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Global Seafood Marketing Conference: Strong shrimp, farmed salmon outlook, plant-based proteins headline event

IntraFish s live updates from the National Fisheries Institute s Global Seafood Marketing Conference in Orlando, Florida. Got milk? For now Jim Mulhern of the National Milk Producers Federation doesn t look like a prize fighter, but when he joined the association, he saw an industry that had let the plant-based foods sector walk over it for too long. This is an issue we ve been dealing with for the better part of 35 years, Mulhern said. The problem is, we played nice. I decided not to play so nice and deploy a different strategy and raise visibility of the issue with consumers and legislators.

Wells Fargo: As valuations rise, seafood holds critical advantages over terrestrial proteins

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Seafood Investor Forum: A tsunami of new investment is headed into the fisheries, aquaculture and oceans sectors

Seafood remains risky for meat and poultry producers Ignacio Kleinman, managing partner of Antarctica Advisors, said large animal protein companies are still a little perplexed by the complexity of seafood. He added those sectors might gravitate to salmon or other species that are well-managed, but continue to function in a model that focuses on one species versus several. “They find the sector a little riskier,” he said in terms of aquaculture. Yet, it makes sense for those animal protein producers to get into the sector. “They have the capital, they have the longterm view on business.” In many cases, the lifecycle of the seafood animals is substantially shorter than the lifecycle of beef, he gave as one example.

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