Undercurrent News

Week 16 US wholesale prices: Live lobster pours in from Canada; Crabmeat market remains firm

Wed, 15 Apr 2026 16:23:17 +0000


UCN's week 16 price assessments and market wrap-ups for US wholesale prices for crab, crabmeat, salmon, shrimp, lobster, groundfish, farmed whitefish and scallops are available on our pricing platform

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Snow crab processors hit Canadian fishing union leaders with CAD 2.5m suit

Wed, 15 Apr 2026 16:18:12 +0000


The lawsuit has been filed on behalf of five processors: Barry Group, Beothic Fish Processors, Quin-Sea Fisheries, Ocean Choice International and Quinlan Brothers

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Key Red Lobster investor reportedly marks down equity stake

Wed, 15 Apr 2026 16:15:34 +0000


As the seafood chain nears the second anniversary since it filed for bankruptcy, TCW Group, has reportedly rated its stake as being worth less than $1 million

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Week 16 Ecuadorian shrimp prices to China settle after downturn

Wed, 15 Apr 2026 16:11:45 +0000


After several consecutive weeks of declines, Ecuadorian offerings stabilized this week

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AZ Gems taps former COSFF sales exec to lead business development

Wed, 15 Apr 2026 15:45:20 +0000


AZ Gems, one of the US' largest shrimp importers, has been busy in recent months

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Chile seafood exports expand further in Q1 as salmon offsets shellfish decline

Wed, 15 Apr 2026 15:35:23 +0000


The US remained Chile’s largest seafood market in the first quarter of 2026, importing $779 million worth of products

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Canada commits CAD 400m for Chinook salmon conservation project

Wed, 15 Apr 2026 15:20:36 +0000


DFO program will mark hatchery-reared chinook salmon to enable harvesters to target those fish instead of vulnerable wild stocks

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US longline H&G Pacific cod prices hit new highs with international, domestic spread intact

Wed, 15 Apr 2026 13:56:15 +0000


All Pacific cod product forms continue to be in exceptionally high demand, with buyers still hunting for far more volumes than sellers can supply

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US distributor acquires specialty purveyor to expand Florida footprint

Wed, 15 Apr 2026 13:29:53 +0000


The acquisition of Q Plus Foods will strengthen Politis Steak and Seafood's operations in South Florida and accelerate its expansion into Central Florida, North Florida and Texas

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US Customs: Seafood importers, others to begin receiving tariff refunds in two to three months

Wed, 15 Apr 2026 13:22:37 +0000


CBP said it will begin accepting claims in its automated system on April 20. It expects to take 60-90 days after that to make good on refund payments

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