fishmeal Archives - Page 3 of 4

US fishmeal producers left exposed by China’s 25% tariff blow

August 16, 2018 — US fishmeal producers — including the US’ largest fishmeal producer Omega Protein — are “certainly in some trouble” after China announced last week it would impose 25% tariffs on imports from the country, said a fishmeal industry analyst.

Jean-Francois Mittaine, an analyst with 30 years’ experience in the sector, told Undercurrent News Omega Protein and others in the sector will struggle to find new markets as Chinese importers turn to alternative sources. This will hit both the menhaden fisheries of the Gulf of Mexico and the pollock fishmeal industry of Alaska.

“For the Americans it is a problem,” said Mittaine. “I don’t see what they’re going to do with their fishmeal.”

Last Wednesday, China’s Ministry of Commerce said it would impose an additional tariff on imports of US fishmeal of 25% (HS code 23012010). The ingredient used in animal and fish feed was among 333 US goods worth $16 billion in annual trade targeted.

The Chinese counter-move will take effect immediately after the US imposes tariffs on the same amount of Chinese goods on Aug 23.

Read the full story at Undercurrent News

Peru’s Anchovy Season Has Officially Ended With Shortfall

February 2, 2018 — SEAFOOD NEWS — Peru’s anchovy fishing season officially concluded at the end of January. Fishing was constrained by fishing bans and restrictions put in place due to the large percentage of juveniles.

The bans were lifted in early January, but the season closed less than a month later due to the beginning of spawning.

According to Wayne Bacon of Hammersmith Marketing Ltd., the Peruvian anchovy fishery failed to reach their quota. The total catch appears to be at 650,000 m/t, which is under the anticipated quota by approximately 850,000 tons.

The catch will produce 148,000 metric tons of fishmeal.

Trade sources told Bacon that approximately 160,000 m/t of fishmeal has been presold. With production expected to be less than 150,000 metric tons, there is speculaton that there will be limited supplies for new sales, not already contracted.

This sets the stage for prices of fishmeal to increase.

This story originally appeared on Seafoodnews.com, a subscription site. It is reprinted with permission.

Omega Protein sets date to decide on Cooke deal

November 27, 2017 — Cooke Aquaculture will know as soon as Dec. 19, a week before Christmas, whether it’s getting what it hoped to find under the tree: a large Houston, Texas-based company that catches menhaden and reduces it to fishmeal and fish oil.

That’s the date Omega Protein has set for a shareholder vote on its proposed acquisition by the Cooke’s New Brunswick, Canada-based parent company, according to a new Securities and Exchange Commission filing.

Read the full story at Undercurrent News

SFP report: Better management happening for reduction fisheries

October 30, 2017 — Sustainable Fisheries Partnership has released its annual sustainability overview of reduction fisheries for 2017, showing an overall improvement in their management.

The report, “Reduction Fisheries: SFP Fisheries Sustainability Overview 2017,” reviewed 20 of the most significant fisheries used for the production of fishmeal and fish oil, concluding that 81 percent of the total catch volume out of those fisheries came from stocks that are “reasonably well managed or better.”

“This compares to 57.4 percent last year – a very large improvement,” according to an SFP press release.

An estimated 1.7 million metric tonnes – or 17 percent – of the total catch used for reduction purposes came from poorly managed fisheries, “a significant drop compared to 42.6 percent last year,” according to SFP.

Of the 20 stocks used for the survey, 10 have fisheries certified by the Marine Stewardship Council, 19 have fisheries that are covered by the IFFO Responsible Sourcing certification, and three are covered by fishery improvement projects. According to the SFP, more than two-thirds of the production covered in its study comes from fisheries that are MSC-certified or under full assessment (25 percent), or in a FIP (44 percent). Those include the newly launched FIPs for Peruvian anchovy (north-central stock) and Mauritanian small pelagic species.

Read the full story at Seafood Source

Fishmeal-free info deemed misleading and misguided

October 6, 2017 — A competition established to inspire the increased use of alternative ingredients to fishmeal in aquafeeds has been lambasted for “the organisers’ use of negative messaging, exaggeration and misinformation in relation to marine ingredients”.

The winners of the fishmeal-free feed (F3) challenge were announced in Dublin yesterday. However, a statement from IFFO, the marine ingredients organization, – while congratulating the winners – laments that: “Unfortunately, the F3 Challenge organisers have refused our offers to enter into dialogue or meet and provide up-to-date facts, instead choosing to seek publicity through a number of misleading or false statements.”

IFFO rubbishes claims that marine ingredients are not sustainable by pointing to the fact that “over 45% of the global production of fishmeal and fish oil is now independently certified as being safe and environmentally responsible, including in its sourcing of raw materials, a figure that far exceeds any other source of feed ingredient”.

Read the full story at The Fish Site

U.S. Gulf and Atlantic Menhaden Fisheries Enter MSC Sustainability Assessment

HOUSTON — June 15, 2017 — The following was released today by Omega Protein:

Last week, the Marine Stewardship Council (MSC) announced that the U.S. Atlantic menhaden and U.S. Gulf of Mexico menhaden fisheries have entered the evaluation process in order to acquire the respected blue ecolabel for sustainable fishing. The assessments are being conducted by third-party independent auditors SAI Global at the request of Omega Protein.

Atlantic Menhaden

Atlantic menhaden (Brevoortia tyrannus) are small, oily fish that are caught commercially in a fish meal and fish oil fishery and a bait fishery. They appear in estuaries and coastal waters from northern Florida to Nova Scotia. While considered unfit for direct human consumption, menhaden caught via the modern purse seine method are used in fish meal and fish oil for human and animal nutrition, due to their high natural concentration of healthy omega-3 fatty acids. Menhaden are also valuable as bait for fishermen targeting other commercially valuable species, such as lobster.

Gulf Menhaden

Gulf menhaden (Brevoortia patronus) have a similar biology to Atlantic menhaden and are also caught in both a fish meal and fish oil fishery and a bait fishery. They have a Gulf-wide range, from the Yucatan Peninsula in Mexico, across the western and northern Gulf to eastern Florida. Adults are found in nearshore waters and lower bays, while juveniles are found in fresh and brackish estuaries and rivers.

The Second Largest U.S. Fishery

Between the Atlantic and Gulf Coasts, the U.S. menhaden fishery is the second largest in the country by weight, trailing only Alaska pollock. The purse seine fishery is notable for being extremely clean; according to the National Oceanic and Atmospheric Administration’s Chesapeake Bay Office, it is “one of the most selective, and effective fisheries,” as evidenced by an insignificant bycatch.

Commercial landings of Atlantic menhaden peaked in the 1950s, while commercial landings of Gulf menhaden peaked in the early 1980s. Harvest levels of menhaden have significantly decreased, essentially tracking fishing effort, since those high points, and the most recent stock assessments of Gulf menhaden and Atlantic menhaden confirm that neither species is undergoing overfishing or being overfished.

Statements from Omega Protein and MSC

“The MSC blue ecolabel is the gold standard for sustainable fishing worldwide. We are extremely proud of the work we’ve done to conduct our fishing operations sustainably, and we’re excited to share this work with the auditors as they undertake this assessment to the MSC Standard,” said Ben Landry, the Director of Public Affairs for Omega Protein. “We are confident that the menhaden fishery will meet the MSC Standard, recognizing its advances in responsible harvesting methods as we continue to pursue the most sustainable fishing practices available.”

“We welcome the U.S. Gulf of Mexico and Atlantic menhaden purse seine fisheries’ decision to enter MSC assessment,” said Eric Critchlow, MSC U.S. program director. “This is an important milestone for the MSC and for fishing in the United States.”

MSC’s Standard for Sustainable Fishing

The MSC Fisheries Standard is designed to assess the sustainability of fishery practices and management methods. The standards used to evaluate fisheries have been developed in deliberation with scientists, industry, and conservation groups, and reflect the most up-to-date fisheries science and management practices.

The MSC Standard is based on three core principles that every fishery must meet in order to be MSC certified:

Sustainable fish stocks: Fishing activity must be at a level which ensures it can continue indefinitely.
Minimizing environmental impact: Fishing operations must be managed to maintain the structure, productivity, function, and diversity of the ecosystem.
Effective Management: The fishery must comply with relevant laws and have a management system that is responsive to changing circumstances.

The assessment is being carried out by the certification body SAI Global Assurance Services and has an expected completion date of December 2017. The MSC assessment process is open for public input. Those interested in the menhaden fishery can participate by contacting Jean Ragg at Jean.Ragg@saiglobal.com.

GAA and IFFO join forces to improve responsible fishmeal supplies in SE Asia

June 5, 2017 — The following was released by The Global Aquaculture Alliance (GAA) and IFFO, the Marine Ingredients Organisation:

The Global Aquaculture Alliance (GAA) and IFFO, the Marine Ingredients Organisation, have joined forces and funding on a project to improve the understanding of the fisheries of South East Asia supplying raw material for fishmeal production. The study will look at the issues from the perspective of social, economic and environmental sustainability with the aim of identifying where improvements can be prioritised and targeted to enable increasingly responsible supplies of fishmeal. This will support change in fisheries management in the region, driving the adoption of certification in the supply chain, which will ultimately support the development of best practice in aquaculture. A variety of relevant and critical stakeholders from NGOs to Governments and feed companies to standards holders will be invited to participate. Duncan Leadbitter (Fish Matter Pty) has been retained to lead the project on behalf of the two organisations. The project will begin in July 2017 and is expected to run for 18 months.

“Although the raw material supply for fishmeal production globally comes in the main from well managed fisheries and byproduct, it is recognised that there are some environmental and social challenges with the sourcing of raw material in South East Asia. As demand for responsibly produced fishmeal in this region is increasing, IFFO welcomes the opportunity to work with the GAA in addressing where the constraints to responsible production lie, and look at how these may be addressed to promote change in the region” noted Andrew Mallison, IFFO’s Director General.

The fisheries of South East Asia provide a large volume of raw material for fishmeal and fish oil production, which is a primary ingredient supplied into the aquafeed markets in the region for manufacture of feed for the aquaculture industry. End users of aquaculture are increasingly recognising the need to ensure fish is produced responsibly. The development of certification standards for aquaculture and aquafeeds has placed additional emphasis on the importance of sourcing responsibly-produced feed ingredients. If aquaculture facilities are to be able to meet the market demands, then improvements need to be made in this region in order to fill the gap between available, certifiable, fish feed inputs and demand.

The focus of effort will be on the countries of Thailand and Vietnam given their importance in fishmeal and fish oil manufacture and supply. A knowledge base will be established covering issues, actors, data pertaining to economic, environmental and social sustainability through the supply chain, allowing for the identification of priorities and recommendations for further work.

“It is critical we better understand where to target improvement efforts and how best to support the region in meeting the increasing demand for fish meal inputs; both the welfare of the fisheries and the associated communities, as well as the development of responsible aquaculture to meet global demand, relies upon truly sustainable supplies – this is the juxta position between wild and farmed seafood” commented Melanie Siggs, Director of Strategic Engagement, GAA.

Vulnerability and the level of risk associated with farmed and wild seafood in the region will be reduced over time as additional information feeds into a process that facilitates change. This will be the first phase of work to build a base of information for further projects. Progress is likely to occur continually over time as information is provided.

For further information contact GAA: Steven Hedlund E: steven.hedlund@aquaculturealliance.org T: +1-603-317-5085

IFFO: Dr Neil Auchterlonie, Technical Director E: secretariat@iffo.net T: +44 (0)2030 539 195

About IFFO

IFFO represents the marine ingredients industry worldwide. IFFO’s members reside in more than 50 countries, account for over 50% of world production and 75% of the fishmeal and fish oil traded worldwide. Approximately 5 million tonnes of fishmeal are produced each year globally, together with 1 million tonnes of fish oil. IFFO’s headquarters are located in London in the United Kingdom and it also has offices in Lima, Peru, and in Beijing, China. IFFO is an accredited Observer to the UN Food and Agriculture Organisation (FAO). To find out more, visit www.iffo.net.

About GAA

The Global Aquaculture Alliance is an international, non-profit trade association dedicated to advancing environmentally and socially responsible aquaculture. Through the development of its Best Aquaculture Practices certification standards, GAA has become the leading standards-setting organization for aquaculture seafood.

Read the full release here

CFOOD: New Study Sheds Light on Relationship Between Forage Fish, Predators, and Fishing

April 18, 2017 — The following was published by CFOOD. Founded by Dr. Ray Hilborn from the University of Washington, CFOOD is a network of scientists formed to study the science of fisheries sustainability, and to correct erroneous stories about fisheries in the mainstream media:

A paper published earlier this month shows a new understanding of how commercially fishing forage fish impacts forage fish predators like sea birds, marine mammals, and pelagic finfish.

Forage fish are small, silvery, bottom-of-the-food-chain fish that eat plankton and small invertebrates. They are eaten by seemingly everything in the ocean, providing “forage” for many other animals—you’ve probably heard of the two most common forage fish: sardines and anchovies. If asked their favorite marine species, not many people would choose a forage fish, but many would choose a forage fish predator: Penguins and puffins are endearing, dolphins and seals are adorable, and tuna and swordfish are delicious. Forage fish help sustain these populations, but are also favorite foods for many cultures.

With a high oil and protein content, forage fish are also the perfect species for conversion to fishmeal and fish oil. The largest fishery in the world, Peruvian anchovy, is such a fishery. Fish oil provides essential fatty acids and is sold in drugstores as a nutritional supplement. Fishmeal is food for several of our favorite edible animals. It is especially important in farmed fish production (like most of the salmon eaten in the US), but is also fed to terrestrial livestock like cows and pigs. Essentially, forage fish fisheries take a renewable resource and turn them into protein that people eat.

But how do these fisheries affect the marine predators that feed on forage fish? This is an important question that has only recently been investigated. A paper published in 2012 used mathematical models to estimate the impact of fishing forage fish populations on their predators and recommended that commercial reduction fishing be cut by 50-80% to ensure forage fish predators get enough food. However since then, several papers—including some by the authors of the original—have recognized that the models used in the 2012 research were not suitable for the questions asked, and further studies are needed.

The latest, Hilborn et al. (2017) published earlier this month (open access), shows that environmental variability, left out of the original models, is actually the most important factor affecting forage fish populations. Commercial fishing often has little effect on forage fish populations and their predators. Instead, ocean conditions and nutrient cycles (things humans have no control over) dictate how many forage fish survive each year.

The new paper also suggests that the relationship between forage fish and their predators is complicated by several factors. Forage fish predators often rely on specific, high-density locations where the abundance may be largely unrelated to the total abundance of the population. Basically, instead of predators relying on the total number of forage fish, they rely on forage fish appearing in certain locations, such as near breeding areas. Predators are also not singularly reliant on commercially harvested forage fish to survive—most consume a wide variety of prey. Indeed, Hilborn et al. (2017) found no link between larger forage fish populations and increases in predator populations.

Forage fish provide a wonderful service to humans. They are tasty, nutritious, and their harvest provides food for animals that we enjoy and eat, both above and below the surface. Understanding their ecological role is important to ensure sustainability.

Read the story at CFOOD

Watch a video about the study here

Read an infographic about the study here

IFFO RS hits milestone for certification of fishmeal and fish oil production facilities

December 15, 2016 — Almost 45 percent of the global output of fishmeal and fish oil will be certified as responsibly sourced, according to IFFO RS Ltd., the marine ingredients certification organization.

A total of 118 factories in 16 countries have received recognition under the group’s RS Certification Program, which verifies responsible sourcing and production of marine ingredients. Fisheries covered by the IFFO RS certification include anchovy from Peru, pollock from Alaska, sprat in Denmark and Norway, boarfish in the U.K. and Faroe Islands, menhaden from the Gulf of Mexico, and many others, the group said.

Read the full story at Seafood Source

Entrepreneurs getting creative with seafood byproducts

September 28, 2016 — Global fisheries are missing out on millions of dollars in profits from seafood byproducts – including fish oil, fishmeal and lesser-used parts of the fish such as the skin and intestines.

According to a recent study from the Marine Ingredients Organization (IFFO) and the University of Stirling Institute of Aquaculture (in Stirling, United Kingdom) found that, even though there is increasing availability of raw material from aquaculture byproducts, there is significant underutilization of by-products from both wild fisheries and aquaculture.

Fisheries could also be using their by-products for cosmetics, clothing leather, supplements and other products that are more profitable than fishmeal, Thor Sigfusson, founder of the Iceland Ocean Cluster, told SeafoodSource.

Nearly 20 million tons of raw material is used annually for the production of fishmeal and fish oil globally, according to the model used by the University of Stirling researchers. However, only around 5.7 million tons of by-products are currently processed to produce fishmeal and fish oil. An additional 11.7 million tons produced in processing plants which are currently not collected for marine ingredient production.

“If all fish were processed and all the byproduct collected, it is estimated that globally there would be around 36 million tons of raw material available, producing about 9.5 million tons of fishmeal and 1.5 million tons of fish oil,” according to the University of Stirling/IFFO report.

Read the full story at Seafood Source