3-Minute Market Insight: After several months of strong movement, we have seen a lot of lower quality #1 Headed and Gutted Sockeye Salmon left over in the market. Buyers should be wary of sockeye offers right now - Don't be fooled by value pricing, as you are likely buying inferior quality.
What a difference a year makes for the halibut bycatch controversy in the Bering Sea at the December meetings of the North Pacific Fishery Management Council in Anchorage. The flatfish factory trawlers, vilified for much of this year, reported vigorous and voluntary efforts at halibut conservation, and even received praise from the Pribilofs. Their zeal was prompted by what might be termed resolution number two-by-four of the fish council last summer, which slashed halibut bycatch by 25 percent.
The world's sockeye market is looking a little better than it did in the spring with more fish moving off shelves and out of warehouses, but a recent report says there's still more to be sold. A new trade agreement could offer a little help with that, however.
Each fall, McDowell Group Fisheries Analyst Andy Wink helps that company put together a market report for the Bristol Bay Regional Seafood Development Association.
Wink said that so far this fall, sockeye has been selling faster than it did in 2014 for both frozen headed and gutted product, and filets.
Federal regulators on Thursday approved a genetically engineered salmon as fit for consumption, making it the first genetically altered animal to be cleared for American supermarkets and dinner tables.
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The approval by the Food and Drug Administration caps a long struggle for AquaBounty Technologies, a small company that first approached the F.D.A. about approval in the 1990s. The agency made its initial determination that the fish would be safe to eat and for the environment more than five years ago.
Next year promises to be a big year for sockeye harvests. Both Bristol Bay and Upper Cook Inlet are forecast to have sizable sockeye returns in the midst of global and domestic market hostile to U.S. higher sockeye prices detailed in a new economic report.
With the holiday season coming into full swing in December, retail suppliers of wild Alaska seafood both online and in local shops say sales are on par with a year ago and they are upbeat about a good season.
A new study says levels of toxins responsible for paralytic shellfish poisoning are well above the Food and Drug Administration’s limit in the Haines area. One researcher says further testing of commercial crab and shrimp from the area could kill the region’s fisheries.
SeaShare, the Seattle-based non-profit dedicated to distribution of high quality seafood to food banks nationwide, has received a donation of 450,000 portions of oven ready pollock and hake from the At-Sea Processors Association.
SeaShare’s Mary Harmon said Aug. 25 that the APA rallied once again to generate its annual donation of the lightly breaded four-ounce portions.
Deliveries of wild Alaska salmon to processors reached nearly 236 million fish as of Aug. 25, exceeding the Alaska Department of Fish and Game’s forecast by more than 15 million fish, and the pink salmon forecast alone by upwards of 26 million fish.
The humpy harvest alone stood at 166.6 million fish. Processors had also received some 503,000 kings, 13.7 million chums, 2.4 million silvers and 52.6 million reds.
In the first five months of 2015, fishery and aquaculture product exports from Chile reached a value of USD 2,192 million, 24 per cent less than in the same period of 2014, when USD 2697.6 million was obtained.
During a Monday call with reporters, Alaska Senator Dan Sullivan says a Trade Customs Bill could help get more Alaska seafood into foreign markets.
“We’re working on, in that bill, that would dramatically increase market opportunities for our seafood. You know, Alaska is the super power of seafood, we harvest more seafood than the rest of the country combined, and that would go after the highly subsidized fishing fleets of foreign nations. And we’re encouraging the administration, in these trade agreements, to go after unfair subsidies for other fishing fleets.”
A robust forecast, followed by what first appeared to be a season gone bust in Bristol Bay, culminated with a run of wild sockeyes exceeding 50 million reds, and the price to fishermen sank.
"Everybody's concerned with the price," said Dave Harsila, president of the Alaska Independent Fishermen's Marketing Association, and a veteran Bristol Bay harvester. "I don't think anybody expected it to be that low, but that's what it is.
Two seafood industry trade associations have come to an agreement to transfer, effective for the 2016 season and beyond, ownership of the Marine Stewardship Council sustainability certificate for Alaska salmon.
The transfer announced July 21 by the Pacific Seafood Processors Association and the Alaska Salmon Processors Association is to be completed by Oct. 1.
The agreement will have no impact on sales for 2015.
The Marine Stewardship Council (MSC) has launched a new global fund for supporting critical fishery science research and projects aimed at strengthening knowledge and global capacity to assist small scale and developing world fisheries in their journey to achieving MSC certification.