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IN BRIEF - Brazilian Tilapia Prices Hold Steady in Early June Amidst Balanced Market

BRAZIL
Wednesday, June 11, 2025

Stable demand matches supply in major producing regions, with prices ranging from $1.33 to $1.55 per kilogram.

Tilapia prices across Brazil's key producing regions remained largely stable during the first half of June, reflecting a balanced market where demand appears to be well-adjusted to supply. This consistency in pricing, with minimal fluctuations, was highlighted in data released today by the Peixe BR/Cepea Tilapia Price Indicator.

In the West of Paraná, recognized as the primary national production hub for tilapia, the price per kilogram was quoted at R$7.41 (approximately $1.33 USD). Meanwhile, the North of Paraná recorded the highest value among the monitored regions, with tilapia reaching R$8.59/kg (approximately $1.55 USD).

Other significant producing areas also reported stable figures:

  • Morada Nova de Minas (MG): The average price stood at R$8.46/kg (approximately $1.52 USD).
  • Great Lakes region (encompassing parts of São Paulo and Mato Grosso do Sul): Prices were R$8.11/kg (approximately $1.46 USD).
  • Triângulo Mineiro and Alto Paranaíba regions: Tilapia was negotiated at R$8.31/kg (approximately $1.50 USD).

The current market environment suggests an equilibrium between what producers are supplying and what consumers and buyers are demanding. This stability is anticipated to persist in the short term, though future price movements could be influenced by external factors such as prevailing weather conditions and evolving consumption trends in the coming months.

Source: Peixe BR/Cepea


PRESS RELEASE: Business Associations Reject the Signing of the Treaty on Marine Biological Diversity of Areas Beyond National Jurisdiction (BBNJ)

PERU
Tuesday, June 10, 2025

The undersigned business associations reject the signing of the Treaty on Marine Biological Diversity of Areas Beyond National Jurisdiction (BBNJ), which was signed by the Peruvian Government in Nice, France. This treaty represents a loss of our country's sovereignty in decision-making regarding the sustainable use of fishery resources.

The BBNJ imposes unnecessary restrictions and aims to weaken effective regional organizations in which Peru participates, such as the Regional Fisheries Management Organizations (RFMOs), which are effective instruments for guaranteeing the sustainability of marine resources based on scientific evidence.

This agreement is promoted by NGOs that seek to dismantle productive sectors like fishing in our country, a sector that generates thousands of jobs and is a motor for decentralized development. We reject the Government signing agreements that affect food security, destroy formal jobs, and threaten private investment.

It is surprising that technical information was not requested from key sectors such as the Ministry of Environment, the Ministry of Production, the Peruvian Sea Institute, business associations, and sector workers, among others, to reach a consensual decision benefiting national interests.

Let us not allow ideological interests disguised as conservation to undermine our ability to responsibly manage our resources.


IN BRIEF - Fish & Seafood Forum to Unveil Efficiency-to-Competitiveness Keys in Vigo

SPAIN
Tuesday, June 10, 2025

Under the theme "From Challenge to Opportunity: how to boost the efficiency and sales of a resilient sector," this strategic event will tackle key challenges and opportunities facing the fishing and canning industries.

With Spain leading fish and preserved seafood production in Europe and Galicia as an innovation hub, the Forum will offer strategic insights. Topics include artificial intelligence in fisheries management, digital transformation of production processes, supply chain sustainability, new commercialization avenues, and competitive business development models.

Renowned speakers will share their expertise, including Luisa Álvarez (Fedepesca) on consumption trends, María José Chapela Garrido (Anfaco-Cecopesca) on high-value processing solutions, María Martínez-Herrera (Asedas) providing a retail perspective on sustainability, and Pablo Pita (CICA) presenting practical AI applications in sustainable fisheries, such as the Os Miñarzos Marine Reserve. A panel discussion, moderated by Javier Fraga (Abanca Mar), will address attracting and retaining executive talent.

Aimed at manufacturers, processors, wholesalers, and technical directors, as well as institutional representatives and research centers, the event is supported by key entities such as Anfaco-Cecopesca, Fedepesca, and Conxemar, solidifying its sector-wide impact.

Registration is free and can be done via the official website: https://jornadas.interempresas.net/ForumPescadoMar2025/


Other Media | SalmonBusiness: Korea’s first land-based salmon farm reports healthy growth across initial batches

SOUTH KOREA
Tuesday, June 10, 2025

Eco Aquafarm completes second transfer of Atlantic salmon to RAS facility.

Eco Aquafarm has successfully completed the transfer of its second batch of Atlantic salmon fry to its RAS1 system at South Korea’s first land-based salmon farming facility in Busan.

The fry, which had recently completed yolk sac absorption in the hatchery, were moved into the recirculating aquaculture system (RAS) as part of the company’s phased production cycle. Previous batches transferred to both RAS1 in February and RAS2 in May are reportedly developing in good health.

Source: SalmonBusiness l Read the full article here

 


Other Media | BBC: Why UK is getting stricter with seafloor fishing

UNITED KINGDOM
Tuesday, June 10, 2025

The UK government has says it want to widen a ban on a kind of fishing called 'ocean bottom trawling' in protected areas.

Bottom trawling is a type of fishing that involves dragging large weighted nets along the seafloor to catch fish.

But it also damages the ocean floor, and can hurt other marine life living there.

It's already banned in some parts of the UK but ministers say the plan is to make the rules stronger, and safeguard more seafloor in the UK's protected areas.

Source: BBC l Read the full article here

 


Other Media | SeafoodSource: Aldi US slashes prices on more than 400 products

UNITED STATES
Tuesday, June 10, 2025

Aldi is dropping prices on more than 400 products across its more than 2,400-plus stores in the U.S., even as other retailers warn that tariffs could lead to price hikes this summer.

Aldi is slashing prices on around 25 percent of its products for the summer, from fresh meat for grilling to organic produce, pantry staples and “summer favorites,” the company said. The price cuts include its Atlantic salmon portions, which are now USD 8.69 (EUR 7.62) a pound.

The massive discount grocery chain claims its lowered prices will save customers USD 100 million (EUR 88 million) this summer on top of the USD 8.3 billion (EUR 7.3 billion) it says shoppers at its stores reportedly save annually.

Author: Christine Blank / SeafoodSource l Read the full article here

 


Other Media | iPac.aquacultura: Current sales practices for plant-based products require measures that provide accurate information

EUROPEAN UNION
Tuesday, June 10, 2025

In recent years, plant-based food substitutes (known as "plant-based") have become a growing market, and aquatic products are no exception. Moreover, according to a study commissioned by the European Parliament's Fisheries Committee and Research4PECH, plant-based products designed to imitate the appearance, flavor, or nutritional properties of fishery and aquaculture products have been gaining popularity, and they have done so "supported by arguments such as environmental sustainability, health benefits, and ethical advantages over animal-based foods."
 
With this boom in the market for plant-based substitutes, the fishery and aquaculture sector faces growing and worrying competition with numerous challenges
 
Source: iPac.acuicultura | Read the full article here

Other Media | Faro de Vigo: The Argentine Government Forces Another Conciliation Due to the Fishing Crisis

ARGENTINA
Tuesday, June 10, 2025

The Galician-owned fishing industry is risking 450 million euros in the chaos of the Argentine strike, and there is no sign of success, considering that the lost shrimp harvest was compounded just a few days ago by the strike across all fleets, which jeopardizes nearly 75 vessels linked to Galicia and companies such as Pescanova, Iberconsa, Profand, Wofco, Vieirasa, and Gandón. With the tensions between unions and employers unresolved and the damage this represents to the national economy, Javier Milei's government has had no choice but to order a second compulsory conciliation in the sector's conflict—for the fresh fish sector—setting a hearing for today. 
 
Author: Jorge Garnelo / Faro de Vigo l Read the full article here

Other Media | EuropaAzul: The United Kingdom will expand the ban on bottom trawling in its marine protected waters

UNITED KINGDOM
Monday, June 09, 2025

The measure, which will be announced at the United Nations Ocean Conference, will increase the protected area from 4,000 to 30,000 km².
 
The United Kingdom government has announced its intention to significantly expand the ban on bottom trawling in its territorial waters, a measure that will affect more than 30,000 square kilometers of marine protected areas, up from the current 4,000.
 
The announcement was formalized by British Environment Secretary Steve Reed today, Monday, June 9, during the opening of the United Nations Ocean Conference in Nice, France. There, Reed explained the British government's commitment to marine sustainability and the protection of vulnerable deep-sea ecosystems.
 
Source: EuropaAzul l Read the full article here

Other Media | Fish Farmer: Seafood Council executives move into industry

NORWAY
Monday, June 09, 2025

Gunvar Wie, the Norwegian Seafood Council’s Manager of Global Operations has become the latest senior figure to leave for the salmon industry’s commercial sector.

Wie is to join the salmon processing and distribution company Seaborn as Marketing Director. Wie has previously been a seafood envoy to Japan and South Korea, and later to Italy.

Wie said: “I am incredibly proud of my time at the Seafood Council. It has been 10 exciting years at home and abroad.

Author: Vince McDonagh / Fish Farmer l Read the full article here

 


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