It is a case of lessons learned and contingency plans put into place for the farmed shrimp industry as it continues to deal with the aftermath of a global shortage brought on by early mortality syndrome (EMS).
In the wake of EMS, farmed shrimp supplies dropped and prices rose. In March, the U.S. Bureau of Labor Statistics reported that shrimp prices had jumped by 61 percent over the previous year.
The outbreak of EMS in Southeast Asia impacted… Read More
With a South American season that started late and ended early, those dealing in mahimahi were up against the age-old problem of supply not keeping up with demand as the season wound down in March.
As a result, most suppliers had to reallocate what they did get to satisfy their customer base.
Mike Walsh, VP at Orca Bay Seafoods in Renton, Wash., says a price dispute between the fishermen and processors resulted in the late start to the… Read More
While salmon continues to achieve a high level of popularity among all seafood offerings, many in the farmed salmon community are looking to delineate themselves within the overall salmon category by focusing on name recognition. Companies are hoping to make their products more visible and desirable among retail and foodservice customers through branding. Marine Harvest, the world’s largest farmed salmon producer, acquired smoked salmon… Read More
Using words like “stabilize” and “resurrect,” U.S. catfish producers are optimistic about their industry after facing several years of challenges from high feed prices, reduced acreage and competition from imports. They are also awaiting the impact of the recent decision to change oversight for catfish inspection.
The outcome of the 2014 Farm Bill included a provision to move catfish inspection from the Food and Drug Administration… Read More
Just as January’s Polar Vortex gave Americans a new perspective on what it means to be cold, the continuing shortened supply of, and steady demand for, sea scallops has made prices from a year or two ago seem like a bargain.
“Prices are through the roof,” said Mike DiNino, the scallop buyer for Fortune Fish & Gourmet in Bensenville, Ill. Over the 12 years that DiNino has been dealing in scallops, he said current prices are the highest… Read More
With supply exceeding demand in the short term, yellowfin tuna importers are looking for creative ways to start reducing inventories. A shortage of product in 2012 that resulted in a flurry of orders to build tuna inventories has left some importers with excess at a time when demand has waned.
Yellowfin processors in Vietnam, Thailand, Indonesia and the Philippines ramped up efforts at a time when contracts with higher prices were in the… Read More
As different as the lifestyles may be on the U.S. West and East Coasts, so too are the wild shrimp seasons — at least for the past couple of years. While harvests for pink salad shrimp are increasing in Oregon, Maine shrimpers may not even have a harvest this year.
Coldwater shrimp (Pandalus jordani) harvested off the Oregon Coast are having a great year, says Brad Pettinger, director of the Oregon Trawl Commission in Brookings, Ore. The 46… Read More
As a high-quality, mild-tasting and “approachable” protein, tilapia has been a consistent hit on the menu at Atlanta-based Boneheads, a quick-service restaurant format in the South.
The restaurant chain, which has locations in Georgia, North Carolina, Tennessee and Texas and is in the process of opening three more, goes through about 3,000 pounds of tilapia a month. James Walker, a member of Boneheads’ board of directors, says tilapia… Read More
A small but desirable segment of the seafood industry, langostinos are a limited-distribution product caught primarily by Chilean producers for sale within the United States.
The langostino industry is an example of how well a government can regulate and manage a fishery, says Robert Landy, VP of frozen purchasing for Stavis Seafood in Boston. Under direction of Sernapesca Chile, the Chilean fishing authority, the fishery has rebounded, he said.… Read More
Planning, projecting and prophesying can’t accurately predict the outcome of the yearly running of the salmon. After all, it is subject to all the vagaries that come with being a wild species.
The salmon arrived early this year in several Alaska rivers, the largest domestic wild salmon source. According to Andy Wink, an analyst with The McDowell Group in Juneau, Alaska, both Bristol Bay and Prince William Sound sockeye came in early but were… Read More