MDMR Gear Reimbursement Program For Skimmer Trawl Turtle Excluder Device On Commercial Vessels Ends July 31, 2024

Through the program fishermen may be reimbursed for NOAA-approved TEDs installed on their commercial vessels. The TED rule, which took effect Aug. 1, 2021, requires all shrimp skimmer trawl vessels 40 feet and greater in length to install and use TEDs designed to exclude small sea turtles in their nets.

Rabobank Senior Seafood Analyst Gorjan Nikolik Sees Promising Indicators for Farmed Shrimp and Salmon

Gorjan Nikolik, senior analyst at Rabobank, explained that demand growth for both salmon and shrimp in the second half of 2024 remains uncertain, but there is optimism for both markets as Western economies recover.

Merck Animal Health Completes Acquisition of Elanco’s Aqua Business

July 18, 2024 Merck Animal Health

As a result of the acquisition, Merck Animal Health now owns innovative products such as CLYNAV®, a new generation DNA-based vaccine that protects Atlantic salmon against pancreas disease and IMVIXA®, an anti-parasitic sea lice treatment and water treatment products for warm water production, complementing Merck Animal Health’s vaccine portfolio.

Generation Food Rural Partners Launches Bayou Best Foods to Enable Sustainable Seafood Options, Appoints CEO

July 18, 2024 Bayou Best Foods, Inc.

Bayou Best has been launched to commercialize a portfolio of proven intellectual property that supports a truly sustainable, animal-free solution to the seafood industry while delivering great tasting solutions for customers. Bayou Best will have an initial focus on shrimp with plans to extend into adjacent categories. In 2023, the global shrimp market size was $40.35 billion and is projected to grow to $74.24 billion by 2032 at a CAGR of 7.09% during the 2024-2032 period.

Prime Shrimp Expands its Retail Footprint to Include Key Locations Across the Pacific Northwest

July 17, 2024 Prime Shrimp

Prime Shrimp is expanding its footprint of retail accessibility to the Pacific Northwest through three key retailers: Yoke’s Fresh Markets, Rosauer’s Supermarkets, and Super 1 Foods. Four flavors of Prime Shrimp’s popular boil-in-bag frozen shrimp and sauce product are now available at 54 locations across the three retailer banners.