Seafoodnews.com Summary Friday, November 6

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News Summary November 6, 2026

Today's Top Story: Fewer Fish and Falling Biomass Reshape Norway’s Salmon Outlook

Norwegian Atlantic salmon harvest rose 3.2% year-over-year in September, but live biomass has been declining since August, down 2.9% year-over-year, as the number of fish alive fell 6.0% even as average weight climbed to 3.51 kg from 3.03 kg, suggesting farmers are holding fish longer to build harvest weights. Export volumes have also pulled back sharply from a record 32,385 mt in week 39 to a four-week average of 28,600 mt, with prices softening on slower Asian demand after China's Golden Week and a strengthening Norwegian krone pressuring euro-denominated values...

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ANALYSIS: Fewer Fish and Falling Biomass Reshape Norway’s Salmon Outlook

Norwegian Atlantic salmon harvest increased 3.2% year over year (YOY) in September 2026, according to the Norwegian Directorate of Fisheries. The harvest through September was 5.0% higher year-to-date (YTD). However, alive biomass has been declining since August and fell 2.9% YOY in September (Figure 1)...

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Alaska Salmon Harvest Halves in 2026, but Ex-Vessel Value Rises 20%

The Alaska Department of Fish and Game (ADF&G) has released preliminary figures for the 2026 statewide salmon season. The commercial harvest was 99 million salmon, down from 195 million in 2025, while the estimated ex-vessel value rose 20% to $648 million from $541 million.

The value gain came from higher prices. ADF&G says the 2026 statewide average ex-vessel price per pound for all salmon species improved considerably on 2025, offsetting the lower harvest volume...

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Vietnam Shrimp Antidumping Duties Reshuffle as Commerce Finalizes Review

The US Department of Commerce has issued final results in the 20th administrative review of the antidumping order on frozen warmwater shrimp from Vietnam, covering entries from February 1, 2024, to January 31, 2025. Commerce found that sales were made below normal value and set margins of 10.71% for the Fimex Group, 6.36% for STAPIMEX and 7.59% for 17 separate-rate exporters. The notice is dated November 2 and was published in the Federal Register on November 6 (91 FR 70048)...

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Norway's Salmon Exports Hit Record, but US Sales Slip 11%

Norway's salmon exports reached a record value in October, even as shipments to the US fell. Salmon exports totaled 159,810 tonnes, worth NOK 13 billion, up 6% in value and 9% in volume from the previous year, according to the Norwegian Seafood Council (NSC). October set a record monthly salmon export value, NOK 264 million above September's record.

The US did not share in that growth. Norway's exports to the US fell 11% in October, to NOK 1.2 billion, driven by...

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Expana's Weekly Top 10

From global commodity markets to restaurant dining rooms, developments across industries are reshaping the business landscape. Shifting trade relationships, supply constraints, market volatility and changing consumer demand are creating new challenges and opportunities, while companies across the supply chain continue to adapt and position themselves for growth.

Find archived recaps here.

Agricultural Markets and Supply Chain Pressures

10. PODCAST: Episode 49 - Ammonia, CO2, and Sulfur: The Supply Chain Risks Facing Agrifood by Simon Duke

This episode of Agrifood for Thought examines tightening ammonia, CO2 and sulfur supplies and the potential impact...

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Premium Brands Posts Record Q3 as Clearwater Volumes Fall 9%

Clearwater Seafoods' loss before shareholder-related expenses narrowed sharply in the third quarter, helped by the absence of a large 2025 write-down. Clearwater's revenue from continuing operations was C$103.2 million ($73.2 million), down from C$106.9 million a year earlier.

Sales volumes fell 9.3% on normal volatility in catch rates and the timing of sales, partly offset by higher selling prices for most species. Its loss before shareholder-related expenses was C$1.4 million, against C$39.9 million in the third quarter...

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Norcod Posts First Profitable Quarter as Cod Biomass Hits Record

Norcod, the Norwegian cod farmer listed on Oslo's Euronext Growth market, reported its first profitable quarter in Q3 2026, with EBIT of NOK 23 million and net profit of NOK 8.5 million, according to its quarterly report. Operating revenues rose to NOK 89 million from NOK 37 million a year earlier.

CEO Christian Riber called the quarter a significant moment for Norcod, adding that it is "only the beginning of cod farming realizing its potential...

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Chubut Delays Langostino Season as Survey Falls Short of Opening Thresholds

Chubut's shrimp (langostino) season will not open on schedule. The provincial Secretaría de Pesca postponed the start after an exploratory survey that began on October 26 did not show enough stock to support a commercial opening. Revista Puerto reports that the authority is holding off until a new two-day survey on November 10 in the Northern Zone, with a possible opening from November 12 depending on the results...

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The Kingfish Company CEO Vincent Erenst Extends Tenure as CFO Plans Departure

The Kingfish Company announced Tuesday that CEO Vincent Erenst will remain in the role following a request from the company's Supervisory Board. Separately the company's Chief Financial Officer Jean-Charles Valette informed the board of his intentions in stepping down.

The Netherlands-based yellowtail kingfish producer said Erenst agreed to extend his tenure to provide leadership continuity as the company continues executing its business strategy and commercial and operational priorities.

“I am pleased to continue leading The Kingfish Company and appreciate...

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ANALYSIS: September US Shrimp Imports Land Near Estimate, Up 12.1% YOY

Expana's by-type model for September US shrimp imports came in at 156.2 million lbs against a midpoint estimate of 158.8 million lbs, well inside the estimated range. The composition followed the pattern flagged in advance. Peeled printed near the upper bound of its range (83.3 million lbs against 84.6 million lbs) and shell-on near the lower bound (38.8 million lbs against 36.2 million lbs), and the two variances offset. The aggregate is the figure that clears through US warehouses, and at that level the estimate held...

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LA, Long Beach Port Labor Talks Extended to Friday Amid Strike Concerns

The Pacific Maritime Association (PMA) and ILWU Local 26 have extended their contract through midnight Pacific Time Friday, Nov. 6, as negotiations continue to avert a potential disruption at the Ports of Los Angeles and Long Beach.

The talks, involving approximately 250 watchmen, are continuing with assistance from the Federal Mediation and Conciliation Service. Although the workers represent roughly 2% of the ILWU workforce, PMA says the terminals where they work handle about 85% of cargo at the Port of Long Beach and 33% at the...

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Catfish Processor Delta Pride Joins USDA's Product of USA Label as Federal Programs Back Seafood

Delta Pride Catfish of Mississippi is the only seafood company among eight meat and poultry businesses that USDA says have adopted its voluntary Product of USA label. Agriculture Secretary Brooke Rollins announced the additions on October 30, saying more than 30 companies have now committed since the campaign launched earlier this year.

The label shows that products are "born, raised, harvested, and processed in the United States." Rollins framed it as a holiday-season consumer choice...

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Japan's September Seafood Exports Plummeted 46% to 32,700 Tons, but Value Fell 1%

According to trade statistics released by the Ministry of Finance, exports of marine products—including fish, shellfish, processed seafood, and fish meal—fell 46% year over year in September by volume to 32,700 metric tons, while value slipped 1% to JPY 31.559 billion ($199.47 million), according to Minato Shimbun.

Scallop exports declined in both volume and value, falling 32% to 4,368 tons and 25% to JPY 8.853 billion ($55.95 million), respectively. Yellowtail exports, meanwhile, rose 1% to 2,055 tons...

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Nordlaks Breaks Ground on New Onshore Base in Vågan

Norwegian aquaculture company Nordlaks broke ground on Nov. 2 on its long-awaited new onshore base at Pundslett in Vågan, with completion expected in spring 2028.

The NOK 70 million investment will replace the company’s current facility, which Nordlaks describes as its main base for equipment and maintenance supporting operations in Lofoten, Lødingen and Tysfjord. The company employs 25 people at the site.

Nordlaks said it has been the region’s largest salmon producer for more than 30 years.

"Now we have finally started...

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Canadian Seafood Farmers Welcome Food Security Designation in National Security Plan

Canadian Seafood Farmers welcomed the federal government’s recognition of food security as a Strategic Capability in its Plan for a Stronger Canada: National Security for Canadians, saying the designation could help support growth in domestic aquaculture production.

The plan commits to strengthening Canada’s food security through expanded domestic production, processing, and distribution capacity. The organization said the aquaculture sector could help meet those goals by increasing Canadian seafood production, supporting employment in coastal and rural communities, and reducing reliance...

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ANALYSIS: October US Shrimp Import Estimate Matches 2026 High Set in August

Official September US shrimp import data is due November 4. Expana estimates September at 158.8 million lbs, within a range of 149.0 million to 168.7 million lbs and up 13.9% from September 2025. By category, peeled is estimated at 74.0 million lbs, shell-on at 46.6 million lbs, cooked at 22.0 million lbs and breaded at 11.0 million lbs. That would bring year-to-date volume through September to 1,379.1 million lbs, 2.9% above the same period last year...

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Mowi Posts Record Q3 Revenue, Volumes and Operating Profit as Farming Costs Fall

Mowi reported record-high revenues of EUR 1.73 billion ($1.94 billion) and a seasonally record-high operational EBIT of EUR 275 million for the third quarter of 2026. The Norwegian salmon farmer said it harvested a record 186,000 tonnes in the quarter, up 12% on the same period in 2025, while farming costs fell by EUR 51 million.

CEO Ivan Vindheim said the results showed the company continuing "to deliver on key parameters such as volume growth, price achievement and, not least, cost control, thereby achieving...

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