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US wholesale: SE Asia crab meat market firming quickly
US wholesale trade is firming amid lower import expectations
Modern challenges prompt revision of NOAA’s aquaculture plan after 40 years
The US' revised National Aquaculture Development Plan lays a roadmap for fully integrating aquaculture into the nation's seafood supply chains
Argentina enforces precautionary measures for hake, crab; Limits shrimp bycatch in new fishing plan
In its final session of the year, Argentina's federal fisheries council has approved a set of precautionary measures aimed at ensuring the long-term sustainability of the country's fisheries
Week 52 US wholesale seafood price assessments live
UCN's week 52 price assessments for US wholesale prices for various key commodities are available on our new platform
Japan’s Hokkaido chum season ends with record-low catch at 46,000t
The 2024 Japanese fall chum salmon fishing season has concluded in major districts in Hokkaido, with a record-low catch of 46,000t, marking one of the most challenging years
USDA recalls Vietnam catfish products not eligible for export to the US
Approximately 1,635 pounds of catfish products imported from Vietnam and shipped to retail stores in the US states of Arizona, California and Iowa are a part of the recall
Nova Scotia opposes DFO’s proposal on eel quota for Atlantic Canada
The Nova Scotia government said adding up to 150 new participants in the eel fishery would make it harder to monitor illegal activities
Louisiana crawfish farmers report high prices, early sales as season starts
The live shellfish, also known by their local nickname, mudbugs, are selling for as much as $8.99 per pound
Jeff Bolton named president of $500m PE-backed shellfish platform after Atlantic Capes deal closes
US PE Acon has named industry veteran Jeff Bolton president of its shellfish platform, having closed the long-awaited deal for the processing and sales divisions of Atlantic Capes
High mortality rates to hit Japan’s Mutsu Bay scallop production recovery
Mutsu Bay, Japan's second-largest scallop-producing region, is grappling with high mortality rates among juvenile scallops, jeopardizing hopes for a production recovery next season
DFO confirms 37 people charged with elver poaching in 2024
Officers arrested 169 people this year and seized 396.3 kilograms of elvers, Canada's Department of Fisheries and Oceans reported
Southern Oregon dungy crab fishery to remain shut for now
The Pacific Coast crab fleet remains months behind schedule, with managers pushing back most of the commercial harvest into 2025
Mowi reports salmon escape at northern Norway site, full scale unclear
Mowi has reported a fish escape incident at its Kviteberg site in Troms county, which occurred over the weekend of Dec. 21-22.
European plaice prices continue decline, common sole follows suit at Pefa auctions
European plaice prices have continued to decline in recent weeks at Pefa auctions, a trend now affecting common sole, which is following suit
Week 52 farm-gate shrimp roundup: Indian prices rebound, though supply concerns persist
Indian shrimp prices have rebounded at the start of week 52, while other major producing regions showed a range of movements in the final week of the year
In pictures: Christmas rush at London’s Billingsgate fish market amid uncertain future
Billingsgate Market, the UK's largest wholesale market for seafood, was a hub of activity on Monday as buyers flocked to secure fresh and frozen seafood ahead of Christmas
EU police forces break contaminated shellfish smuggling ring
Roughly 30t of mollusks and 6t of glass eels illegally fished in polluted waters have been seized by law enforcement authorities in Portugal, France, and Spain
Mitsubishi appoints new COO at marine products division
Kenichi Ito will oversee key group seafood subsidiaries, including multi-national salmon farmer Cermaq Group and Toyo Reizo, which dominates the global sashimi tuna market
Norwegian whitefish auction prices appear to reach plateau at year’s end, saithe down
Auction prices for frozen cod and haddock have finally held for a consecutive weeks, having jumped to unprecedented highs since Barents Sea quota cuts were confirmed
Daily recap: US investor Acon closes Atlantic Capes buyout; Russian crab giant continues fleet renewal
Undercurrent News presents a recap of the top daily seafood stories from Monday, Dec. 23
Captain Fresh closes deal for EU salmon processor Koral
India's Captain Fresh has closed the buyout of European salmon processor Koral from Abris Capital Partners
US investor Acon finally closes Atlantic Capes buyout to create $500m shellfish platform
Acon has closed its long-awaited buyout of the downstream division of US scallop giant Atlantic Capes with its Atlantic Sustainable Catch company, which also owns Northern Wind
Ahmed family’s UK shrimp businesses report close to £5m combined loss
A pair of UK seafood sister firms, Seamark and IBCO Limited, each posted a substantial loss for 2023 and narrowly escaped being struck off the UK's Companies House
Week 52 US wholesale price ‘market pulse’ updates available on key seafood commodities
Undercurrent News' week 52, Dec. 23-29, 'market pulse' updates on US wholesale prices for various key commodities are available on our new platform
Christmas demand boosts Chilean salmon prices to all key markets
'Prices in the US or Brazil are rising but not at the same pace as in Russia and China,' one executive said, referring to the recent weeks' trend
Japanese media reports China may lift seafood ban by early 2025
The Chinese government is reportedly considering lifting its ban on Japanese seafood imports as early as the first half of 2025
Oysters linked to norovirus outbreak sickens more than 80 people at LA Times food event
The US Food and Drug Administration released two recall notices this month for oysters potentially contaminated with norovirus
Weak domestic demand pushed Brazilian farmed tilapia prices lower
Brazil's farmed tilapia prices continued to decrease in November across all monitored regions, according to the country's Center for Advanced Studies in Applied Economics
Severely entangled North Atlantic right whale spotted off North Carolina
The sighting of this juvenile whale comes just a week after two other North Atlantic right whales were seen entangled in fishing gear off the Massachusetts coast
Atlantic Sapphire approves reverse split to streamline share structure
The move aims to simplify the US-based salmon company's stock and improve investor perception