Seafoodnews.com Summary Monday, August 10

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News Summary August 10, 2026

Today's Top Story: ANALYSIS: Tariff Relief Eases Arctic Char Prices as Input Costs Maintain Market Floor

In top news today, Arctic char prices edged lower as Iceland’s tariff position improved, with whole fish falling to $6.40/lb from $6.70 and fillets dropping to $10.25/lb from $11.225. The decline reflects tariff relief rather than weaker supply or demand, though high fuel and feed costs are keeping prices above pre-tariff...

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ANALYSIS: Tariff Relief Eases Prices, But Higher Input Costs Keep a Floor Under the Market

Arctic char has generally been regarded as one of the more stable categories within the imported finfish complex. Sourced from Icelandic farm-raised operations, whole fish and fillet quotations have tended to move within relatively narrow ranges, with values holding fairly steady across successive quotation periods. Char has often appeared as a comparatively calm line item within the broader seafood market.

The current downward adjustment traces back to trade policy rather than any shift in supply or demand fundamentals. Char pricing initially moved...

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CFS Sues Pacific Seafood Over Hood Canal Hatchery Pollution; Company Vows to Fight Back

The Center for Food Safety has filed a federal lawsuit against Pacific Seafood Group alleging more than 400 Clean Water Act permit violations at a shellfish hatchery on Hood Canal — and Pacific Seafood is pushing back, calling the litigation a cash-motivated attack that ignores its ongoing work with state regulators.

The suit, filed August 4 in the US District Court for the Western District of Washington (Case No. 3:26-cv-5877), names Dulcich, Incorporated and Pacific Shellfish – Quilcene, LLC as defendants. The complaint targets...

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Ecuador Pushes to Upgrade US Trade Deal to Full FTA With Shrimp, Tuna Access in the Crosshairs

Ecuador is pressing Washington to convert its existing trade arrangement into a full free trade agreement, just four months after signing the Reciprocal Trade Agreement (ART) with the US on March 13, 2026.

Minister of Production, Foreign Trade and Investments Luis Alberto Jaramillo told Primicias that the government will formally request the start of FTA negotiations, with a first round of talks expected as soon as August or September.

"This agreement can be negotiated quickly — there are only four products on each side...

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Hokkaido's Surimi Production Plummeted 66% in June.

According to member reports compiled by the National Surimi Manufacturers Association based in Abashiri City, Hokkaido, frozen surimi production in Hokkaido for June fell 66% year-on-year to 561 tons—marking the fourth consecutive month of decline—due to sluggish landings of the primary raw material, Alaska pollock.

According to Minato Shimbun, Alaska pollock surimi production dropped 66% to 561 tons, also marking a fourth straight month of decline. Industry sources report that total landings of the fish in Hokkaido fell 41% to approximately 8,500...

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ASMI Hosts Seattle–Sitka Tour to Immerse Foodservice Leaders in Alaska Seafood Supply Chain

Alaska Seafood Marketing Institute (ASMI) hosted culinary and marketing professionals on a familiarization trip through Seattle, WA, and Sitka, AK, July 12–17. The visit offered participants a first look at the full seafood value chain and aimed to deepen understanding of the industry and the Alaskan seafood market.

“The familiarity trip is the experience of a lifetime. I’ve always been a believer of ‘you have to see it to really understand it,’” one participant said. “The Alaska seafood story really...

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NAVICO, Benchmark Genetics Embark on Long-term Strategic Partnership

Nam Viet Corporation (NAVICO) and Benchmark Genetics Norway AS (BGN) have announced a long-term strategic partnership aimig to develop a fully integrated tilapia value chain in Vietnam.

NAVICO, one of Vietnam’s largest aquaculture firms, is shifting its strategic focus from pangasius to tilapia to meet evolving market demand and unlock new export opportunities. Benchmark Genetics, a global leader in designing and running high-performance breeding programs for more than 30 aquaculture species, will supply genetic and program-design expertise.

“Our ambition is to position tilapia as a premium product and export from...

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ANALYSIS: June US Lobster Imports Fall 18% as Canadian Supply Tightens

US lobster imports totaled 58.5 million pounds in the first half of 2026, down 7.0% from 62.9 million pounds in the same period of 2025. June was the weakest month of the period, with overall volumes falling 18.3% year-over-year, driven primarily by compression in Canadian shipments and continued seasonal softness in warmwater tails...

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Chile Pushes Back on US Tariffs as Salmon Industry Maps Path to Relief

Chile is mounting a coordinated diplomatic and legal response to the 12.5% Section 301 tariff the Trump administration imposed on Chilean goods on July 24 — a rate that places Chile among the highest-penalized economies in the new forced-labor framework and hits salmon, wine, timber, and fruit exports simultaneously.

The justification has drawn sharp pushback from Santiago. Chilean government ministers publicly questioned the forced-labor basis for the tariff, calling it unjust and damaging to bilateral trust, according to local media reports...

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AquaBounty Eyes Data Center Future for Ohio Site

AquaBounty Technologies (NASDAQ: AQB) has expanded its strategic alternatives review for its dormant Pioneer, Ohio property to explicitly include data center and power infrastructure development opportunities — the latest twist for a company that has spent the better part of two years unwinding its salmon farming operations entirely.

The Pioneer site holds a 50 MW substation connection and a 5.25 million-gallon-per-day groundwater permit, making it a compelling candidate for data center use at a time when AI infrastructure buildout has made power-rich...

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NOAA and Louisiana Partners Hypoxic Zone in Gulf Has Decreased, Thanks to Tropical Storm Bertha

Good news from federal and state scientists who have been studying the “dead zone” in the Gulf of America (formerly known as the Gulf of Mexico) for four decades: it’s decreased in size.

Researchers from the National Oceanic and Atmospheric Administration and scientists at Louisiana State University and the Louisiana Universities Marine Consortium announced yesterday that this year’s hypoxic zone is approximately 1,332 square miles, about one-fifth of what was expected, making it the 2nd smallest zone on record in 40 years of measurement...

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Fishing Vessel Joins Trained Team to Free Injured Humpback Whale 20 Miles Off Oregon Coast

A researcher in a US Coast Guard helicopter first spotted the entangled humpback whale anchored to the bottom about 20 miles off the Oregon Coast on July 23. He could see the whale’s white pectoral flipper extended underwater and the outline of its white baleen showing a lower jaw stretched permanently open, making it unable to feed.

Hayslip reported the whale anchored by heavy fishing gear to NOAA’s West Coast Entanglement Hotline, which activates trained responders across the region...

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DFO Steps Up Elver Enforcement as Harvest Climbs Toward Allowable Catch

Fisheries and Oceans Canada (DFO) says its fishery officers maintained a strong on‑the‑water and shore presence across Southwest Nova Scotia, Eastern Nova Scotia and Southwest New Brunswick this season to protect the integrity of the highly valued, tightly regulated elver fishery.

Licensed harvesters landed 8,385 kg of the 12,180 kg total allowable catch (TAC) , an increase of nearly 17% from 7,170 kg in 2025, creating added economic opportunities for harvesters. A portion of this year’s quota also supported joint scientific research between DFO...

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Middle East Market Intelligence Brief: Week Ending August 7, 2026

President Donald Trump’s war with Iran has reached its sixth month, lasting far longer than the weeks-long conflict he initially predicted. A combination of diplomatic efforts and renewed military threats this week has highlighted the limited options before the White House as it looks for a way to end the war.

The administration now faces a decision: continue escalating pressure on Iran or pursue negotiations aimed at reaching a resolution...

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Three Ecuadorian Shrimp Firms Denied CVD Exclusion as Commerce Sets Rates Up to 15.17%

Three Ecuadorian shrimp processors that sought permanent exclusion from the US countervailing duty order on frozen warmwater shrimp have come up short, with the US Department of Commerce issuing final results on July 31 confirming that all three received countervailable subsidies during the 2022 review period.

The final results of the expedited administrative review (Case C-331-806) cover Empacadora del Pacifico S.A. (Edpacif), Nirsa S.A./Procesadora Posorja S.A. (Proposorja), and Productos Perecibles y Mariscos S.A. (Propemar). Commerce determined net countervailable subsidy rates of 15.17%...

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RFK, Jr. Hosts The Real Food Show with Chef Andrew Gruel, Starring Wild Alaska Sockeye

In the premiere episode of The Real Food Show, hosted by HHS Secretary Robert F. Kennedy Jr. with guest Chef Andrew Gruel, wild Alaska sockeye salmon took center stage.

Kennedy launched the cooking show to demonstrate that preparing meals with real, whole-food ingredients can be healthy, delicious, and affordable. Chef Gruel — founder of the Slapfish franchise and the founder, CEO and executive chef of Calico Fish House, a casual seafood restaurant in Huntington Beach, CA — addressed an issue at the heart of many political...

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US Foods Reports Record Adjusted EBITDA, 23% Earnings Growth in Second Quarter

US Foods Holding Corp. reported strong second-quarter fiscal 2026 results, with net sales increasing 4.5% to $10.5 billion, net income rising 22.8% to $275 million and diluted EPS growing 29.2% to $1.24. The company also delivered record adjusted EBITDA of $604 million, up 10.2%, while adjusted diluted EPS increased 21.0% to $1.44.

Independent restaurant case growth accelerated to 5.1%, helping drive a 1.9% increase in total case volume. Gross profit rose 8.0% to $1.9 billion, while adjusted EBITDA margin...

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Consejo del Salmón Presents Sustainable Impact Report Covering Six Years of Member Data

"Six Years Measuring Our Impact: When We Measure Ourselves, We Move Forward" is the title of the sixth Sustainable Impact Report (RIS) presented by Chile's Salmon Council. The publication collects and synthesizes the social, economic and environmental contributions of its member companies: AquaChile, Australis Seafoods, Cermaq Chile, Mowi Chile, Salmones Aysén, and Ventisqueros.

The report was presented at the Aula Magna of Universidad San Sebastián's Patagonia campus in Puerto Montt, before an audience of regional authorities, academic representatives, member company executives, and stakeholders...

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