By Liza Mayer

Holiday timing and pricing impacted seafood sales across all categories during the festive month of December, according to the latest US retail sales performance review from 210 Analytics

Scallop Jan. 15, 2025 5:17 PM
Canada’s provincial premiers meet with Trudeau for update on US tariff threat

The provincial leaders asked for the meeting with the prime minister to get a better sense of what the federal government has planned for the weeks ahead 

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