Saving Seafood

Seaspiracy fueling plant-based surge in Europe, as Cargill becomes next big player to invest in seafood analog market

April 28, 2021 — Plant-based seafood analog products continue to gain in popularity in Europe. To meet that demand, suppliers have been launching new plant-based products, while companies traditionally aligned with the seafood industry have been investing in plant-based firms.

Agriculture giant Cargill is investing in Bflike, a start-up created by BOX NV. Bflike has patent-pending vegan fat and blood platforms, and it plans to license its proprietary technology and premix ingredient solutions to food manufacturers and retailers so they can commercialize their own meat and fish alternative products.

Read the full story at Seafood Source

Aquaculture becomes a net-positive

February 22, 2021 — The practice of farming finfish, shellfish and aquatic plants — by land and by sea — dates back 3,000 years as first the Chinese and then the Romans sought ways to supplement their food supplies with species such as carp and oysters.

In more modern times, support for aquaculture has ebbed and flowed along with concerns about animal health and welfare, worries over the effluent pollution caused by wastewater discharges, and the unintended impacts of production infrastructure such as pipes and pumps on natural ecosystems.

Now, a wave of technology innovation and funding from an eclectic group of companies ranging from Google’s parent Alphabet, to the Seed2Growth fund linked to Lukas Walton (grandson of Walmart founder Sam Walton), to Cargill and Chevron Ventures (both focused on fish-feed ventures) is changing the tide again.

In 2018, the last year for which figures were available, worldwide aquaculture production reached an all-time high of 114.5 million metric tons in “live weight,” representing a market value of almost $264 billion, according to a 2020 report by U.N. Food and Agriculture Organization (FAO). That amount accounted for 52 percent of global fish consumption. The annual growth rate will slow over the next decade, but FAO projects aquaculture will supply close to 60 percent of fish consumed globally by 2030.

Read the full story at GreenBiz

US aquaculture lobbying group urges Biden to prioritize local seafood production

January 29, 2021 — Stronger America Through Seafood (SATS), a trade group has emerged to promote aquaculture in the United States, has sent a letter to U.S. President Joe Biden, asking that his administration prioritize domestic seafood production.

Specifically, the group has asked that aquaculture be included as part Biden’s oceans and climate policies “as a means to build back a stronger, more resilient America.”

Read the full story at Seafood Source

Consumers crave a “better understanding of the story behind the food,” Cargill survey finds

May 18, 2020 — The power of transparency when it comes to building lasting relationships with consumers is apparent in the results of the latest Feed4Thought survey conducted by international aquafeed company Cargill.

According to Pilar Cruz, president of Cargill’s aqua-nutrition business, transparency in the supply chain is critical when building consumer trust – a notion reiterated in the new survey’s feedback.

Read the full story at Seafood Source

Will Trump’s executive order expanding fishing help the seafood industry catch needed profits?

May 13, 2020 — The coronavirus pandemic has decimated the seafood industry in the U.S. ​Following the widespread closure of restaurants and food service locations, many of the country’s fisheries have reported sales dropping as much as 95%. Thousands of commercial fishers are at risk of bankruptcy, The Washington Post reported.

Shortly after sales started to plummet, seafood companies — including Trident, Pacific Seafoods, High Liner, Cargill and Fortune International — wrote a letter to the Trump administration to ask for financial support. Although the industry anticipated the need for billions of dollars, the government only approved an aid package for $300 million at first.

Now the government is offering additional support with another $300 million in financial aid, as well as an attempt to bolster domestic production. Currently, domestic aquaculture production is either done on land or in state-controlled waters and is only a small portion of U.S. seafood. Aquaculture accounted for 20% of the country’s seafood production in 2016, according to NPR. The outlet reported that U.S. production is dwarfed by imports, which account for 90% of the country’s seafood consumption.

Read the full story at Grocery Dive

US industry, offshore farmers believe Trump’s order will have ‘huge’ impact

May 11, 2020 — An executive order issued May 7 by the administration of US president Donald Trump will have “huge” and far-reaching impacts on the country’s ability to farm its own seafood, particularly offshore, sources told Undercurrent News. The order establishes the National Oceanic Atmospheric Administration (NOAA) as the federal government’s lead agency for aquaculture permitting, set a two-year deadline for permitting most projects and seeks to develop “aquaculture opportunity zones”, among other provisions.

Its importance should not be  “underestimated”, Margaret Henderson of the group Stronger America Through Seafood (SATS) told Undercurrent.

“We in the seafood business know how much value we bring to the American public, we know how much value we bring to the global economy. But it’s not something you see batted around every day at the Oval Office,” she said.

She added that SATS was founded following a Nov 2017 meeting among representatives of companies such as Cargill, Pacific Seafood Group, Red Lobster, Fortune International, and Taylor Shellfish. The members met with the leadership of NOAA and Secretary of Commerce Wilbur Ross about their hope to bring change to the sector.

“They indicated to us a willingness to move something like this back then. We’d been in constant communication and had several White House meetings since that time and have been working very close with the entire NOAA team who really should credit for the language in this product. They’ve been working on this for a very long time,” Henderson said.

Read the full story at Undercurrent News

America’s Fishing Industry Appeals for Help During COVID-19 Shutdown

March 26, 2020 — The leaders of America’s domestic fishing industry have appealed to the Trump administration for help with the severe economic hardship created by the coronavirus epidemic. With consumers stuck at home and restaurants closed, the $100 billion-per-year demand for U.S. fishery products has evaporated overnight, according to the coalition – putting tens of thousands of well-paid jobs at risk. The coalition is calling for about $4 billion in federal assistance to maintain the fishery supply chain until the economy is back on its feet.

“Supply chains cannot be turned on and off like a light switch. Once lost, a supply chain and the infrastructure that supports it can be exceptionally difficult and costly to restart. Failure to act boldly now to preserve our country’s domestic seafood infrastructure will impose far greater costs on our economy and cause permanent damage to our nation’s ability to harvest, farm, process, and distribute seafood products,” the group wrote.

Their request includes:

  • Sustained USDA Section 32 funding at current levels, plus $2 billion for additional Section 32 activity supporting the domestically-produced seafood supply chain. The group asks for normal federal contracting rules to be lifted for these expenditures in order to accelerate disbursement. (Section 32 supports the purchase of food commodities, including fish, using customs tariff receipts.)

Read the full story at The Maritime Executive

Cargill plant-based salmon feed slated for US introduction in 2020

August 9th, 2019 — Latitude, a plant-based feed for aquaculture manufactured by Cargill, will likely be available for commercial use by 2020, the company told Seafood Source.

The product just received the okay for commercialization from the United States Department of Agriculture, which reviewed it through a risk assessment. The agency “no longer considers it a regulated GM crop,” Mark Christiansen, managing director for Cargill’s specialty oils business, told Seafood Source.

Read the full story at Seafood Source