Korea’s squid prices have surged as domestic supplies tighten, driven by a sharp drop in offshore squid resources. To stabilize prices and boost supply, the Ministry of Oceans and Fisheries has approved four large-scale deep-sea trawlers to fish for Argentine squid (Illex argentinus) in the Southwest Atlantic (FAO Fishing Area 41). Korea’s coastal and offshore squid catch has nearly halved in four years, while consumer prices for frozen squid have jumped 31.8% since 2021, earning it the...

For years, tilapia was a staple in American households and fast-food chains alike—ubiquitous in grocery stores, meal prep, and quick-service menus. But 2025 U.S. seafood trade data reveals a significant shift: frozen basa has officially overtaken tilapia as the dominant imported frozen whitefish, reshaping the market landscape in a trend driven by industrial strength and global supply chain dynamics. In 2025, frozen basa fillet imports reached 247.2 million pounds, accounting for 56% of the...

On February 6, 2026, the North Pacific Fishery Management Council (NPFMC) held a meeting in Anchorage, Alaska, and officially proposed raising the total allowable catch (TAC) of Pacific cod in the U.S. Gulf of Alaska to 30,053 metric tons, a substantial increase of approximately 37% from the previously set 21,826 metric tons, marking a notable shift in the local fishing policy for Pacific cod. The upward adjustment of the quota stemmed from the interruption of funding caused by the...