GSMC
The National Fisheries Institute's Global Seafood Marketing Conference 2024 will be underway in Orlando, Florida from 21 to 25 January, and SeafoodSource editors are there to bring you all the latest news on the scene. Check back on this page periodically for all your GSMC 2024 updates.
Wild-catch salmon fisheries had an out-of-the-ordinary year in 2018, with some fisheries experiencing booms and others suffering busts
… Read MoreThe glut in the global supply of shrimp that persisted throughout 2018 will remain in 2019, as cold storage facilities in the United States continue to have supplies lasting months in storage.
A panel of experts at the Global Seafood Market Conference in Coronado, California on 17 January said cold storage facilities in the U.S. had, at times, 30 percent more shrimp in storage in 2018 than they did in 2017.
In addition, the panel predicted
… Read MoreCatch totals for Chilean sea bass remained steady in 2018, allowing for prices to level off below the all-time highs of 2017, when an eight-ounce portion was selling for upwards of USD 21.00 (EUR 18.43).
Chilean sea bass, or Patagonian toothfish, is caught the lower latitudes of the Southern Hemisphere. Catches have been stable at around 30,000 metric tons (MT) annually since 2014, with 30,439 (MT) caught in 2017 and 29,761 MT landed in 2018,
… Read MoreDemand for salmon continues to be strong globally, but the dual markets of the United States and China have salmon sellers licking their lips at the massive opportunity they represent.
Salmon’s position as a healthy staple is driving interest in the species worldwide, but the low rates of per capita consumption in the U.S. and China show that there’s still plenty of room to grow the markets in both countries, a panel of salmon
… Read MoreMaine’s lobster harvest was up slightly in 2018, but didn’t match the total of the record-setting 2016 season.
Fishermen in Maine landed a little over 110.8 million pounds (50,258 metric tons – MT) of lobster in 2017, after landing an all-time high of nearly 131 million pounds in 2016. Anecdotal data shared at the 2019 Global Seafood Market Conference revealed that the 2018 catch total finished at around 119 million
… Read MoreA recurring theme at the 2019 Global Seafood Market Conference, taking place from 15 to 17 January in Coronado, California, U.S.A., has been China’s dominance in the skilled processing sector, and whether rising labor costs would push that processing elsewhere.
A burgeoning middle class in China has steadily driven up the labor costs for skilled processing, particularly in the large groundfish processing sector. The trade for
… Read MorePangasius prices in the U.S. have nearly doubled over the past year-and-a-half and that increase has done little to deter demand for the fish, according to an expert panel at the Global Seafood Market Conference
… Read MoreAn overview of U.S. seafood preferences as seen through the lens of broadline distribution data from the 48 contiguous U.S. states has revealed islands of opportunity amidst a mostly flat market for seafood
… Read MoreThe Monterey Bay Aquarium Seafood Watch's released new precommendations for several species on Monday, 14 January, and an upgrade in the rating of two Sri Lankan crab fisheries are cause for celebration for the National Fisheries Institute’s Crab Council, local producer Taprobane Seafoods, and the fishery improvement projects that have worked to improve the sustainability of the regional crab fishing sector.
The blue swimming crab
… Read MoreGoing out to eat for younger consumer groups is all about experience, adventure, and togetherness. That’s what panelists at the 2018 Global Seafood Market Conference, hosted by the National Fisheries Institute, discovered when parsing out the preferences fueling the latest small-plate craze dominating foodservice.
Sharing is caring, particularly for millennials, who yearn for social dining experiences that go beyond just eating alongside
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