China’s Joyvio Food reports deepening losses, faces delisting threat
China-listed Joyvio Food has reported significant losses for 2024, triggering another delisting risk warning from the Shenzhen Stock Exchange as its financial condition deteriorates
Week 11 US wholesale prices: Lobster discounts amid inventory correction; uncertainty for scallops; premiums on cod, haddock
UCN's week 11 price assessments and market wrap-ups for US wholesale prices for crab, salmon, shrimp, frozen lobster, groundfish, farmed whitefish, scallops, crab and salmon are available on our new platform
Trident, Channel Fish divvy up $47.5m USDA pollock bid as Section 32 purchases continue
The US Department of Agriculture has agreed to purchase more than another 21.0 million pounds of Alaska pollock products
US wholesale: Twice-frozen cod, haddock prices keep rising
With geopolitical tensions, fluctuating exchange rates and evolving trade regulations influencing procurement decisions, many industry participants remain hesitant to secure long-term contracts
Paul Piazza & Son, Heartland among USDA shrimp, catfish contract winners
The USDA issued its solicitations for shrimp, catfish and pollock products for distribution to federal food and assistance programs last month
Week 10 US wholesale prices: Shrimp offerings competitive; Uncertainty for lobster, crab with tariffs
UCN's week 10 price assessments and market wrap-ups for US wholesale prices for crab, salmon, shrimp, frozen lobster, groundfish, farmed whitefish, scallops, crab and salmon are available on our new platform
Alaska bycatch council chair: ‘A volunteer board cannot do the work’
Outgoing chair Linda Kozak gained unanimous support in recommending the Alaska Department of Fish and Game create a dedicated position to tackle bycatch reduction
China retaliates against US with extra 10% tariffs on seafood
China is imposing a 10% tariff on all US seafood imports, effective March 10, 2025
Maruha Nichiro invests $21m to expand US surimi seafood capacity by 3,400t
'We will strengthen our market strategy by increasing Trans-Ocean Product's production capacity by 25%, ensuring a stronger market presence downstream' -- Masaru Ikemi, Maruha Nichiro CEO
Catch the Current episode 6: Phone a Canadian friend snow crab update; Company highs and lows
The Canadian snow crab season is nearly upon us and Undercurrent News' very own Barb Dean-Simmons has the latest news out of Newfoundland and Labrador