Groundfish Forum day two recap
Undercurrent News reported live from the 2024 Groundfish Forum, being held Oct. 15-17 in Copenhagen, Denmark.?
Although members of the media are not permitted to attend the event, Undercurrent's team brought readers updates based on conversations with key market players over the forum.
Full Cape hake quota likely to be caught for 2024, next year’s TACs to come
Although difficult winter weather in 2023 left South Africa’s Cape hake haul some way short of the full quota, this year is likely to see the full total allowable catch (TAC) taken, according to Sea Harvest Group Ltd ’s chief operating officer Konrad Geldenhuys . Read the full story here.
Early end to US Pacific hake fishery will ‘leave shortfall’ on fillets, surimi
US vessels have stopped harvesting Pacific hake (also known as whiting) early, which will leave a shortfall of fillets and surimi, the CEO of American Seafoods Company (ASG) told Undercurrent News. Read the full story here.
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Post-war lifting of Russian sanctions would benefit all pollock producers, says American Seafoods CEO
A normalization of global pollock trade with the lifting of sanctions and trade barriers on Russia would benefit all producers, said the CEO of American Seafoods Group (ASG), the largest US at-sea Alaska pollock processor. Read the full story here.
Norway’s cod sector forced to turn to saithe, alternatives
The following years are going to test Norway’s cod processing sector to the limits of its resilience, with the focus now on utilizing every commercial species on offer, according to Nordic Group managing director Morten Hyldborg Jensen .
Barents Sea cod harvesters unlikely to see quota recovery until 2028
A forecast of the future of the Barents Sea cod stock presented by Johanna Fall, a researcher from Havforskningsinstituttet , makes for grim reading. Read the full story here.
Farmed ‘snow’ cod can only supplement wild-caught, not replace it
With wild-caught cod volumes out Norway set to plummet next year (see below), cod farmers would seem to be in a place to capitalize on the deficit. Read the full story here.