March 17, 2026
Day 18 of Iran War: Israel Claims Iran's Security Chief Killed; Oil Regains Some Ground
The US–Israeli war on Iran has entered its 18th day, with escalating strikes across multiple cities causing civilian casualties and widening regional instability.
Iran has retaliated against US assets, while Israel has expanded operations against Hezbollah in southern Lebanon. Gulf states report intercepting missiles and drones as airspace disruptions spread.
On Tuesday, Israel said it had killed Iran’s national security chief, while a senior Iranian official stated that the new supreme leader had turned down de-escalation proposals relayed through intermediaries...
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Day 18 of Iran War: Israel Claims Iran's Security Chief Killed; Oil Regains Some Ground
The US–Israeli war on Iran has entered its 18th day, with escalating strikes across multiple cities causing civilian casualties and widening regional instability.
Iran has retaliated against US assets, while Israel has expanded operations against Hezbollah in southern Lebanon. Gulf states report intercepting missiles and drones as airspace disruptions spread.
On Tuesday, Israel said it had killed Iran’s national security chief, while a senior Iranian official stated that the new supreme leader had turned down de-escalation proposals relayed through intermediaries...
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ANALYSIS: What India's Rising Shrimp Farmgate Prices Look Like Against the Seasonal Range
India's whiteleg 30-count farmgate price (ex-farmgate in Andhra Pradesh) has risen about ₹30 (₹435 to ₹465) since late June and early July, running through early August, against a dataset high of ₹505. The move is real. It is also normal, given the seasonal record.
The first large harvest of the year has wound down, and what is moving through the market now is the tail end of that supply. With demand holding roughly steady, tighter on-the-ground availability is doing...
Full Story »Grieg Family Splits Business Ownership and Brings in Belgian Co-Investor
After more than 140 years of unified stewardship, the Grieg family has divided the business ownership of the Grieg Group — separating the salmon farming interests of the Willumsen Grieg branch from the rest of the family and bringing in Belgian investment giant Ackermans & van Haaren (AvH) as a new co-owner and majority shareholder in Grieg Seafood.
Under the restructuring, announced August 27, the Willumsen Grieg branch will take over the group's 50.2% stake in Grieg Seafood ASA through the holding...
Full Story »Ecuador's Shrimp Industry Calls for Trade Retaliation Against Brazil Over Prolonged Import Ban
Ecuador's National Chamber of Aquaculture (CNA) is pressing the government to implement retaliatory trade measures against Brazil, nearly nine months after Brasília suspended imports of Ecuadorian shrimp over sanitary concerns with no resolution in sight.
Brazil banned shrimp imports from Ecuador effective December 9, 2024, citing unsanitary conditions identified during an inspection mission by its Ministry of Agriculture. Since then, the CNA says, market access has not been restored despite ongoing diplomatic engagement, leaving Ecuadorian exporters locked out of what had been a significant regional market...
Full Story »Expana's Weekly Top 10
This week’s Top 10 reflects a market still being shaped by trade disruption, supply chain strain and shifting demand signals across agriculture, food and energy. From geopolitical risk and tariff policy to low river levels in Europe and changing promotional strategies in retail and foodservice, the latest developments show how quickly operating conditions can shift, and how closely global commodity, logistics and end-market trends remain connected. This list is in no particular order.
Find archived recaps here.
Returning Weekly Columns
10. US sanctions on Iran intensified this week, while efforts...
Full Story »Back-to-School and Nostalgia Marketing Drive Menu Buzz In Foodservice
Foodservice operators are heading into fall leaning on nostalgia, value and expansion to drive traffic, strengthen loyalty and navigate a competitive operating environment.
Nostalgia continues to prove its staying power as an industry strategy, with operators revisiting familiar flavors, menu items and experiences to reconnect with consumers. Limited-time offers have become a particularly effective vehicle, creating urgency around products that already carry a sense of familiarity.
Taco Bell has brought back four fan-favorite 2016 menu items: the Naked Chicken Chalupa, Meximelt, Beefy...
Full Story »Supreme Crab & Seafood Adds Mark Laubner for Business Development and Culinary Support
Supreme Crab & Seafood, Inc. has added Mark Laubner to its team, where he will focus on business development and culinary support across the company’s customer channels.
Laubner brings experience from both sides of the foodservice business, with a background spanning food distribution sales, restaurant operations and culinary management. Most recently, he worked in food distribution sales and previously held an area management role with a national foodservice distributor. That experience gave him a strong understanding of customer negotiations, service...
Full Story »Proximar Sees Stronger Q2 Growth, Targets 3 KG-Plus Harvest Weights from September
Proximar Seafood reported improved biological performance in Q2 and said average harvest weights are expected to reach around 3 kg and above from September, a key step toward better pricing and profitability.
The company harvested 726 tonnes HOG in the quarter, up from 697 tonnes in Q1, while average harvest weight rose to 2.56 kg from 2.25 kg. Proximar said the increase came despite a targeted harvest of smaller fish from May to July aimed at retaining larger fish and lifting harvest weights...
Full Story »Iceland Seafood International Posts 16.7% Sales Jump in First Half of 2026 as Net Profit Doubles
Iceland Seafood International delivered a strong first half of 2026, with sales rising 16.7% to €273.0 million and net profit doubling to €2.2 million from €1.1 million in the same period last year. Normalized profit before tax climbed 26.1% to €2.9 million, and the company maintained its full-year normalized PBT guidance of €11.5 million to €13.5 million.
Growth was broad-based across all three divisions. The Sales and Distribution division was the standout performer...
Full Story »Pink Salmon Surge in Sitka and Kodiak Lifts Alaska Season Totals
A late-season surge of pink salmon into Sitka and strong returns in Kodiak have brightened Alaska's salmon harvest picture heading into the final stretch of the season.
The Alaska Seafood Marketing Institute's (ASMI) weekly harvest summary through August 22 showed the cumulative salmon catch had exceeded year-to-date 2025 levels — and 2024 levels for pink salmon — though totals remained well behind both the forecast and the prior-year cumulative harvest as the season began to wind down. That picture improved further after the report was distributed...
Full Story »Court Preliminarily Approves $2.25M Dungeness Crab Settlements
A federal magistrate judge has preliminarily approved $2.25 million in partial settlements in the Dungeness crab price-fixing class action, moving the case toward its first formal payout to class members while litigation continues against the remaining defendants, including Pacific Seafood Group.
US Magistrate Judge Alex G. Tse signed the order on August 24 in the Northern District of California, clearing settlements with Pacific Dream Seafoods, Inc. ($1 million), Caito Fisheries, Inc. and four Caito family members ($1.25 million), and non-party Fisherman's Choice LLC, which agreed...
Full Story »Gloria Maris Côte d’Opale Becomes First French Seabass and Seabream Farm Certified to ASC Standard
Gloria Maris Côte d’Opale has become the first French seabass and seabream farm to receive the Aquaculture Stewardship Council (ASC) Seabream and Seabass standard certification, following an audit conducted by a Conformity Assessment Body (CAB) to verify compliance with the standard.
ASC announced the news yesterday, saying the certification increases the availability of farmed seafood in France that meets ASC’s environmental and social requirements.
“ASC congratulates Gloria Maris Côte d’Opale on this remarkable achievement. As a pioneer...
Full Story »Hokkaido's Nemuro Anglers Asked to Stand Down as Fall Chum Forecast Drops 52% to Record Low
Hokkaido’s Nemuro region is calling on the general public to refrain from salmon fishing as part of the program to secure broodstock for the hatchery.
According to Minato Shimbun, the Nemuro Area Salmon and Trout Propagation Association will once again implement voluntary restrictions at the start of the fishing season to secure enough fall chum salmon broodstock for hatchery release. In conjunction, the association is collaborating with local municipalities—such as Shibetsu Town—to urge anglers to voluntarily refrain from...
Full Story »Poké House Debuts in Nevada With First Las Vegas Location
Poké House is bringing its build-your-own bowl concept to Nevada, with its first location in the state set to open Aug. 28 in Las Vegas.
The fast-casual poke brand will debut at 7175 W. Lake Mead Blvd., Suite 168, marking a strategic move into a market known for its growing food scene and global visibility. Company leaders say Las Vegas stood out as a natural next step for the brand, which has built its identity around customization and ingredient...
Full Story »Canada Targets US Lobster, Salmon, Pollock With 25% Counter-Tariffs
Canada will impose 25% counter-tariffs on American fish and seafood effective September 8, escalating a trade war that now threatens one of the world's most deeply integrated bilateral seafood supply chains.
The measures, announced August 25 by Prime Minister Mark Carney, cover roughly 700 US product lines at rates of 15%, 25% and 50% — a dollar-for-dollar response to US Section 338 tariffs of 50% that took effect August 19 on select Canadian imports after trade talks between the two countries collapsed. Fish and seafood fall...
Full Story »USDA Announces $156 Million in Commodity Purchases to Support US Producers
The US Department of Agriculture has announced plans to purchase $156 million in agricultural commodities from American farmers and producers, with the products to be distributed to schools and food banks through federal nutrition assistance programs.
The purchases will be made by USDA's Agricultural Marketing Service using Section 32 funds — a standing authority under the Agricultural Adjustment Act that allows the agency to buy surplus or price-distressed agricultural commodities to support domestic producers while supplying federally managed distribution channels.
The full commodity breakdown is as follows...
Full Story »Restaurants Lean on Efficiency and AI to Protect Margins, Toast Survey Finds
Toast’s annual Voice of the Restaurant Industry Survey finds operators doubling down on profitability, growth and efficiency.
The foodservice technology company led a blind survey across 676 operators from April 3–20, 2026. The data reflects that the industry holding up, with 91% saying their business is in good or excellent shape, matching last year. Inflation, cited by 27% of operators and up seven points year over year, and hiring, cited by 22% and up six points, are...
Full Story »Norway Sees Sharp Drop in Production Fish as Salmon Harvest Hits Record High
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Norway’s Food Safety Authority reports a sharp drop in production fish, known locally as prodfisk, even as overall harvests hit record levels.
Considered lower-quality fish due to damage or imperfections often linked to farming or operational issues, production fish accounted for 10.6% of harvest volume in H1 2026, down from 17.7% in H1 2025 and 30% in H1 2024.
"We see a clear decline in the proportion of production fish, at the same time as the harvest volume is higher than...
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Royal Greenland Swings to First-Half Profit as Revenue Rises 16.5%
Royal Greenland swung to a first-half profit in 2026 as stronger market prices and ongoing operational improvements lifted earnings, while the company continued to invest across its North Atlantic footprint. The seafood group reported profit before tax of DKK 217 million for the first half of 2026, compared with a loss of DKK 11 million year-over-year (YOY). Revenue rose 16.5%, while sales volumes were stable YOY.
“We are pleased with the significant improvement in our first-half results,” CEO Toke Binzer...
Full Story »Canada Commits $53M to Build Three New Pacific Salmon Hatcheries in British Columbia
The federal government has announced more than $53 million in construction contracts for three new Pacific salmon hatcheries across British Columbia, all developed in partnership with Indigenous nations and aimed at reversing steep declines in Chinook and sockeye populations.
The announcements, made August 25 by Fisheries Minister Joanne Thompson, cover facilities on the upper Fraser River near Hanceville, in Prince George, and on the Kitwanga River in Gitanyow territory — each tied to a separate First Nation and targeting distinct at-risk salmon populations...
Full Story »Norcod Reports Strong Q2 Biological Performance as Biomass Surges, Company Eyes H2 Inflection Point
Norwegian cod farmer Norcod posted solid operational and biological results for the second quarter of 2026, with biomass at sea climbing 31% during the period and the company now moving into continuous harvesting at higher volumes as it builds toward its 2027 production targets.
Biomass at sea grew from 4,123 tonnes at the start of Q2 to 5,390 tonnes at quarter end, bringing the total first-half increase to 76%, or 2,330 tonnes. Norcod harvested 791 tonnes round weight during the quarter...
Full Story »Russia Eyes Stable Barents Sea Halibut Catch as Far East Stocks Spur Two-Year Fishing Ban
Russia is targeting a further increase in halibut catches in the Barents Sea in the coming years, aiming to grow supplies to both domestic and export markets — even as a sharp stock collapse in its Far Eastern basin has forced authorities to impose sweeping restrictions.
The quota for Greenland halibut in the Barents Sea is expected to be set at 8,000 tonnes for 2027, pending final recommendations from the joint Norwegian-Russian research working group currently reviewing Barents Sea catch levels...
Full Story »Canada Pulls Seafood From Counter-Tariff List After Industry Pushback
Canada's Department of Finance has reversed course on one of the more contentious elements of its retaliatory tariff package, removing fish and seafood products from its list of US goods facing counter-tariffs, less than 24 hours after the measures were announced.
The department said it made the adjustment based on feedback from Canadian industries, citing a commitment to continually assess the effectiveness of its counter-tariff measures, with a primary focus on sectors that have themselves been targeted by US tariffs. Seafood, notably, has not been...
Full Story »Chile Presses for Salmon Tariff Removal as Two-Day US Trade Talks End
High-level trade talks between Chile and the United States concluded in Santiago this week without a final agreement, as both sides described ongoing negotiations over the 12.5% Section 301 tariff that has burdened Chilean exports — including salmon — since late July.
Deputy US Trade Representative Jeffrey Goettman led the US delegation for the two-day visit on August 24-25. Chile's government pressed for the removal of the 12.5% tariff across key export sectors, including salmon, wine, timber, and fruit...
Full Story »Three Environmental Groups: NOAA is Violating the Endangered Species Act on Gray Whale Protections
Exactly one day after the deadline for NOAA to respond to a petition from Oasis Earth (OE) to list the Eastern North Pacific gray whale population as threatened or endangered, OE and two other conservation groups sent a notice of intent to sue the National Oceanic and Atmospheric Administration over gray whale protections.
The gray whale population along the North American west coast has dropped by half in just ten years. A year ago, the trio of environmentalists...
Full Story »Nordic Aqua Partners Reaches Full Capacity at China RAS Farm, Eyes Stage 3 Expansion
Nordic Aqua Partners has reached full run-rate at its recirculating aquaculture system (RAS) Atlantic salmon farm in Ningbo, China, bringing annual production capacity to 8,000 metric tons following the completion of Stage 2 of the project.
CEO Ragnar Joensen said the company is now "fully up and running" at that capacity, with operational performance described as solid. Combined with good fish health and welfare, he said the results are supporting improved fish growth, higher harvest weights, and lower production costs...
Full Story » SAIC Expands Science Panel Ahead of First Funding Call
The Sustainable Aquaculture Innovation Centre (SAIC) has appointed 14 experts to its first science panel since becoming an independent organization, bringing together expertise across fish and shellfish health, seaweed, environmental sustainability, veterinary science and aquaculture technology.
The panel will provide independent scientific advice to SAIC's board and play a key role in assessing funding applications, reviewing project outcomes and guiding the organization's research and innovation activities. Members will serve for up to two years.
Pieter van West, director of the International Centre for Aquaculture Research...
Full Story »Atlantic Mackerel’s Shifting Migration Brings Opportunity, Uncertainty
Atlantic mackerel’s once-reliable spring run north and fall return south has become less predictable since 2024, after a pulse of cold, fresh northern water moved onto the Northeast U.S. shelf.
Fishermen across the region report more mackerel in some areas, along with unusual appearances of white marlin, billfish, sand lance, Illex squid, striped bass, red drum and bluefish.
Researchers say the ocean conditions are highly unusual. Cold, fresh water entered the region in 2023 and kept conditions cooler through 2024 and 2025, a pattern...
Full Story »Wild Planet Foods Named in Class Action Over Alleged Arsenic Levels in Canned Sardines
Wild Planet Foods has been named as a defendant in a federal class action lawsuit alleging that one of its canned sardine products contains arsenic levels that exceed California's daily safe exposure threshold and that the company failed to disclose the risk to consumers.
The complaint was filed August 18 in the US District Court for the Northern District of California by plaintiff Ryan Moore of Napa, California, on behalf of a proposed nationwide class and California subclass of purchasers...
Full Story »Savoonga, AK Celebrates Official Opening of New Pacific Halibut Plant in Northern Bering Sea
A milestone was celebrated earlier this month in the remote town of Savooonga on St. Laurence Island in the Northern Bering Sea, as the community's new halibut processing plant was officially opened and christened the Orville Evekaan Toolie Halibut Plant.
Mr. Toolie, an employee of the Norton Sound Economic Development Corporation (NSEDC), who has served the fishers in Savooonga since 1992, was the honorary guest at the community celebration.
“Orville worked to help transform an old Head Start school building into the initial plant in the...
Full Story »The Retail Rundown: Grocers Make a Final Push for Grilling
Labor Day falls on Monday, September 7, signaling the unofficial end of summer and the last major grilling occasion before consumers turn their attention to school, football, and the fall holidays.
The three-day holiday weekend is a key promotional window for grocers, but the 2026 protein market presents a more challenging backdrop. Factors like tight cattle supplies and broader economic pressures are influencing both availability and consumer demand, prompting retailers to take a more strategic approach to promotions.
From a wholesale beef perspective, the market has become less favorable for retailers seeking promotional leverage. Choice and Select beef cutout values have climbed since the...
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