Monday, October 19, 2020

October 19, 2020

Alaska

Bering Sea crab pots drop as season opens
National Fisherman by Laine Welch - October 15, 2020
Bering Sea crabbers are dropping pots for king crab, snow crab and bairdi Tanner when the fisheries get underway today, Oct. 15.
https://www.nationalfisherman.com/alaska/bering-sea-crab-pots-drop-as-season-opens

2020 proved well below average for PWS salmon
Pandemic year harvest was worth $49.64M, 57 percent below 10-year average
Cordova Times by Margaret Bauman - October 16, 2020
Commercial salmon harvesters had a challenging year in Prince William Sound, with the abundance of fish and the estimated value well below average, state fisheries officials confirmed in their season summary.
https://www.thecordovatimes.com/2020/10/16/2020-proved-well-below-average-for-pws-salmon/

IB 20-75: NMFS Prohibits Directed Fishing for Pollock in Statistical Area 630 in the Gulf of Alaska
NOAA Fisheries - October 16, 2020
Notice of a fishery management action.
The National Marine Fisheries Service (NMFS) is prohibiting directed fishing for pollock in Statistical Area 630 (between 147 degrees and 154 degrees W. longitudes) in the Gulf of Alaska, effective 12 noon, Alaska local time, October 17, 2020, according to James W. Balsiger, Administrator, Alaska Region, NMFS.
https://www.fisheries.noaa.gov/bulletin/ib-20-75-nmfs-prohibits-directed-fishing-pollock-statistical-area-630-gulf-alaska

ANALYSIS: King Crab Demand Improving During Pandemic
Urner Barry by Janice Schreiber - October 19, 2020
Upward pricing pressure continues to mount as supplies in the market for king crab remain extremely tight and inventories very thin. Supplies around the world are very light and reported demand continues to be insatiable.

Imports released for August 2020 show a year-to-date slight decrease overall for king crab and more specifically a 0.6 percent decrease out of Russia, the dominant supplier of king crab to the U.S. market. Looking further at the breakdown between red, blue, and golden king crab from Russia, a theme we have watched develop this year has been the shift of more red king crab hitting the market and less blue and golden king crab. Imports of red king crab out of Russia are up 26.6 percent YTD while imports of Russian blue and golden king crab are down 48.6 and 6.4 percent respectively.  

Even though supply out of Russia, overall regardless of species, is virtually the same this year as compared to 2019, demand appears to be improved and rising in spite of the pandemic. After a minor dip in April and a stagnant spring through the month of June, the market has climbed significantly since mid-July through this writing, with continued upward pricing pressure noted. 9-12 Russian red king crab is 8.2 percent higher than the end of August and 18.7 percent higher since the middle of May. Although foodservice in the U.S. market is shaky, king crab is finding its way to consumer’s plates.

With the growing demand, U.S. importers have been rapidly trying to replace product. However, major headwinds exist and the competition is reportedly fierce. Japan is reported to be leading the charge, offering higher than the U.S. in many cases and winning the battle for raw material and...

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/1183203/ANALYSIS-King-Crab-Demand-Improving-During-Pandemic


Labeling and Marketing
3MMI - STATE OF THE PACIFIC SALMON - DFO, Listen to the Testimony
TradexFoods - October 19, 2020
These sessions allowed key persons from all spectrums of the Seafood Industry in British Columbia, Canada to share their expertise on the state of Pacific Salmon in B.C. which is experiencing some of the lowest runs in Canadian history. We created this piece for sharing - in hopes that it would cross the desk of Canada's Minister of Fisheries, Bernadette Jordan, and even the desk of current Canadian Prime Minister, Justin Trudeau - as from what can be heard in the testimony - the industry is in big trouble.
https://www.youtube.com/watch?v=zdMk8wLAhHQ&feature=emb_logo


Opinion
OPINION: Bycatch limits should be based on the abundance
Bristol Bay Times by Phillip Lestenkof, Brian Ritchie, Linda Behnken - October 17, 2020
In Alaska, we are proud of our fisheries. Our ability to harvest fresh, wild seafood for our freezers, for recreation, or as part of our income is unique, and we are fortunate to live in a place where those opportunities still exist. The vastness of our oceans, our pristine habitat, and our traditions of responsible harvest sometimes make it feel as though our seafood resources are inexhaustible.
http://www.thedutchharborfisherman.com/article/2042bycatch_limits_should_be_based_on_the

 

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