Undercurrent News

Undercurrent teases new weekly podcast series ‘Catch the Current’

Fri, 17 Jan 2025 18:27:08 +0000


Undercurrent News will kick off its brand new podcast series at the National Fisheries Institute's Global Seafood Market Conference, next week in Palm Springs, California 

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US wholesale: Chilean salmon prices climb in week 3 amid tight supply and growing demand

Fri, 17 Jan 2025 18:09:11 +0000


Chinese buyers are competing for larger fillets and whole fish, adding further upward pressure

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Snow crab prices keep soaring in US as sellers scrape for supply

Fri, 17 Jan 2025 17:36:57 +0000


'Pricing [on snow crab] has been firm, and sellers are confident even when they raise prices on all sizes and origins. They continue to sell into the rally' -- Gary Morrison, UCN's price reporting agency

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Canada to unveil Trump tariff retaliation plan on Monday

Fri, 17 Jan 2025 17:34:59 +0000


Seafood plays a significant role in Canada's trade relationship with the US, making the sector's reliance on the market a critical factor in any retaliatory measures

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US wholesale: Value added premiums drive changes in week 3 shrimp prices

Fri, 17 Jan 2025 17:28:53 +0000


All changes to the US wholesale prices in week 3 for imported, farm-raised white and black tiger shrimp were in peeled and deveined categories amid growing interest for this product

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Good Samaritan vessel aids US Coast Guard in rescue of 2 Alaska fishermen

Fri, 17 Jan 2025 17:06:18 +0000


'The use of a functioning and properly registered (emergency position-indicating radiobeacon) means quite literally the difference between life and death' -- Sean Streyle, US Coast Guard

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Salmon Evolution reaches milestone in phase 2 build

Fri, 17 Jan 2025 16:54:03 +0000


'Construction is proceeding according to plan and at a high pace' -- Trond Hakon Schaug-Pettersen, Salmon Evolution 

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US kelp producer names Mikel Durham as temporary CEO after investors buy $3.8m stake

Fri, 17 Jan 2025 16:42:29 +0000


'This funding will continue to help us build momentum and amplify our positive impact and returns' -- Mikel Durham, Atlantic Sea Farms

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Largest Norwegian salmon see steeper price drop, Chilean climb

Fri, 17 Jan 2025 16:08:53 +0000


Spot prices for Norwegian farmed salmon are continuing to fall in week four of 2025, while Scottish are following suit but Chilean have climbed steeply

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Chilean court imposes travel ban on former Australis execs, sets 180-day investigation

Fri, 17 Jan 2025 15:55:07 +0000


A Chilean court has imposed a national travel ban on former Australis Seafoods executives Isidoro Quiroga and Santiago Garreton as it sets a 180-day investigation period into allegations of fraud and mismanagement

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