Saving Seafood

Price of Japan’s top tuna highlights country’s recovery from Covid-19

January 13, 2023 — The top bluefin tuna sold during the first auction of the year at Tokyo’s Central Wholesale Market in Toyosu reached JPY 36,040,000 (USD 274,120, EUR 256,785), carrying on a tradition started at the market’s former location in Tsukiji and signaling some recovery from the pandemic.

The high price has nothing to do with the actual value of tuna, nor with its relative scarcity. As in years past, it’s a PR stunt and a reasonably inexpensive way for the purchaser to get worldwide name recognition.

Read the full article at SeafoodSource

Above-average herring season winds down in Alaska

May 27, 2022 — The 2022 herring season in the U.S. state of Alaska has concluded successfully, according to the Alaska Department of Fish and Game.

In recent years, the fishery’s value has been estimated at around USD 5 million (EUR 4.7 million), down from the record of USD 55 million (EUR 51.3 million) in 1988, with most of the fish sold to Japan. Herring roe, or kazunoko in Japanese, is commonly eaten during Oseibo, the Japanese Christmas season. 

Read the full story at SeafoodSource

Japan, Russia settle salmon quota amid tensions over Ukraine

April 23, 2022 — Japan and Russia have reached an agreement over Tokyo’s annual catch quota for Russian-born salmon and trout, the Japanese Fisheries Agency said Saturday, despite delays and chilled relations between the two sides amid Russia’s invasion of Ukraine.

The agreement on Japan’s quota for the popular fish in waters near disputed islands north of Hokkaido is a relief for Japanese fishermen who were worried about the prospects amid worsening ties between the two governments.

Japan and Russia concluded talks Friday, setting a catch quota of 2,050 tons for salmon and trout this year in Japan’s 200-nautical-mile exclusive economic zone, the fisheries agency said in a statement. The quota is unchanged from last year, and Japan will pay 200-300 million yen ($1.56-2.34 million) in fees — depending on the actual catch — to Russia.

Read the full story at the Associated Press

 

Maine baby eels reach near-record prices as season ends early

April 18, 2022 — While their appearance is glass-like and puny, Maine elvers come with a price tag that’s a shock to many.

One pound of elvers, also known as baby glass eels, sells for more than $2,000, beating out a pandemic slump of just over $500 per pound, according to the Maine Department of Marine Resources.

These eels are on the rebound, as many close to the industry said this is the best season they’ve had in recent history. This season was so productive. In fact, the limits will be reached before May, more than a month before their expected end date.

But why so expensive? These elvers may be two inches now but can grow up to five feet long.

These eels will also be shipped across the world to China and Japan, where they will be farmed for their meat.

Read the full story at News Center Maine

Japan investigating fishmeal substitutes for aquaculture feed

April 15, 2022 — Researchers in Japan are investigating alternative sources for aquaculture feed as the country’s growing aquaculture sector hits the limits of the country’s traditional supply of aquafeed.

The main materials for aquaculture feed – fishmeal and fish oil – remain a limited resource. Despite increased substitution of other ingredients in feed, like soy proteins, poultry byproducts, and fish-processing waste, aquaculture feed prices are increasing, in part due to Russia’s  invasion of Ukraine, which has dampened the global supply of wheat and other ingredients used in fishmeal production.

Read the full story at SeafoodSource

 

Japanese tech companies aim to solve fisheries and aquaculture problems

March 25, 2022 — Japanese companies are increasingly creating high-tech solutions for problems faced in fishing and aquaculture, using things like artificial intelligence, robots, and more.

At the 24th Japan International Seafood Show – scheduled for 24 to 26 August at Tokyo Big Sight (officially known as Tokyo International Exhibition Center) – several companies plan to show off some of the new tech at a co-event called Fish Next Technology EXPO. Exhibitors will feature labor-saving technology for fishing boats, technology to achieve high-quality production, big data conversion, artificial intelligence (AI), Internet of things (IoT), information and communication technology (ICT), and robots.

Read the full story at SeafoodSource

 

Japan revokes Russia’s “most-favored nation” status

March 22, 2022 — Japan will follow America’s lead by revoking Russia’s most-favored-nation (MFN) status, resulting in higher prices to Japanese consumers for most imports from the country.

MFN status allows a country to receive the best trade terms given by its trading partner, such as the lowest tariffs or highest import quota, ensuring all countries with the status are treated equally. By revoking the status, Japan will subject imports from Russia to higher tariffs.

Read the full story at SeafoodSource

 

USDA trade officer in Japan sees opportunity for US seafood exports

January 28, 2022 — The Foreign Agricultural Service of the U.S. Department of Agriculture (USDA) maintains Agricultural Trade Offices (ATOs) in U.S. embassies and many consulates. The ATOs provide market information and help to coordinate promotions for U.S. exporters. SeafoodSource talked with the new director of the ATO in Osaka, Japan, Alexander Blamberg. Before taking up the post in August 2021, he was agricultural attaché at the U.S. embassy in Tokyo, where he focused on trade policy, working to expand exports of U.S. livestock, dairy, and poultry products to Japan.

SeafoodSource: What are your priorities coming into the post? Are there any new initiatives that you intend to try?

Blamberg: Japan is a highly developed market. It’s the fourth-largest market for U.S. agricultural exports overall, and it’s the third-largest market for U.S. seafood products. Still, it’s a very dynamic and competitive market. One of the most significant changes to the market in the last few years has been Japan’s implementation of new trade agreements – the CPTTP [Comprehensive and Progressive Agreement for Trans-Pacific Partnership], an agreement with the European Union, and of course, a bilateral agreement with the United States.

Read the full story at SeafoodSource

Tokyo Olympics’ sustainability legacy outweighs actual sales

September 8, 2021 — The Tokyo Paralympics wrapped up on 5 September, following the first-ever Olympic Games without spectators, and despite challenges related to COVID-19, the event was still a win for seafood sustainability – both the advocates and the organizations promoting it.

Exactly how much certified seafood was sold during the Olympics, and what percentage of that total was comprised of products certified as sustainable, will not be known until an external review of the procurement code and its operational performance is completed, which is expected by the end of 2021.

Read the full story at Seafood Source