Ecuador shrimp farmers see prices dive as production costs escalate
Ecuador shrimp farmers worry about their businesses due to high costs driven by Russia's invasion of Ukraine. Meanwhile, China is facing its largest COVID outbreak in months
Peru’s Produce sets 2022 jumbo squid quota at 500,000t
Peru's ministry of production, Produce said the quota can be modified based on the availability of the resource
Editor’s choice: Viciunai on the defensive; Canada crab price talks tricky
Neil Ramsden, EMEA editor of Undercurrent, brings you a roundup of the main stories from the previous week
AquaChile took $36m loss on sale of Costa Rican tilapia unit
Chilean salmon powerhouse Empresas AquaChile took a $36.4 million loss when it sold its Rainforest Tilapia unit to Costa Rican seafood processor and exporter Industrias Martec
Norway salmon prices push NOK 100/kg, with Scottish, Chilean still high
Spot prices for Norwegian farmed salmon are pushing the NOK 100/kg level once more, while Scottish are either flat or up, and the dip in Chilean prices could flatten or even rebound
April skipjack raw material prices rocket to nine-year highs
Skipjack tuna raw material prices are surging up in processing hubs in Asia and Latin America, with fuel prices rising and fishing slow, sources told Undercurrent News
Blumar’s Laguna Blanca brand to expand to Europe, Asia after successful US launch
Chilean farmer Blumar aims to expand sales of its antibiotic-free salmon brand Laguna Blanca in Europe and Asia after its successful launch in the US six months ago
DataSalmon: Chile salmon price to Brazil keeps rising in week 11
DataSalmon's data for week 11 of 2022 shows the beginning of the decline in spot prices for the US market, and for China, but no such stall in Brazil
Trade insights: China’s shrimp imports increase 26% in Jan, Feb
China imported 114,000t of frozen warmwater shrimp in the first two months of 2022, according to Chinese customs
With $300m Multi X deal, Cargill enters fish farming with ‘CPG mindset’
Cargill's seafood plans are in full swing, Tim Noonan, the managing director of seafood within the ag giant's Protein and Salt division told Undercurrent News