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Channel: North America – Undercurrent News
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Ewos operating profit up on higher sales, weak currency

Increase in sales volume was mainly due to higher sea temperatures and higher demand in Norway during the first half of 2014, as well as improved market share in Vietnam

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Cargill invests $8m in feed plant to supply Mexican tilapia farmers

Feed production at Tehuacan plant will increase by 5,000 metric tons per month, to reach a total monthly production of 19,000t

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Aquabounty plans H1 fundraising on back of expected approval of GM farmed salmon

Aquabounty will need a fundraising in the first half, as the company hopes FDA will finally approve its AquaAdvantage GM salmon

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Target reassessing grocery offerings

Target Corp. is reassessing its grocery offerings as it focuses its attention on its US stores

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Emerging Asian nations taking China’s spot as cheapest tilapia producer

As Chinese competitiveness in tilapia production wanes, nations elsewhere in Asia as well as the Americas are set to grab market share of the fillet market in the whitefish

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Fishery fund benefits big players, few fishermen

A CBC News analysis has discovered that a $16 million fund established in Newfoundland and Labrador in 2008 to benefit the seafood industry has failed to provide independent fish harvesters any money

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Clearwater Q4 earnings up 16% as 2014 turnover hits record

Halifax-based company also sees sales reach record in 2014, attributes performance to strong market demand and strengthening foreign exchange rates

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Salmonex: Chilean Atlantic salmon price to US rises in week 8

The price for Chilean trim D fillets, FOB Miami, was $4.20/lb, six cents more than the previous week

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Production shutdown puts salmon biotech company deep in red

Norway’s Hofseth BioCare reports big loss in Q4 due to production shutdown, positive on product demand in 2015

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Hofseth, NattoPharma give US launch to salmon oil, vitamin product

Hofseth BioCare and NattoPharma are giving a US launch to a product combing the former’s salmon oil with the latter’s vitamin products

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Marine Harvest Rosyth plant key to expansion push for Harbour Salmon brand

New plant gives more capacity and scope for wider range of products for Marine Harvest in the UK, where the salmon group is planning to further grow its Harbour brand

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Slow start to Norway cod catching makes big short-term price drop less likely

A short-term price drop for cod is less likely in 2015, as the fresh season is starting late in what sources are billing as an ‘exciting year’

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Century Tuna buys rights to number of brands

The maker of Century Tuna has spent $100 on a sister company that holds the group’s brands, trademarks and other intellectual property

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Mahi mahi prices expected to rocket on raw material shortage

Slow catches this season will lead to moderate shortages of raw material throughout the year, which could hit prices to record levels seen three years ago

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Derelict crab pots catching king crab near Kodiak Island

NOAA scientists say abandoned traps could be killing 16-37% of the red king crab with shells longer than 40 milimeters

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Celebrity chef Heston Blumenthal makes NZ brand his exclusive salmon source

English chef picks a brand within Seafood Watch's recently green-rated category, Mt. Cook Alpine Salmon, as his exclusive choice for salmon sourcing

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Cooke’s IMTA specialist receives award from French consul general

Thierry Chopin, a scientist pioneering Cooke Aquaculture's launch into multi-species aquaculture, is set to receive a medal of honor from the Consul General of France in the Atlantic provinces

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NFI Salmon Council partners with bloggers, Rubbermaid

The National Fisheries Institute’s Salmon Council partnered with three food bloggers and Rubbermaid to promote US salmon consumption

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Health scare hits in Sydney over imported tuna

Four people in Sydney are suffering from food poisoning after eating sandwiches made with imported tuna from Thailand

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Pinnacle sees lower sales of Mrs. Paul’s, Van de Kamp’s seafood brands

Frozen prepared seafood segment drags down sales in the fourth quarter of the year

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