Thursday, July 9, 2020

July 9, 2020

Alaska

Alaska update: Salmon landings at 13.6 million, but the fish are small; longliners have taken a third of TAC
National Fisherman by Laine Welch - July 7, 2020
Alaska’s salmon catch was nearing 14 million fish as of July 7; more than two-thirds were sockeyes, mostly from Bristol Bay, where catches continued to build.
https://www.nationalfisherman.com/alaska/alaska-update-salmon-landings

Stronger together: Valdez seafood processors celebrate 40 years
National Fisherman by Richard Franks, Colby Boulton and Michael C. Waller - July 7, 2020
Our collective presence as seafood processors in Valdez is a direct result of the perseverance and hard work of the Valdez Fisheries Development Association and the fishing fleets of Prince William Sound. So it is only appropriate that we celebrate the 40-year anniversary of this local salmon hatchery together this summer. Collectively we represent Peter Pan Seafoods, Easy Freeze, and Silver Bay Seafoods, representing operations large and small, producing wild Alaska salmon products from commercial, sport and personal use fisheries. Our fish processing operations have grown, adapted and succeeded alongside the association during these past decades. Much has changed in those 40 years, but our working relationship with the Valdez Fisheries Development Association has grown stronger together.
https://www.nationalfisherman.com/alaska/stronger-together-valdez-seafood-processors-celebrate-40-years

ANALYSIS: Snow Crab Entering U.S. Market Right Along With 3-Year Average
Urner Barry by Janice Schreiber - July 8, 2020
With May 2020 imports released last week, we see that Canada’s snow crab imports are very much following typical cyclical behavior regardless of the pandemic situation within the U.S. marketplace. Imports for May 2020 are up 943 percent from April 2020 and following the sharp line upwards for May, which is the norm for when the Canadian season opens. As compared to May 2019, however, imports are down 12.1 percent out of Canada; additionally, year-to-date imports for Canada are down 22.3 percent compared to last year.  

When comparing YTD 2020 to 2018, 2020 is 12.8 percent higher. When comparing May 2018 to May 2020, 2020 is 10.2 percent higher. Currently 2020 is tracking just below the three-year average.  

It's interesting to note that once the fishery got underway and the initial delays due to COVID-19 were navigated, snow crab appears to have entered the U.S. market right along with the three-year average.  

The snow crab market has continued to see large gains upward in the past several weeks and the market continues to see rising prices from the start of the season in May. All sizes of snow crab out of both the Gulf and Newfoundland have moved...

Be the first to gain access to analysis pieces from Urner Barry market reporters. Subscribe to Urner Barry's Comtell today. Read the analysis on Comtell here.
https://www.seafoodnews.com/Story/1175464/ANALYSIS-Snow-Crab-Entering-US-Market-Right-Along-With-3-Year-Average


National
Seafood Fastest Growing Supermarket Category During Last Week of May
Urner Barry by Amanda Buckle - July 8, 2020
While the seafood industry has experienced many setbacks during the coronavirus pandemic, one silver lining has been the increase in consumption at home. Multiple reports over the last few months have explained how seafood purchases at supermarkets and other stores have set new records. And according to Nielsen, that trend has not slowed down. The data and information firm is reporting that seafood was the fastest growing supermarket category during the last week of May.

Nielsen’s data, as reported by Nation’s Restaurant News, shows that purchase volume of seafood increased 48% over the previous week, and 26% over the prior 13-week period. This is pretty impressive considering that prior to the pandemic, seafood was mainly consumed outside of the home. NOAA’s Fisheries of the United States Report estimated that consumers spent $102.2 billion on fishery products in 2017, of which a whopping $69.6 billion of that was spent at food service establishments.

In late March into April, at the height of the pandemic in the U.S., states prohibited restaurants from offering in-house dining. While take-out and delivery options were still available, many Americans were suffering from unemployment or job insecurity, which in turn impacted restaurant sales. But grocery store sales soared, especially for the protein markets. Beef and poultry was non-existent in some markets as shoppers stockpiled supplies. Plant-based proteins and seafood benefited as shoppers looked for alternatives. Chicago-based market research firm IRI reported that year-over-year sales of both canned and frozen seafood were approximately 37% higher for the four weeks that ended April 19.

Restaurants in many states have since reopened, which could potentially impact seafood sales at retail. But with cases of COVID-19 spiking in some areas, some have begun to implement restrictions again. Only time will tell if seafood can maintain its growth in the supermarket category.
https://www.seafoodnews.com/Story/1175473/Seafood-Fastest-Growing-Supermarket-Category-During-Last-Week-of-May


Environment/Science
Age and Growth Homework: Determining How Old Fish Are
Our scientists use technology and ingenuity to get their work done from home.
NOAA Fisheries - July 2, 2020
Sometimes it’s a good thing to “take your work home with you.” A team of scientists at NOAA’s Alaska Fisheries Science Center is demonstrating that it is possible to accomplish a lot while teleworking. Their job is to study and estimate fish age, growth, and reproduction for a number of commercially important fish species from the Bering Sea, Gulf of Alaska and Aleutian Islands.
https://www.fisheries.noaa.gov/feature-story/age-and-growth-homework-determining-how-old-fish-are


FYI’s
GAPP Seeks New Applicants for Partnership Program to Bring Wild Alaska Pollock to More Tables Across America
Genuine Alaska Pollock Producers - July 7, 2020
In a time where more consumers are cooking at home than ever before and seeking healthful protein options, the Association of Genuine Alaska Pollock Producers (GAPP) announced today that the Board of Directors has approved additional funding to support another round of its North American Partnership Program. The program, designed to heighten demand and awareness for Wild Alaska Pollock, will put a specific emphasis on proposals seeking to bring new product formulations to market and meet consumers where they are: hungry at home.
https://www.alaskapollock.org/about-us/news/gapp-seeks-new-applicants-for-partnership-program-to-bring-wild-alaska-pollock-to-more-tables-across-america
 

Pacific Seafood Processors Association
1900 W Emerson Place Suite 205, Seattle, WA 98119
Phone: 206.281.1667
E-mail: admin@pspafish.net; Website: www.pspafish.net
Our office days/hours are Monday-Friday
8:00 A.M. - 5:00 P.M.

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