Russian Fishery ups pollock surimi forecast to 160,000t by 2028, hopes for higher prices later in year
Russia's largest pollock quota holder has upped its forecast for countrywide surimi production of over 160,000t by 2028, even more bullish than one given last year
US lawmakers’ bottom trawl bill has implications beyond pollock, opponents warn
Harvesters of Atlantic scallops, groundfish in NewEngland and on the West Coast, and shrimp on both coasts and in the Gulf of Mexico also should be concerned, opponents warn
Japanese convenience chain to use pollock in simulated sea urchin, salmon roe sushi rolls
The second-largest convenience store chain in Japan, FamilyMart, has begun selling simulated sea urchin and salmon roe sushi rolls that rely on pollock surimi and plant oils
Recap over 40 UCN exclusive stories from Barcelona show
Undercurrent News' global reporting team produced 42 standalone stories and a live blog from the 2024 Seafood Expo Global, held April 23-25 in Barcelona, Spain
Japan’s largest surimi producers see profit rocket
Kibun Foods and Ichimasa Kamaboko posted a whopping growth in operating incomes of 130% y-o-y and 1,552%, respectively, for their financial results ending March 2024
Nissui hits record revenue of $5.5bn on processed food expansion
The Japanese seafood giant reported the strongest financial performance in its history for the fiscal year of 2023, of JPY 831bn in revenue and JPY 29.6bn in operating income
Surimi price crash, rising costs in pollock roe hit Japan’s Nichimo profits
Japan's Nichimo saw a 30% reduction in its consolidated operating income at JPY 2.02bn, $13.4m, for the full year ended March 2024, largely due to price crashes in surimi products
Maruha Nichiro revenue hits new record on robust earnings in processed seafood
Overseas sales increased 2% y-o-y to $1.59 billion in the fiscal year, with strong performances in Europe offsetting the decline in North American and Asian operations
Japan’s yen drops to 34-year low against dollar, further hurting purchasing power in global market
The Japanese yen briefly dropped to a 34-year low against the US dollar, and hit an all-time low against the euro on April 29, sending the country's buyers to struggle with their purchase of seafood products from overseas
Viciunai to construct new salmon processing plant in Lithuania
Plans are underway to renew and plan development projects both in Lithuania and in the Baltic and Western European countries, the company said