Crop-Threatening Super El Niño Also Likely to Create Regional Winners, Say Expana Experts

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Crop-Threatening 'Super El Niño' Also Likely to Create Regional Winners, Say Expana Experts

This year’s (2026-2027) El Niño weather phenomenon can significantly affect global commodities, and food price inflation can be expected, especially if it is confirmed to be what is commonly known as a ‘Super El Niño’.

While most of the mainstream media's focus is on the devastating consequences of the Super El Niño phenomenon, it is worth noting that it will have a large but also highly varied economic impact across different regions. There are both winning and losing countries - and by extension, agricultural commodities

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Peru Extends Fishing Ban Indefinitely as Global Fishmeal Output Plunges 26%

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The indefinite extension reflects ongoing Coastal El Niño conditions, with warm waters and a high share of juvenile fish indicating a dispersed biomass. The Vice-Ministry of Fisheries and Aquaculture may lift the measure in full, in part, or gradually, based on IMARPE's scientific assessments and updated biological, fishing, and environmental conditions...

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House Committee Advances Trade Crime Legislation as Trump Signs Customs Enforcement Order

The House Judiciary Committee unanimously advanced the bipartisan "Protecting American Industry and Labor from International Trade Crimes (PAIL) Act" (H.R. 1869) last week by a 23-0 vote, while President Trump signed an Executive Order strengthening US customs law enforcement on the same day.

The PAIL Act, introduced by Representative Ashley Hinson (R-IA) with 42 co-sponsors, would establish a Justice Department task force to investigate and prosecute trade-related crimes. The task force would increase investigations of trade fraud while providing advanced training to Homeland...

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Japan's 2025 Frozen Sockeye Imports up 37% from Russia, Plummets 69% from the US

Japan imports wild sockeye salmon, mainly caught in the summer from Russia and the United States, and uses it as a raw material for salted salmon.

According to trade statistics from the Ministry of Finance, Japan's 2025 imports of frozen sockeye salmon increased by 17% year-on-year (YOY) to 18,602 tons, with an average price of 1,150 yen/kg ($7.16/kg), up 14%. While the increase in imports from Russia, the main source, drove the overall increase...

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Nueva Pescanova Adds Modern Freezer Vessel to Namibian Fleet

Grupo Nueva Pescanova has acquired the freezer vessel Olupale for its NovaNam subsidiary in Namibia, reinforcing the Spanish company's investment in African fishing operations.

The 59.82-meter vessel features a 900-cubic-meter hold capacity and can accommodate up to 66 crew members. Built in 2024 but not yet operational, the Olupale will primarily target hake processing with the capacity to catch and process up to 2,500 tons of finished product annually.

Nueva Pescanova acquired the vessel from Mar de Arbo SL to replace the Mar del Cabo...

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Cousins Maine Lobster Returns to South Texas as Touring Strategy Drives Growth

Cousins Maine Lobster's food truck tour is an out-of-the-box marketing strategy that was first introduced in 2020 by franchisee Chris Papp. The initiative allows the brand to test new markets while building awareness and connecting directly with customers.

Today, the fast-casual seafood company announced its latest tour, which will return to South Texas. The food truck is scheduled to make stops in Corpus Christi, Brownsville, McAllen, Rockport, and Victoria, offering its full menu of fresh Maine lobster dishes, including its...

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ANALYSIS: Tight Pacific Halibut Supply Conditions Continue to Shape the Market

The Pacific halibut market has remained firm through the early months of the 2026 season, with prices holding near the elevated levels reached at the close of 2025. Support continues to come from an exceptionally tight supply outlook, as the 2026 coastwide quota of 29.33 million pounds represents the lowest total allowable catch in the fishery’s more than 100-year history. Even so, signs of price fatigue have begun to surface, as buyers show greater resistance to historically high Pacific halibut values...

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Half of US Seafood Consumers Say Oceans Can Still be Saved, MSC Survey Finds

Half of US seafood consumers believe the world’s oceans can be saved from irreparable damage over the next 20 years, according to new consumer research commissioned by the Marine Stewardship Council.

The findings, released for World Ocean Day, are part of a GlobeScan survey of more than 20,500 seafood consumers globally and point to rising optimism and stronger engagement with sustainability claims in the US market.

Among US respondents, 51% said they believe the oceans will be saved from irreparable damage within...

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ASMI Enhances Processing Capacity in Southeast Asia for Alaska’s Seafood Industry

Since 2024, the Alaska Seafood Marketing Institute (ASMI) has been providing the state’s seafood processors with opportunities to use re-processing services in the Southeast Asia (SEA) region. The program is funded in part by the federal Emerging Markets Program (EMP), a part of the Marketing Access Program in the US Department of Agriculture.

In 2024, ASMI hosted technical training seminars in Southeast Asia to enhance processing capacity by assessing local seafood processors. After a successful first year of identifying and establishing partners with the capacity to reprocess Alaska...

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United Taps Chef’s Table and 11 Global Chefs to Redefine Polaris Inflight Dining

United Airlines is sharpening its premium product strategy with a new chef-driven dining program for Polaris international business class, launching August 1 in partnership with Chef’s Table, the Emmy Award–winning brand behind the Netflix series. The rollout introduces 30 new dishes across select long-haul routes, developed by 11 chefs from four continents and paired with exclusive inflight storytelling.

Rather than a one-size-fits-all menu, each chef designed a three-course experience inspired by the United...

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The Crab Market's Next Test: Can Demand Absorb the Coming Snow Crab Surge?

The global crab market is entering a more compressed phase in 2026, where production is no longer the primary concern. The challenge has shifted toward timing, distribution, and the industry's ability to move volume through increasingly selective consumer channels. While overall supply remains available across several key producing regions, the normal seasonal flow of product is becoming disrupted, creating the potential for sales compression later in the year.

The most immediate example is Canadian snow crab. Despite another large quota and strong harvest potential, weather delays...

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South Carolina's Mace Introduces SHRIMP Act to Combat Shrimp Fraud with Chemical Testing

Congresswoman Nancy Mace (R-SC) introduced the SHRIMP Act on June 5, directing federal agencies to develop portable, chemical testing technology that can identify the country of origin of shrimp imports.

The legislation represents another push by Gulf Coast lawmakers to target foreign shrimp competition, following the House passage of the bipartisan Save Our Shrimpers Act in May by a 391-18 margin.

Mace's SHRIMP (Shrimp Honesty and Responsibility in Import Monitoring Protocols) Act would task NOAA and the National Institute of Standards and Technology, working with...

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The Retail Rundown: Father’s Day Grill Deals Heat Up as Inflation Pressures Mount

Father’s Day, the second major grilling occasion of the summer season, is less than two weeks away and serves as a promotional bridge between Memorial Day and Independence Day.

With just 11 days remaining until the holiday, grocers are merchandising a wide assortment of meat, poultry, seafood, and complementary food items aimed at outdoor cooking and family gatherings.

Retailers are competing not only with one another for Father’s Day meal spending, but also with restaurants as they seek to encourage consumers to celebrate at home...

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Captain D's Eyes Western Europe Expansion with Master Franchise Push in Spain, Portugal and France

Captain D's, the leading U.S. fast-casual seafood franchise, is taking its European ambitions to the next level this summer. Senior Vice President of International Operations and Development Hair Parra will travel to Spain, Portugal and France from June 15 through July 1 to meet with prospective franchise partners looking to develop the brand across Western Europe.

The visit marks the company's next move after recently securing a 20-unit development agreement in the United Kingdom. During the trip, Parra will meet...

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ASMI Launches UK Campaign Tying Wild Salmon Season to New Seattle-London Flight Route

Alaska Seafood Marketing Institute has rolled out its "First Flight, First Catch" campaign in the UK market, leveraging the new daily Alaska Airlines service between Seattle and London Heathrow to promote the availability of fresh wild Alaska salmon.

The multi-faceted campaign coincides with the opening of Alaska's commercial salmon harvest and includes partnerships with Whole Foods Market featuring in-store demonstrations by fisherman Thea Thomas, a media and trade supper club event at London's historic Fishmonger's Hall, and targeted influencer and social media outreach...

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Voskhod Sale to Investment Holding Signals Russian Salmon M&A Activity

Russia's salmon sector may face a new wave of consolidation and ownership changes among major local players in the years to come.

An example is Voskhod, one of Russia's largest Pacific salmon producers, which was reportedly sold to JSC Innovative Company NZ, a Russian investment holding.

The Voskhod fishery holding is currently one of Russia's largest Pacific salmon producers, with operations concentrated mainly in Kamchatka Krai. The company operates 30 fishing sites, six factories, and over 35 vessels. This capacity allows it to produce over 24,000...

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House Agriculture Panel Weighs USMCA Future as July 1 Deadline Expected to Pass

The House Agriculture Committee will hold a hearing on Wednesday titled "Agricultural Perspectives on the Future of the USMCA" as the US, Mexico and Canada are expected to blow past the July 1 deadline to renew the trade agreement, according to Bloomberg. The missed milestone will trigger rolling annual reviews instead of a 16-year extension, creating extended uncertainty for agricultural trade across North America.

The June 10 hearing comes as agriculture emerges as a major factor in the USMCA review process...

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Commerce Amends Thai Shrimp Dumping Duties After Ministerial Error Claims

The Commerce Department has amended its final results in the 2023-2024 antidumping review of frozen warmwater shrimp from Thailand, correcting ministerial errors that affected dumping margin calculations for major Thai exporters.

Thai Union Group's weighted-average dumping margin was adjusted to 1.24%, while the adverse facts available rate for Charoen Pokphand Foods increased to 26.66% from 17.38%. The errors involved omitting the programming language for importer-specific assessment rates and assigning incorrect surrogate costs to certain control numbers...

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