Icelandic cod prices jump again on low supply, but haddock market corrects
With volumes still limited on the country's whitefish auctions, prices for both gutted and ungutted cod have hit their highest point of the year
Prices keep rising on Norwegian, Russian H&G Atlantic cod, haddock
Price levels for frozen, H&G Atlantic cod and haddock from Norway and Russia continued to increase in week 47, according to Undercurrent News sources
UK FAS fillet supplier Warners quadruples profit despite sales dip
Annual profits at the UK-based importer of Icelandic frozen-at-sea cod and haddock nearly quadrupled to £1.02m for the year ended March 31, 2024
China whitefish buyers worry with H&G cod, haddock prices stable at record levels
In week 46, Undercurrent News has kept its price assessments for frozen, trawl-caught H&G from Russia and Norway stable at record levels amid growing market panic
Icelandic cod, haddock prices continue to rise as bad weather hits supply
Although October was a fairly stable month on the national whitefish auction, volumes have been limited through November and prices are heading higher for both species
Hilton’s UK seafood arm reports £2.5m operating profit in 2023 despite small losses to Mowi, Young’s
Meat packer Hilton's seafood processing operations reported an operating profit of £2.50m in the 2023 calendar year, compared to a loss of £19.25m in same period of 2022
Leroy’s ‘best estimate’ is Norwegian trawlers will take 32% cod quota hit in 2025
'The government's adopted quota report and reintroduction of the trawl ladder mean that the trawler fleet's quota will be reduced over and above the general quota,' said Leroy Seafood
UK’s Subzero buys up Grimsby coated fish processor
Documents on Companies House show that primary processor Subzero has taken a stake of over 75% in coated fish and shellfish processor Chapman's Seafoods
Atlantic H&G cod, haddock prices up 54-140% since US order on Russia
Russian H&G haddock prices have seen the biggest percentage increases since the US executive order, despite cod being higher overall, as Russian haddock was not included
Scientist: Not cutting Barents Sea cod quota 31% makes further reductions more likely
Several years of exceptionally poor recruitment and quotas set above ideal levels mean that 2026 will likely see a new low point, according to Norway's Institute of Marine Research