Fri. Mar 24 2023

Multi X SA Reports Mass Mortality Event in Aysén Region Related to Low Oxygen  

China's Seafood Imports Increased in 2022

Frozen Shrimp Tempura Product Recalled Due to Undeclared Allergen

Maersk Debuts Flight Service Between Europe-China After Calls from Customers

GAPP to Take Home Top Honor from 2023 Innovation SABRE Awards North America  

Japan Fisheries Association Oppose Campaign by U of BC Professors Calling for High-Seas Fishing Ban

Hong Kong Customs Agents Seize Dried Fish Maws, Dried Shark Fins Worth An Estimated $300,000

Proximar Seafood Successfully Transfers First Batch of Salmon to Nursery  

Aquanor Marketing Rebrands to Aquanor Ice Fresh to Solidify Partnership With Samherji Summary Friday, March 24

Thu. Mar 23 2023

VIDEO: Imported Seafood Report; Snow Crab Update; Easter Spending

FFAW Still Waiting for a Response From Federal Officials on Snow Crab 3L Inshore Fleet  

Japan: Russian Crab Exports in 2023 Expected Frozen and Live 50-50  

Inflation Still Top of Mind for Restaurant Operators and Consumers

Ecuador Sees Greater Exports to China  

OSU, ODFW Unravel Whale Behavior and Ocean Conditions Leading to Entanglement Risk  

Lineage Opens New Headquarters in Madrid, Spain

Remacan Canarias Commits to Sourcing BAP, BSP-Certified Seafood Summary Thursday, March 23

Wed. Mar 22 2023

FDA Breaks Down New Approach to Seafood Import Safety in New Report

FFAW Releases Update on 3L Inshore Snow Crab Harvest  

The Retail Rundown: Seasonal Switch Supports Deli Counter

China Buys More King Crabs This Year  

Sernapesca Gives Update on ISA Outbreak at AquaChile’s Punta Entrada Center  

US Foods Debuts Spring 2023 Scoop Menu Solutions to Help Operators 'Stand Out from the Crowd'

Easter Spending Expected to Crush Records

Japan: January 2023 Surimi Imports Fall 17.7% to 14,665 Tons  

Target Issues Voluntary Recall of MOWI, Go Wild Products

Modern Plant Based Foods Looking to Acquire More Luxury Vegan Brands Following Vegan Caviar Buyout Summary Wednesday, March 22

Tue. Mar 21 2023

State of the Seafood Supply Chain Following Seafood Expo North America

Bumble Bee Foods, Conagra Brands Facing Class Action Lawsuit Over Sustainability Claims

Suit Charges State Violated Alaska Constitution in Mismanagement of AYK Salmon Fisheries

Defense of Alaska Fisheries Resolution Passes State Legislature

Abanca Receives an Offer From the American Company Red Chamber to Buy Nueva Pescanova

Claudio Cerda Joins Northwest Aquaculture Alliance Board of Directors

USDA Awards Canned Salmon, East Coast Groundfish Contracts  

Russian Government Will Prepare Reform of Domestic Salmon Market  

Japan: Bid Prices at Pollock Roe Auction in Seattle Up JPY100 Per Kilo for All Grades  

Aloha Poke Co. Opens 10th Store in Chicago Region

DoorDash Partners With PCC Community Markets to Offer On-Demand Grocery Delivery Around Seattle Summary Tuesday, March 21

Mon. Mar 20 2023

PODCAST: Ocean Beauty’s Ron Christianson Gives SeafoodNews the Scoop on their New Grill House Burger  

ANALYSIS: EU Market: Slight Increase of Warm Water Shrimp Imports in 2022  

ANALYSIS: Snow Crab Market Continues to Weaken in mid-March  

Ecuador Reports Damages to Shrimp Infrastructures Following 6.8 Magnitude Earthquake  

Western Pelagic Longline Fishery Interactions Pose No Risk of Extinction to ESA-listed Species

Oregon Commission Nixes Light Boats in Growing Market Squid Fishery  

January Surimi Production In Hokkaido at 866 Tons, Down 8%; National Surimi Products Output Up 4.7% Summary Monday, March 20

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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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