Fri. Jul 1 2022

ANALYSIS: Wild Salmon Weekend as Heavy Retail Promotions Planned for Sockeyes Ahead of July 4th  


VIDEO: Tassal Rejects Bid; Nordlaks & Atlantic Sapphire; Mowi Brand Ambassador; Aid for Ukraine


SeafoodNews Closed on Monday, July 4


Southern Shrimp Alliance Requests That Additional 25% Duties on Chinese Goods Be Continued  


Cargill, Innovafeed Extend Partnership; Create Industry-First Insect Feed Expansion for Aquaculture  


New Zealand King Salmon Clears Up Sale Rumors  


Child Nutrition Program Gets $943M Boost to Buy American-Grown Foods in Nation’s Schools


King Oscar Now the Top Specialty Canned Seafood Brand in the U.S.  


Gulf of Mexico Reef Fish Shareholders' Alliance Says Biden Administration Turned Back on Fishermen


Pokemoto Signs Franchise Agreement in Tennessee Marking Another First


Silver Bay Seafoods Upgrades Plants With NorthScope ERP Software


Report Says Live Fish Carrier Market to Grow to $5.7 Billion Due to Growing Seafood Consumption


Inshore Rescue Boat Station in Rankin Inlet Opens for the Season


SeafoodNews.com Summary Friday, July 1


Thu. Jun 30 2022

This Week in Retail: This Year's July Fourth Cookout Could be Costlier


Bristol Bay Sockeye Run Set to Shatter Records  


Trident Seafoods Brings Home Most of $26 Million USDA Pollock Purchase  


VIDEO: ‘Game of Thrones’ Actor is Mowi’s New Brand Ambassador  


Russian Fishermen Oppose State Plans to Sell 25% of Domestic Catch Via Exchange Trading


Over 100 Maine Seafood Dealers, Processors to Take Share of $15 Million in Grants  


Summer Crab Management in Washington Takes Effect this Weekend  


Russian Snow Crab Price Fell 50% to $19 per Kilo at Busan Auction  


Mitsubishi Corp., Maruha Nichiro Establish Land-Based Salmon Joint Venture  


Grieg Seafoods Says New B.C. RAS Facility Going Swimmingly  


Blumar, Veramaris Partner to Improve Welfare, Quality of Atlantic Salmon


World’s Largest Retailer Joins Global Ghost Gear Initiative


True Westfjords Debuts Cod Liver Brand Oil ‘Dropi’ Using 1,000-Year-Old Process


SeafoodNews.com Summary Thursday, June 30


Wed. Jun 29 2022

The Winding Glass: What Lessons Do the 2009 Recession Hold for Seafood Marketers Today?


88% of Snow Crab Quota Caught in NL; DFO Extends Select Crab Management Areas  


Kuskokwim Salmon Get Relief from a Federal Court, AYK Chum Get Some Help From Area M Seiners


OBI Seafoods Expanding Ukraine Relief Efforts With The Help of Employees  


Southern Shrimp Alliance Supports Request for USDA Section 32 Shrimp Purchase  


Atlantic Sapphire Raises $125 Million, Lands Investment from Nordlaks  


G7 Commits $5 bln to Tackling Global Food Insecurity - U.S. Official


Plant-Based Seafood Firm Current Foods Closes $18 Million Funding Round, Cosigned by NBA Star


SeaBOS Launches First Progress Report After First Five Years in Operation


SeafoodNews.com Summary Wednesday, June 29


Tue. Jun 28 2022

Australia’s Tassal Group Rejects $700 Million Acquisition Bid from Cooke Inc.  


FFAW ‘Outraged’ Over Summer Shrimp Decision From Standing Fish Price Setting Panel  


Western Pacific Fishermen Losing Last Vestiges of U.S. Waters Open to Fishing; Council Frustrated


Biden Issues Global Strategy to Clamp Down on IUU Fishing and Labor Abuses


U.S. and Russian Frozen Pollock Roe Price Spike by 20-30%  


Appointments Announced for 2022 Regional Fishery Management Councils


Captain D’s Turning Up the Heat with New Spicy Batter Dipped Fish


Kingfish Company Receives U.S. Army Corps of Engineers Permit For Facility in Jonesport, Maine  


Plant-Based Firm ISH Food Company Lands B Corporation Certification


Coast Guard Inspectors Return to Anchorage After Supporting Opening of Bristol Bay Fishing Season


SeafoodNews.com Summary Tuesday, June 28


Mon. Jun 27 2022

ANALYSIS: Farmed Salmon Update Heading Into July  


Ecuador Protests Update: President Cuts Gasoline Prices By 10 Cents Per Gallon


Russian Far East Salmon Fishery Bullish Start, 4400 Tons of Sockeye in Two Weeks  


‘Major Achievement’: MSC Board of Trustees Approves Fisheries Standard


FSIS Issues Public Health Alert on Ineligible Siluriformes Products Imported from Korea  


DFO Releases Management Decision for NL Northern Cod Stewardship Fishery  


SeafoodNews.com Summary Monday, June 27


Grounded Packaging Launches New Sustainable Packaging Solution Made From 83% Recycled Materials


StarKist, Feed the Children Partner and Cornerstones to Provide Hunger Relief to 400 Families in VA


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This Week in Retail: Global Uncertainty and the Food Supply Chain

Headlines are currently dominated by the Russian invasion of Ukraine, which entered its eighth day today. The Russia-Ukraine war has forced a mass exodus of Ukrainians and upended the global marketplace as market participants brace for potential consequences for consumers, both domestically and abroad.

Russia and Ukraine produce and export an abundance of natural resources including crude oil, metals, and wheat. The Russian assault on Ukraine could have long-term ramifications for the global economy, which is already strained by the ongoing pandemic and enduring supply chain disruptions.

For the United States, the conflict between Russia and Ukraine could intensify inflationary pressures and further increase costs for commodities including fuel and food. 

Amidst the volatility currently engulfing the global landscape, grocers are also monitoring a shift in the retail food landscape. March 2nd signified the start of the Christian Lenten season, which typically slows meat sales as Lent observers switch to other proteins including fish.

Seafood feature volume increased to 36% this week, from 28% the week prior. Currently, most seafood features stem from fresh/frozen fillets. The complex—which includes catfish, cod, and tilapia—averages $7.43 per pound this week, up nearly 41.5% from a year ago. 

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