Monday, March 25, 2024

Alaska Federal budget bill includes money to buy a Coast Guard icebreaker to be based in Alaska Alaska Beacon by Yereth Rosen - March 22, 2024  Money to purchase an icebreaker for the U.S. Coast Guard to be based in Juneau is in a pending federal defense bill more than a year after similar funding was dropped at the last minute from another budget bill, members of Alaska’s congressional delegation said on Thursday. https://alaskabeacon.com/briefs/federal-budget-bill-includes-money-to-buy-a-coast-guard-icebreaker-to-be-based-in-alaska/ Group seeks action to protect Yukon River salmon and subsistence KUAC by Dan Bross - March 22, 2024The Yukon River Inter-Tribal Fish Commission is requesting special action relative to this summer’s management of depressed salmon stocks. https://www.kyuk.org/science-and-environment/2024-03-22/group-seeks-action-to-protect-yukon-river-salmon-and-subsistence ANALYSIS: 2024 Pacific Halibut Season Outlook Urner Barry by Liz Cuozzo - March 25, 2024 As the start of each fresh halibut season arrives every March, anticipation sweeps along the Pacific coast of the U.S., Alaska, and British Columbia, as fishing vessels embark in their pursuit of the highly coveted Pacific halibut. Discussions about potential dock prices, landings, and initial fish prices fill the air as boats make their way back to port. Yet, reminiscent of last year's quotas, demand fluctuation, and pricing trends, market participants are tempering their anticipation, exercising caution in their expectations.The 2024 season commenced on Friday, March 15, and is scheduled to conclude on December 7, 2024. This year the overall annual catch limit is set at 35.29 million pounds, marking a 5% reduction compared to 2023, with commercial landings experiencing a 3% cut. Alaska's commercial catch limit for 2024 stands at...Want to keep reading? Unlock the full story by logging into COMTELL.

This story and more are available exclusively to subscribers on our premium COMTELL service. Be the first to discover market moving insights, articles, and analysis by subscribing today. Click here to find out how you can gain access to the leading market intelligence platform for agri-food professionals. https://www.seafoodnews.com/Story/1274342/ANALYSIS-2024-Pacific-Halibut-Season-Outlook

National NOAA Fisheries releases 2025 budget request of USD 1.2 billionPriorities include restoring fish to the Columbia River Basin and protecting biodiversity from offshore wind Seafood Source by Nathan Strout - March 22, 2024 NOAA Fisheries has requested a USD 1.1 billion (EUR 1 billion) budget for operations, research, and facilities in 2025, a slight decrease from the USD 1.3 billion (EUR 1.2 billion) Congress allotted the agency for fiscal 2023 and roughly equivalent to the fiscal 2024 funding congressional leadership agreed to earlier in March. https://www.seafoodsource.com/news/supply-trade/noaa-fisheries-releases-2025-budget-request Environment/Science Cooling sea temperatures are impacting Bristol Bay salmon harvestsResearchers are predicting an average sockeye run and harvest this year. Intrafish by Rachel Sapin - March 22, 2024 A new forecast from the University of Washington supports earlier predictions from the Alaska Department of Fish and Game (ADFG) suggesting that this summer's Bristol Bay sockeye harvest will be average in size. https://www.intrafish.com/fisheries/cooling-sea-temperatures-are-impacting-bristol-bay-salmon-harvests/2-1-1616391 Labeling and Marketing 3MMI - Snow Crab: Largest Fishery Starts Soon, Upward Price Trend TradexFoods - March 25, 2024 The start of the world's largest Snow Crab fishery is nearing around mid-April, Preliminary discussions suggest a potential reduction of nearly 10,000 MT in the Gulf. Canada has consistently supplied over 90,000 metric tonnes of snow crab globally, with the U.S. as a major importer, a trend expected to continue due to U.S. sanctions on Russian seafood. Despite low prices in North American markets in 2023, a Canadian supply shortage and the Russian ban could increase prices. Watch to Find Out More.  https://www.youtube.com/watch?v=_5ECP6BnikE&t=6s

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