Undercurrent News

Lobster co-op bankruptcy battle forces sale of marine facility in US state of Maine

Thu, 18 Jun 2026 16:50:11 +0000


The pending sale is the latest development in a long-running dispute between the Pettegrow family and Lobster 207, the wholesale business operated by the Maine Lobstering Union

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Anchovy fishing collapse dents Peru landings, threatens fishmeal supply

Thu, 18 Jun 2026 16:42:25 +0000


Peru's seafood landings fell 30.8% in March as anchovy catches collapsed, hitting supplies for the country's fishmeal sector

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US wholesale: Live lobster prices rebound off bottom; Coldwater tails surge due to limited raw material

Thu, 18 Jun 2026 16:17:16 +0000


Live lobster buying has woken up after prices hit near-record lows last week

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Canadian harvester, processor feels shortchanged by cod quota decision

Thu, 18 Jun 2026 16:11:10 +0000


Quota details from Canada's Department of Fisheries and Oceans show LabShrimp will have access to more cod this year through its own offshore licenses and increased inshore quotas for Labrador

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Russian sanction risk adds to EU pollock sector woes as prices rise, US sellers hold off on B season offers

Thu, 18 Jun 2026 15:57:16 +0000


On the third Thursday of every month, UCN publishes price assessments for Chinese, Russian and US PBO pollock fillet blocks, with further rises seen in June amid an EU sanction proposal on Russia which could include the species

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Skipjack tuna prices decline in Thailand, remain flat in Ecuador despite raw material shortages

Thu, 18 Jun 2026 15:41:17 +0000


Industry sources suggested that tuna prices could rise in the short term if catches remain light

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US approves $123m in disaster funding to Alaska, West Coast fisheries

Thu, 18 Jun 2026 14:44:14 +0000


'NOAA will continue to provide guidance and resources to boost recovery and support more resilient fishing communities in the future' -- Eugenio Pineiro Soler, National Marine Fisheries Service

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US wholesale: Targeted discounts drag Latin American shrimp to new lows

Thu, 18 Jun 2026 13:18:28 +0000


While baseline volumes remain solid, reliance on price concessions has triggered a widespread downward resetting of wholesale levels

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US shrimp importers pay $312.7m in tariffs over first four months of 2026, on pace to finish 2026 11% behind

Thu, 18 Jun 2026 12:54:33 +0000


'US shrimp imports are recalibrating this year after a rush to frontload ahead of planned tariffs in 2025, helping to balance softer demand' -- Gary Morrison, senior UCN trade analyst

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Trade insights: India’s US shrimp shipments claw back to year-earlier levels in April

Thu, 18 Jun 2026 11:03:59 +0000


India's shrimp exports to the US returned to year-earlier levels in April, in a sign that trade has recovered from the punitive tariffs imposed in August 2025

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