Fri. Aug 12 2022

Feds Signal Management Shift on Kuskokwim if Coho Salmon Run Doesn’t Improve  


Man Sentenced to Nearly 20 Years in Jail for Scallop Boat Murder Off Massachusetts  


Surveys Reveal Consumers Believe Recession is Here; Many Concerned About Rising Food Prices


NOAA Fisheries Releases New Research Plan for Shellfish, Seaweed Aquaculture in Alaska


SeafoodNews.com Summary Friday, August 12


Thu. Aug 11 2022

ANALYSIS: Canada Lobster Tail, Meat Exports to U.S. Fall Short in June  


VIDEO: StarKist to Supreme Court; Cooke Acquisition; Bluu Seafood; AquaBounty Ohio Update


This Week in Retail: Reviewing the Chicken Complex; CPI Update


AK Updates: Lots of Fishing Going on Besides Salmon  


Former Bumble Bee Exec Thrown Back Into Canned Tuna Price-Fixing Litigation  


Wildtype and Conservation Fund Join Forces to Protect Pedro Bay Rivers from Pebble Mine


High Liner Foods Sees Volume, Sales, Adjusted Earnings Growth in Q2


Chinese Retailer Qdama Commit to Sourcing BAP-Certified Seafood


Maruha Nichiro Issues Japan’s First ‘Blue Bond’ Alongside 25% Operating Income Jump


EDITORIAL: U.S. Fish and Wildlife Service Strategy to Reintroduce Sea Otters is Flawed


Loki Foods Secures Funding, Unveils Sustainable Atlantic Cod Fillet Alternative  


Seafood People Hires Executive Coach Expert Mickael Melaye As New Senior Advisor


Scottish Seafood Processor Uses Grant Funds To explore New Ways to Smoke Fish


SeafoodNews.com Summary Thursday, August 11


Wed. Aug 10 2022

Canned Tuna Price-Fixing Lawsuit Heads to Supreme Court With StarKist Petition  


Cooke Inc. Acquires Belgium Shrimp Processor Morubel


As 2022 Fraser River Sockeye Return, Historical Notes on Year Class Show Variability, Resilience


Lawmakers Sound the Alarm on Seafood Traceability Concerns in Letter to FDA   


Russia: Crab Prices Fell By 50% this Year Due to Oversupply  


Japan: H1 Surimi Imports Up 10.3%, June Imports from the U.S. Fell 44.1%  


Seafood Industry Groups Comment on USTR’s Efforts to Combat Forced Labor in Foreign Supply Chains


Offshore Wave Energy Takes Center Stage as Politicians Visit Oregon State University


Louisiana Representative Pushing USDA To Purchase Seafood to Assist Fishermen Battling Inflation  


NOAA Looking for Applications for New American Fisheries Advisory Committee


Sober Island Brand OG Oysters Recalled Due to E. Coli  


Nova Scotia Opens Public Comments for Aquaculture Operations


SeafoodNews.com Summary Wednesday, August 10


Tue. Aug 9 2022

AquaBounty Releases Q2 Results; Issues Update on Pioneer, Ohio Farm  


One Fisherman Dies in Collision with USCG Cutter Near Puerto Rico


NaturalShrimp July Fire at Texas Facility Caused by Electrical Arcing  


Business, Industry Foodservice Operations Jumpy by 35% in Q2 as Employees Head Back to the Office


Southern Shrimp Alliance Opposes Proposed Trade Laws That Could Exempt Antidumping Duties


Bluu Seafood Presents First Market-Ready Products Made From Cultivated Fish Cells


Performance Team to Open Cold Chain Facility in South Carolina, Adds Capacity to Move More Protein


Sysco Sales, Earnings Jump in Q4 Amid Strong U.S., International Business


Global Seafood Alliance Survey Finds Chinese Consumers Top Focus is Food Safety


Chile to Streamline Exports of Seafood, Aquaculture Products in Republic of Korea Market  


SeafoodNews.com Summary Tuesday, August 9


Mon. Aug 8 2022

PODCAST: Alaska Salmon Update, Norton Sound Red King Crab Fishery, and More   


ANALYSIS: Blue Swimming Crab Meat Continues Decline Into August  


Nichirei Invests In An Insect Food Company TAKEO, Kyokuyo Invested In Microalgae Culture Company  


Forecasting Integrated into COMTELL Charts!


FFAW Meets With Premier Furey, Ministers Davis and Bragg About Corporation Concentration and Control


Japanese Fish Sector Continues to Bear Losses Due to Sanction Wars With Russia  


Thai Union Hits Revenue Record Amid Impressive PetCare, Value-Added Sales


SeafoodNews.com Summary Monday, August 8


Aqua Cultured Foods Adds to Technical Team with a Focus on Product Enhancement


Plant-Based Seafood Company OmniFoods Launching in Whole Foods Market in London and UK Online Retail


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News Summary June 29, 2022

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

The last time the seafood industry faced a genuine crisis was during the recession that started in 2008-09. During that time foodservice contracted but retail prospered by giving customers the opportunity to trade down to less expensive products. Looking at major seafood items, almost every single commodity lost substantial value between 2008 and 2010-2012, as U.S. consumers changed their buying habits. This is the situation we are heading into over the next year, and it is time to prepare for this changed business environment...

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