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The delivered   prices for frozen, headed and gutted     are surging, driven by a combination of short supply and demand...
08/10/2025

The delivered prices for frozen, headed and gutted are surging, driven by a combination of short supply and demand from US buyers:

While Undercurrent adjusted up its week 41 CIF China price assessment on trawled and frozen Norwegian 1-2kg cod H&G by $100/t, the increase on haddock was more dramatic

After multiple years of stagnation, the global     harvest is expected to grow 2-3% in 2026, according to Kontali; but d...
08/10/2025

After multiple years of stagnation, the global harvest is expected to grow 2-3% in 2026, according to Kontali; but don't expect that growth to be evenly distributed:

Global salmon harvest is experiencing a ‘catch-up effect’ after years without growth

    giant Nissui has opened a new $89m production facility in  , US, through its subsidiary Gorton's, reinforcing its ma...
08/10/2025

giant Nissui has opened a new $89m production facility in , US, through its subsidiary Gorton's, reinforcing its manufacturing network and ambitions in value-added whitefish and :

The Japanese seafood giant has launched a new plant in Lebanon, Indiana, through its US subsidiary Gorton’s, reinforcing its North American base and global ambitions in value-added whitefish products

UCN is live from the     show, where latest headlines include a new CEO at the  ' Union Martin and Mowi's branded   push...
08/10/2025

UCN is live from the show, where latest headlines include a new CEO at the ' Union Martin and Mowi's branded push in :

Undercurrent News is reporting live, Oct. 6-9, from the Conxemar trade show in Vigo, Spain

The Market Current: How Trump’s tariffs are impacting US shrimp pricesUndercurrent News has launched The Market Current,...
07/10/2025

The Market Current: How Trump’s tariffs are impacting US shrimp prices

Undercurrent News has launched The Market Current, a weekly seafood pricing video series.

Here's an extract from the full first shrimp-focused video, where Gary Morrison, a UCN senior price reporter and head of strategy and business development, covers how US wholesale prices are being impacted by president Donald Trump's tariffs.

Gary Morrison, a UCN senior price reporter and head of strategy and business development, covers how US wholesale shrimp prices are being impacted by president Trump’s tariffs

US gov’t gives Indonesian shrimp exporters 28 days to certify shipments as radiation-freeThe US Food and Drug Administra...
06/10/2025

US gov’t gives Indonesian shrimp exporters 28 days to certify shipments as radiation-free

The US Food and Drug Administration (FDA) has given all Indonesian shrimp exporters in the country's two main production regions 28 days to meet its new import certification requirements to enter the market, after a product from one company was found with very low traces of the radioactive isotope Cesium-137 in August.

The FDA announced Oct. 3 that -- effective Oct. 31, 2025 -- the federal agency will require import certification for shrimp and spices from certain regions of Indonesia, based on the risk of potential contamination of the food with Cs-137.

There’s some confusion around whether the Oct. 31 date is a ship-by or an arrive-by date — ‘If it is arrive-by, we are done. If it is ship-by, we have a chance to get something sorted,’ says one Indonesian exec  

Wholesale Atlantic   prices in major cities in   began to ease in week 41 as peak demand for the National Day holiday pa...
06/10/2025

Wholesale Atlantic prices in major cities in began to ease in week 41 as peak demand for the National Day holiday passed:

Prices for head-on gutted Norwegian salmon (6-7kg) declined by CNY 13/kg w-o-w on Oct. 6

UCN is reporting live from the   trade show in  ,  ; the main trade show is preceded by an FAO conference on global   su...
06/10/2025

UCN is reporting live from the trade show in , ; the main trade show is preceded by an FAO conference on global supply and food security:

Undercurrent News is reporting live between Oct. 6 and 9 from the Conxemar trade show in Vigo, Spain

Prices on   's domestic whitefish auction appear to have stabilized over the last fortnight, having shot up since the st...
06/10/2025

Prices on 's domestic whitefish auction appear to have stabilized over the last fortnight, having shot up since the start of the season on Sept. 1:

Iceland’s whitefish auction continues to trade well above its normal level for October, but prices have stopped rising for now

UCN proposes launch of new US wholesale price reporting for mahi mahiUndercurrent News is proposing the implementation o...
03/10/2025

UCN proposes launch of new US wholesale price reporting for mahi mahi

Undercurrent News is proposing the implementation of weekly US wholesale price reporting for the mahi mahi market. We are gathering industry participant feedback to ensure these assessments align with market needs.

The UCN price assessments will reflect trade from the importer to the first receiver, focusing on imported frozen product. Coverage will include key producing regions in both and Central and South America. Initially, pricing will reflect carbon dioxide- (CO) treated product. Non-CO-treated product may be added in the future if market feedback warrants it.

This initiative aims to provide valuable and independent price benchmarks for the mahi mahi industry, complementing our established reputation as a credible global seafood prices, news and data supplier

Catch the Current episode 37: Reporting from the Global Seafood Alliance summit in ColombiaGreetings from Cartagena, Col...
03/10/2025

Catch the Current episode 37: Reporting from the Global Seafood Alliance summit in Colombia

Greetings from Cartagena, Colombia! This week, Catch the Current is recording from the Intercontinental Hotel, where the Global Seafood Alliance hosted its 2025 Responsible Seafood Summit.

Join Catch the Current host Amanda Buckle and Undercurrent News reporter Jacob Resneck as they share some of the major highlights from the event. Just be warned -- a lot of coffee was consumed over the past few days, so try to keep up.

Thank you to our sponsor: Wisefish.

The coffee was clearly flowing at this event. Can anyone guess how many cups Amanda had before recording?

Coldwater     has disappointed in Europe's two key fisheries -- the Barents Sea and   -- over the summer, prompting raw ...
30/09/2025

Coldwater has disappointed in Europe's two key fisheries -- the Barents Sea and -- over the summer, prompting raw material price increases:

Catch rates in the two most important fisheries have been poor over the summer, causing raw material prices to rise and processors to look to pass that on

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