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Foodservice operators face headwinds, but are optimistic about 2021

February 4, 2021 — Wage inflation and some Americans’ hesitancy to get COVID-19 vaccinations are both expected to hurt the foodservice channel this year.

Nonetheless, many suppliers and restaurant operators are optimistic about the resilience of the industry.

Read the full story at Seafood Source

US retailers notched record seafood sales in 2020

February 2, 2021 — U.S. retailers posted record seafood sales across the fresh, frozen, and shelf-stable categories, according to new data presented at the National Fisheries Institute’s Global Seafood Marketing Conference on 1 February.

Frozen seafood sales soared 35 percent to USD 7 billion (EUR 5.8 billion), fresh sales rose 24.5 percent to USD 6.7 billion (EUR 5.6 billion), and shelf-stable rose 20.3 percent to USD 2.9 billion (EUR 2.4 billion), according to 210 Analytics Principal Anne-Marie Roerink, citing data from IRI Worldwide.

Read the full story at Seafood Source

Biden’s “30 by 30” order could close-off 30 percent of US ocean to fishing

January 27, 2021 — The administration of U.S. President Joe Biden announced on 27 January that the president plans to sign an executive order that commits to a “30 by 30” goal first envisioned in the Ocean-Based Climate Solutions Act that was introduced to the U.S. House of Representatives in 2020.

The “30 by 30” plan aims to commit 30 percent of lands and oceans to conservation by 2030, which in the House version of the bill entails a complete ban on “commercial extractive use” in areas of the ocean conserved. The planned executive order, according to a White House statement, is intended to “tackle the climate crisis at home and abroad.”

Read the full story at Seafood Source

New NFI Chair Highlights Market Data and Expert Insights Available at Virtual GSMC

January 25, 2021 — The following was released by the National Fisheries Institute:

The President and CEO of Seattle Fish Co., Derek Figueroa, is the new Chair of the National Fisheries Institute. Figueroa helms the Denver-based seafood distributor that boasts more than a hundred years in business.

“Seattle Fish has a legacy of using technology and engagement to do more in the seafood space,” said Figueroa. “In 1918 this company created a cold chain system that used rail cars, sawdust and ice to transport fresh seafood to the landlocked state of Colorado. We were getting customers what they needed. That’s what NFI is doing with the Virtual Global Seafood Market Conference. We can’t meet in person, but the industry needs the data and insight we’ve come to rely on from GSMC. So we’re doing it virtually.”

The Virtual Global Seafood Market Conference runs from February 1st to the 5th for two hours each day. The GSMC Webinar Series lasts all year with biweekly offerings providing species-specific data and markets focused dialogue. Attendees can register for the GSMC Bundle package here.

Virtual GSMC will feature plenary presentations and sessions on Retail, Food Service, the Economy, Alternative Proteins and more. Keynote speakers from IRI, 210 Analytics, Datassentail, CattleFax, Urner Barry, Rabobank, and Wells Fargo will detail market shocks and recovery timelines. The program will also feature C-suite perspectives from leaders in retailer and foodservice, as well as an address from the man who knows a thing or two about pivoting, Bo Jackson.

As part of his just released video message, Figueroa notes the benefits of a virtual conference and webinar series include the fact that producers recognize, during a pandemic, things change by the “week, by the day, even by the minute.”

Derek Figueroa will address the Virtual GSMC on Friday February 5th with his state of the industry address.

Inaugurated as president, Biden faces host of pandemic-related woes

January 20, 2021 — As Joe Biden was sworn in as president of the United States on Wednesday, 20 January, the seafood and foodservice industries urged the incoming administration to provide additional funding for COVID-19 pandemic-related losses.

Today’s ceremony, making Biden the nation’s 46th president, capped off the tumultuous months between the November elections and Inauguration Day, marred by former President Donald Trump’s legal opposition to Biden’s election, along with a violent riot at the U.S. Capitol building earlier this month.

Read the full story at Seafood Source

NFI gearing up for virtual Global Seafood Market Conference, webinar series

January 19, 2021 — The National Fisheries Institute (NFI) has launched a webinar series intended to provide analysis of the latest trends affecting the global seafood industry.

The largest U.S. seafood trade group began hosting biweekly Global Seafood Market Conference (GSMC) webinars last week, with a focus on the global shrimp trade, which like most seafood categories, experienced wild fluctuations as a result of the COVID-19 pandemic. SeafoodSource is providing exclusive coverage of the GSMC Webinar series, which will be providing comprehensive market content throughout 2021.

Read the full story at Seafood Source

Seafood category saw big gains in 2020 despite COVID-19 turmoil

January 14, 2021 — Even as the COVID-19 pandemic upended markets, forced restaurant closures, and changed the way society functioned, the seafood industry managed to see significant gains in the category.

IRI data, combined with NPD data, shared during a panel that is part of the National Fisheries Institute’s Global Seafood Marketing Conference webinar series, indicates that the seafood industry saw net growth of 7 percent in 2020, equaling USD 800 million (EUR 657 million) in gains for the industry. SeafoodSource is providing exclusive coverage of the GSMC Webinar series, which will be providing comprehensive market content throughout 2021.

Read the full story at Seafood Source

Commercial fishing stakeholders optimistic about Biden’s pick for Commerce secretary

January 8, 2021 — Gina Raimondo received praise from fishing industry stakeholders on Thursday, 7 January, after reports broke that U.S. President-elect Joe Biden would choose her as his Commerce secretary.

National Fisheries Institute President John Connelly called Raimondo, who is currently the governor of the U.S. state of Rhode Island, an innovator capable of balancing the needs of conservation and commerce.

Read the full story at Seafood Source

New Labour Certification Standard Seeks Public Input

January 8, 2021 — The following was released by FISH Standard for Crew:

The recently announced FISH Standard for Crew, a voluntary, independent certification program for labour practices on fishing vessels, is seeking public comment from any interested parties on its draft Standard that third-party auditors will use to certify labour practices on fishing vessels. FISH Standard for Crew Inc. is the owner of the FISH Standard and represents a diverse collection of fish harvesting and seafood supply chain experts.  The Board of the FISH Standard for Crew engaged a global group of experts to help develop and refine the draft Standard.  It now seeks public input on the Standard.

“The FISH Standards Oversight Committee developed a robust Standard that is both rigorous and practical,” said Fridrik Fridriksson, chair of the FISH Standard’s Board of Directors and Chief Human Resources Officer at Brim. “Public comments will help ensure we did not miss any essential items.”

The FISH Standard for Crew requests that comments on the Standard be specific and reference clearly identified measures within the text. The nine-person Standards Oversight Committee and eleven-person Board of Directors will review all comments.

“This process is essential to ensuring a robust Standard,” said Fridriksson. “Being inclusive and transparent is an important part of the process to develop an accredited certification program.”

The comment period will run for 60 days and end 8 March 2021. FISH will not publish attributed comments, but may make public a summary of unattributed responses.

The full text of the Standard and the comment submission form can be found on the FISH website. Comments made using the template can be emailed to publiccomment@fishstandard.org.

NFI Statement on the Selection of Gov. Gina Raimondo as Secretary of Commerce

January 8, 2021 — The following was released by the National Fisheries Institute:

Gov. Gina Raimondo is an innovator who understands the vital balance between resource management and the needs of the business community. We are encouraged that President-elect Biden has chosen a policy maker from a coastal state, who knows the importance of harvesting and the full seafood supply chain, for this leadership position.

We look forward to working with her to ensure the continued sustainability of America’s fisheries and the entire seafood value chain.

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