Undercurrent News

Japan farmed coho prices fall 30% at Miyagi season opening

Thu, 16 Apr 2026 19:59:44 +0000


Japan's farmed coho salmon season opened in Miyagi, with first-sale prices falling around 30% year-on-year amid weak demand concerns and large carryover stocks

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Russian pollock roe supply to Japan, South Korea ‘limited’ as output falls, demand shifts

Thu, 16 Apr 2026 19:59:30 +0000


Russian pollock roe supply to traditional markets in Japan and South Korea is set to be limited as output falls and volumes shift to China and the domestic market

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Newfoundland snow crab processors, harvesters settle on new price formula

Thu, 16 Apr 2026 19:05:33 +0000


Instead of a post-season audit to determine final dock prices, harvesters will now see dock prices adjusted weekly during the season as wholesale rates fluctuate for 5-8 ounce sections 

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Chinese pollock block price hikes continue before Barcelona show with Russian, US single-frozen short

Thu, 16 Apr 2026 17:42:01 +0000


'This will not be the end [of the price rises]' for single- and double frozen pollock blocks, one European executive told UCN ahead of Barcelona show next week

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US wholesale: Live lobster prices dive on Canadian LFA openings; coldwater tails at 52-week highs

Thu, 16 Apr 2026 17:03:42 +0000


In the first full week since significant fresh supply makes its way on to the market, prices are volatile with reported rates both above and below UCN's range

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Feds propose boost for Alaska salmon in Cook Inlet

Thu, 16 Apr 2026 16:55:26 +0000


The Cook Inlet salmon harvest is under federal management due to a US judge's order that the feds take over after Alaska state fishery managers closed the commercial salmon harvest outside the three-mile line

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Profand surpasses €1.1bn in revenue, cements status as Spain’s largest seafood firm

Thu, 16 Apr 2026 16:55:12 +0000


Profand recorded another strong year in 2025, with its earnings before interest, taxes, depreciation and amortization reaching €97 million

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US RTE salmon, tuna processor hit with second FDA warning letter

Thu, 16 Apr 2026 16:45:33 +0000


The US Food and Drug Administration reports having found HACCP violations while inspecting a seafood processing facility in Los Angeles, California

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UCN proposes launch of new CFR China price assessments for Argentine red shrimp

Thu, 16 Apr 2026 16:37:45 +0000


Undercurrent is proposing the launch of weekly price assessments for Argentine red shrimp on a cost and freight basis to China

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Canada’s fishing regulations continue to challenge lobsterman lawmaker

Thu, 16 Apr 2026 16:31:43 +0000


The decision leaves Prince Edward Island politician Sidney MacEwen caught between federal fisheries policy and provincial conflict-of-interest legislation

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