November 06, 2026
Expana's Weekly Top 10
From commodity markets to restaurant dining rooms, there is plenty happening across the agrifood business. Supply constraints, shifting trade relationships and changing market dynamics are creating new challenges and opportunities, while companies continue to make strategic moves to strengthen their positions.
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 on agricultural and...
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Expana's Weekly Top 10
From commodity markets to restaurant dining rooms, there is plenty happening across the agrifood business. Supply constraints, shifting trade relationships and changing market dynamics are creating new challenges and opportunities, while companies continue to make strategic moves to strengthen their positions.
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 on agricultural and...
To Read Full Story Login Below.
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)...
Full Story »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)...
Full Story »Norway's Salmon Exports Hit Record, but US Sales Slip 11%
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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...
Full Story »Expana's Weekly Top 10
From commodity markets to restaurant dining rooms, there is plenty happening across the agrifood business. Supply constraints, shifting trade relationships and changing market dynamics are creating new challenges and opportunities, while companies continue to make strategic moves to strengthen their positions.
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 on agricultural and...
Full Story »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...
Full Story »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...
Full Story »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...
Full Story »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...
Full Story »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...
Full Story »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...
Full Story »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...
Full Story »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...
Full Story »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...
Full Story »ANALYSIS: October US Shrimp Import Estimate Matches 2026 High Set in August
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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...
Full Story »Mowi Posts Record Q3 Revenue, Volumes and Operating Profit as Farming Costs Fall
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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...
Full Story »Guillermo Turner Named Next Executive Director of Chile’s Salmon Council
Chile’s Salmon Council (Consejo del Salmón) is lining up its next executive director, naming Guillermo Turner to succeed outgoing leader Loreto Seguel in a transition the group says will take effect in December 2026.
In this role, Turner's agenda will focus on competitiveness, sustainability and regulatory modernization, with an emphasis on creating the conditions to attract investment, support jobs and grow salmon farming in Chile’s southern regions.
From 2016 to 2025, he led Corporate Affairs and Sustainability at Empresas CMPC, where he worked on the...
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For Second Year in a Row, No Tanner Crab Season in Kodiak, Chignik or South Peninsula Districts
The Alaska Department of Fish and Game (ADF&G) announced on Tuesday that, for the second year in a row, there will be no tanner crab (also called bairdi) fishery in the Kodiak, Chignik or South Peninsula districts in 2027.
The last year crab fishermen landed product from those areas was 2025. Surveys showed 560,000 pounds available for harvest in Kodiak and 210,000 pounds open in the South Peninsula. The Chignik area was closed...
Full Story »UK Seafood Imports Reach £4.1 Billion as Ecuador and China Climb
The UK imported £4.1 billion of seafood in 2025, with imports rising 6% in value and 1% in volume to 1,180,000 tonnes, according to Seafish's Seafood in Numbers 2026. The UK remains a net buyer of seafood, and the report says it "buys the bulk of its seafood."
China is the largest source by volume, at 189,067 tonnes, up 4% from the previous report. Ecuador's imports reached 86,410 tonnes, up 23% year on year. Tuna is the UK's most imported species, at 235,120 tonnes...
Full Story »Hokkaido Ikura Hits Record JPY 30,000+/kg as Chum Catch Halves
Amidst a historic low in the Hokkaido fall chum salmon catch, this season’s new ikura salmon caviar from Hokkaido has begun to reach the market. On November 2nd, soy-sauce-marinated ikura from the top-tier brand Marusa Sasaya Shoten, based in Kushiro, Hokkaido, appeared at markets in Tokyo Toyosu and Sapporo Markets, with wholesale prices set between 31,000 and 32,000 yen/kg ($195.62-201.93/kg), according to the Minato Shimbun...
Full Story »Europêche Turns to Member States to Translate Fisheries Strategies into Concrete Policy Action
Europêche met yesterday with EU fisheries attachés to discuss the future of EU fisheries policy, including the 2028-2034 budget, 2027 fishing opportunities, trade and regulatory challenges. Europêche urged Member States to help turn repeated evaluations and policy discussions into practical legislative action.
The discussion highlighted that the Commission’s Vision for Fisheries 2040 lacks a clear pathway for delivery, with no defined timelines or concrete outcomes. Participants stressed that legislative work is missing to turn the Vision’s objectives...
Full Story »Alaska Crab Takes Center Stage for the Holiday Season. Norway Sets Up for a Bigger 2027
All eyes turn to Alaska in November. As some vessels complete their Bristol Bay red king crab quotas and move on to Tanner crab, buyers have more domestic crab to work with for the holidays. The immediate question is how much consumers will buy at current prices. The next is how much inventory will carry into early 2027, when Norway’s larger quotas could bring additional king and snow crab to market...
Full Story »Agrosuper Signs MOU to Buy Blumar's Salmon Business for Up to $540 Million
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Agrosuper has put up to $540 million for Blumar's salmon business, but the deal remains a non-binding MOU subject to due diligence, regulatory clearance, and a shareholder vote.
Blumar's board approved the MOU on August 24, and the companies disclosed it to Chile's Financial Market Commission (CMF) on November 4, after the regulator asked Blumar about the deal, according to Diario Financiero...
Full Story »US Seafood Production Volume and Value Dropped in 2024 But Ex-Vessel Price Rose
US fishermen landed 7.7 billion pounds (3.5 million metric tons) of edible and industrial species at ports in the 50 states in 2024, valued at $4.9 billion. That was a decrease of 775.3 million pounds, or 9.2%, and $177.8 million, or 3.6%, compared with 2023, according to the recently released Fisheries of the United States 2024 report from NOAA.
The report's introduction says the average ex-vessel price paid to fishermen in 2024 was 64 cents per pound, 4 cents more than in 2023...
Full Story »Canada Extends China Market-Access Pact for Canola Meal, Peas, Lobster and Crab to 2028
Canada and China have agreed to a two-year extension of market access for Canadian canola meal, peas, lobster and crab, following talks at the Joint Economic and Trade Commission (JETC) meeting in Beijing.
Canada’s Minister of International Trade, Maninder Sidhu, met with China’s Minister of Commerce, Wang Wentao, to discuss bilateral trade and economic issues. According to an announcement following the meeting, the negotiations resulted in a pact extending market access for the four Canadian products...
Full Story »Russia Keeps Raising Fish and Seafood Exports to Japan
Russia's fish and seafood exports to Japan are still rising this year and are close to record levels. Analysts at the Russian Fish Union, using Japanese customs data, report that exports exceeded $600 million in the first three quarters, with crab, pollock roe and sockeye salmon among the best-selling products.
Crab accounted for most of the exports. Frozen snow crab shipments totaled 7,000 tons, worth $132 million. Frozen king crab shipments rose 5% in volume and 15% in value from the same period in 2025...
Full Story »The Kingfish Company Posts Quarterly Records in Sales, Revenue and Production
The Kingfish Company set new quarterly records for sales volume, revenue and production in the third quarter ended Sept. 30, driven by continued expansion in European markets and improved production performance.
Sales volume rose to a record 829 metric tons, up 14% year over year from 724 metric tons in Q3 2025. Revenue also reached a new high at €11.3 million, an increase of 12% from €10.1 million a year earlier. The data also showed production volume at 833 metric tons, supported by stronger feed efficiency. The company reported an economic feed conversion ratio (eFCR) of 1.39 for the quarter.
Full Story »P.F. Chang’s Rolls Out Holiday Menu, Three-Course Meal and First-Ever Christmas Day Service
P.F. Chang’s is heading into the holiday season with a seasonal menu, a three-course holiday meal and new catering options. The chain also plans to open all US restaurants on Christmas Day for the first time.
The holiday menu is available now through Jan. 26, 2027, and includes several new dishes: King Crab Gyoza, Dashi Risotto with Seared Hokkaido Scallops, Fire-Roasted Crispy Duck and Honey Sesame Crème Brûlée.
King Crab Gyoza features dumplings served with garlic, yuzu ponzu, lemon...
Full Story »US Seafood Consumption Declines in 2024 Despite Gains for Several Species
The National Seafood Association reported an overall dip in US seafood consumption in 2024 compared with 2023, even as several species logged gains, the group's latest data show. Americans ate 18.4 pounds of seafood per capita in 2024, down year over year (YOY).
“Looking back at 2024, we see some consumers prioritizing value seafood items while at the same time diversifying their purchases. Increasing variety continues a trend that began in earnest four years earlier,” said Lisa Wallenda Picard, President and CEO of the...
Full Story »OpenTable Points to More Dining Occasions in 2027, Releases Annual Top 100 Restaurants in America
Americans are finding more reasons to dine out beyond traditional celebrations, with everyday milestones, entertainment and the appeal of becoming a restaurant regular all helping shape dining habits heading into 2027, according to a new report from OpenTable.
The company’s 2027 Dining Trends Report suggests consumer interest in restaurant dining remains firm. The findings combine OpenTable US reservation data from Jan. 1-Aug. 31, 2026, with a Ripple Research survey of 2,001 US consumers conducted Sept. 15-23,...
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