Daily recap: Cooke closes Copeinca deal; India shrimp price rise goes on

Here's a recap of the top daily seafood stories from Tuesday, Nov. 26

• Cooke closes bumper deal for Peruvian fishmeal giant

Canadian seafood giant Cooke announced the completion of its acquisition of Corporación Pesquera Inca (Copeinca) of Peru on Tuesday, Nov. 26.?

• Week 48 farm-gate shrimp roundup: India extends price gains while other Asian origins diverge

Farm-gate shrimp prices in India continued their upward trajectory in week 48, leading broader market movements that saw mixed trends across major producing regions, according to price data from?Undercurrent News.

• Trump's latest tariff threat would cost US seafood importers $1.2bn annually

President-elect Donald Trump on Monday (Nov. 25) doubled down on his threat to start multiple new trade wars that would be painful for US seafood importers to confront.?

• Prices keep rising on Norwegian, Russian H&G Atlantic cod, haddock

Price levels for frozen, headed and gutted Atlantic cod and haddock from Norway and Russia continued to increase in week 47 (Nov. 18-24), according to Undercurrent sources.

• NOAA narrows Gulf of Mexico aquaculture sites from nine to six in new draft

The US National Oceanic and Atmospheric Administration released a draft on Friday narrowing down the number of potential offshore aquaculture sites in the Gulf of Mexico from nine to six.

• Japan's salmon roe prices soar to record highs amid global supply shortages

Prices for salmon roe, or ikura, in Japan, are soaring to record highs, driven by poor harvests in key regions such as Hokkaido, Russia's Far East, and Alaska, sources told Undercurrent.

• Fatal Nova Scotia fishing vessel sinking was result of 'severe' weather

A fatal vessel sinking that occurred off the shores of the Canadian province Nova Scotia in March 2022 was a result of "severe" weather conditions, according to a new 55-page report from the Transportation Safety Board of Canada.