US wholesale: Rising prices, persistent supply constraints define groundfish market
Persistent supply limitations, logistical difficulties, economic pressures and potential policy changes suggest that the groundfish market will remain challenging to navigate in the weeks and months to come
Norwegian H&G cod, haddock prices push deeper into new territory ahead of Christmas
Auction prices for frozen cod and haddock have each crossed unprecedented thresholds in the latest week on the auction, although saithe appears to have hit a ceiling for now
UCN launches US seafood wholesale pricing platform with close to 300 benchmarks
UCN's new US seafood wholesale pricing platform launches with benchmark assessments for farmed shrimp and Argentine reds, frozen lobster tails and meat and scallops, as well as wild and farmed whitefish
New England council reduces overall groundfish quota nearly 5%
The biggest quota drop is for Georges Bank haddock, which would get just 1,515.4 metric tons in fishing year 2025, 77% less than the 6,570.9t allowed in FY 2024
New Espersen CEO fleshes out plan to mitigate 2025 Atlantic cod price, supply ‘crisis’
Rocketing prices for Atlantic cod, which look set to continue into 2025 with a further 25% reduction in Barents Sea supply, mean Espersen must change strategy, its new CEO said
Norway postpones introduction of electronic monitoring for small vessels
Norway's fisheries ministry has decided to postpone new requirements for vessels between 8-10m due to next year's historically low catch quotas
Changes at top continue for Espersen as CFO, senior finance exec move on
Espersen's new CEO is building a management team to face an unprecedented cod shortage in 2025
Norway, Greenland reduce 2025 cod, haddock quotas amid declining stocks
Greenland and Norway have concluded negotiations for a bilateral fisheries agreement, with both nations agreeing to reduce fishing quotas for several species due to declining stocks
Icelandic cod, haddock auction prices enter holiday season at annual highs
Auction prices for both species have seen a significant jump in the latest week -- typical as fishers start to tie up for Christmas, but from a much higher starting point than usual
Norwegian, Russian H&G haddock prices rise with cod stable
Week 49 saw further increase in the prices for frozen Norwegian and Russian H&G haddock on tiny volumes, with cod from both countries seen stable at the current record levels