Denmark’s Nowaco sees 2023 sales cut by soft demand, trade challenges
Danish seafood and food trading group Nowaco reported a decline in revenue amidst challenging market conditions, down 6%
Sharp increase in Argentina’s illex squid sales offsets hake, shrimp export drop
Argentina's fisheries sector saw its exports of illex squid rise by 103% in volume and 120% in value year-on-year in June
Week 32 Peterhead cod prices rise on lack of imports, mixed bag on haddock
Prices for cod and larger haddock up in week 32 on Peterhead auction, the largest in the UK for whitefish, which is now featured on the Undercurrent prices portal
USDA solicits bids for Pacific rockfish, whiting products
The bid comes on the heels of an announcement from the US Department of Agriculture that it intends to increase its purchases of Pacific rockfish and whiting
UCN’s seafood pricing data portal now at 2,800 sets with daily Japan, UK additions
Recent daily pricing additions from a huge wholesale market in Japan, as well as to two key UK fresh auctions, have taken UCN's industry-leading portal past 2,800 data points.
Record anchovy landings drive dramatic growth in Peru fishing
In May 2024, Peru's seafood landings amounted to 1.55 million metric tons worth PEN 784.7m, marking astonishing y-o-y increases of 1,076.1% and 329.2% respectively
Ex-Mowi exec Nattero joins Chilean salmon exporter to boost international sales
Ex-Mowi exec Gianfranco Nattero has joined Chilean salmon exporter Sea Garden Export in a move aimed at revitalizing the company's international sales, he told Undercurrent News
Japan, China boost Chile’s seafood exports in H1 despite overall 5% decline
Chilean seafood exports amounted to $4.36bn in the first half of the year, down 5% year-on-year
USDA to buy $22m worth of Pacific hake, rockfish fillets
The expected order comes after industry groups and lawmakers from the US state of Oregon had requested more support from the agency earlier this year
Minority shareholder bids for bankrupt Canadian seafood company
A trail of litigation has followed the bankruptcy of Chester Basin Seafoods Group thanks in part to the animosity between the company's shareholders