AGP Executive Report
Last update: 4 hours agoAquafeed Supply: Cargill warned that more frequent El Niño events could disrupt Peru’s anchovy harvests, tightening supplies of fishmeal and fish oil used in aquafeed. Industry views differ on whether the weather pattern is becoming more frequent. Seafood Industry Deal: Umios agreed to acquire High Liner Foods for C$27 per share in cash, a deal valued at about $804 million that would combine seafood processing and distribution businesses. U.S. Seafood Policy: The Trump administration unveiled a strategy covering seafood, aquaculture and commercial fishing, with plans to expand processing and introduce a voluntary label for seafood caught by U.S. vessels. Farm Support: Zamboanga Peninsula seaweed growers will receive P34.66 million in nursery materials to support production. Aquaculture Innovation: Canadian salmon farmers say 80% of their feed is now non-fish ingredients, while the University of Maine has opened a new sustainable aquaculture facility. Long-Term Policy: The European Commission’s Vision 2040 sets out a new direction for fisheries and aquaculture.
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