“Another bizarre handout in this Farm Bill is the creation of a Catfish Office inside the U.S. Department of Agriculture. At a cost of $15 million a year, USDA will hire inspectors to visually inspect catfish in seafood facilities – and only catfish.
“Senator Shaheen and I (and 11 other Senators) have sponsored legislation to kill this catfish program. In 2012, our legislation was adopted in the Senate by voice vote. Last year, the House Agriculture Committee passed a bi-partisan amendment to repeal it in the Farm Bill. Despite all of this opposition, the unpopular Catfish Office resiliently survived conference!
“Americans do not need a new USDA catfish inspection program. The Food and Drug Administration (FDA) already tests catfish along with all other seafood. But certain Farm Bill conferees are insisting on creating a Catfish Office because catfish farmers in southern states don’t want to compete against foreign catfish importers. Its true purpose is trade protectionism at the taxpayer’s expense. Under this Farm Bill, there will be a virtual ban on catfish imports for several years while foreign inspectors switch from FDA’s inspection procedures to USDA’s catfish procedures.
“The GAO investigated the proposed Catfish Office and in four different reports called it ‘duplicative and wasteful’ and warned that it ‘fragments our food safety system’ by spitting FDA’s responsibility to inspect seafood. In fact, one GAO report simply titled, ‘Responsibility for Inspecting Catfish Should Not Be Assigned to USDA’ called on Congress to eliminate the Catfish Office. Both USDA and FDA have questioned the scientific value of the proposed Catfish. Several years ago, USDA studied the idea and concluded, ‘There is substantial uncertainty regarding the actual effectiveness of a [USDA] catfish inspection program.’ Even the President’s Budget proposed to zero it out.
“American consumers should also be concerned about the trade implications of this program. Some nations, including Vietnam, have threatened WTO retaliation against American agriculture exports, like beef and soybeans. Trade experts warn that this catfish gimmick is the kind of protectionism that harms our efforts to win concessions under trade agreement negotiations like the Trans Pacific Partnership, which could reduce tariffs on American products sold to Asian trading partners.
“Again, Senator Shaheen and I tried to eliminate the Catfish Office in the Senate’s Farm Bill, but the managers blocked a vote on our amendment. The House Agriculture Committee did the right thing and passed a Farm Bill amendment to eliminate it. Unfortunately when this bill went to conference, several Senate conferees blocked a vote in conference to repeal it and actually rewrote the law to fortify it.
“Mr. President, it seems that catfish is one bottom feeder with friends in high places.
“Mr. President, at the end of the day, this Farm Bill will be hailed by its supporters as reform-minded. Let me assure the American public that it is hardly reform. It was managed under a closed-amendment process and will prove to be more wasteful and costly than any Farm Bill we’ve seen to date. For these reasons, I urge my colleagues to join me in opposing this bill.”
(seafood.vasep.com.vn) The US remains Vietnam’s largest single market for shrimp imports, accounting for 20% of Vietnam's total shrimp exports globally. As of October 15th, 2024, Vietnamese shrimp exports to the US reached nearly 600 million dollas, marking a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) According to Vietnam Customs, pangasius exports to Canada reached over 1 million USD in the first half of October 2024, a 33% decrease compared to the same period last year. However, by October 15, 2024, total pangasius exports to Canada had reached 32 million USD, reflecting a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) Cà Mau is accelerating its digital transformation, developing green industries, and promoting high-tech processing of agricultural and aquatic products, with a focus on sustainable economic growth and environmental protection.
(seafood.vasep.com.vn) The Dong Thap Pangasius Festival 2024, themed 'Dong Thap Pangasius: Green Journey - Green Value', will take place on November 16-17 in Hong Ngu City.
The positive business momentum in the domestic seafood sector could last into the first half of 2025, according to experts.
(seafood.vasep.com.vn) In the first three quarters of 2024, brackish water shrimp production exceeded 1.1 million tons, with export revenue reaching $2.8 billion. The seafood industry has set a target of $4 billion for shrimp exports for the entire year.
While the price of 1 kg of shrimp hovers around 20 USD, the value of 1 kg of chitosan—extracted from shrimp—can soar to 500 USD. This highlights a significant challenge within the seafood processing industry.
(seafood.vasep.com.vn) By October, Vietnam's shrimp exports had generated nearly $3 billion, reflecting an increase of over 10% compared to the same period last year. Shrimp remains the leading commodity contributing to the export turnover of the entire seafood industry.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX VN - HoSE: FMC) concluded Q3/2024 with significant growth in revenue. Specifically, Sao Ta Food recorded revenue of VND 2,845 billion, a 58.6% increase year-on-year. The company's profit after tax reached VND 95 billion, up 6.2%.
VASEP's Seafood Export Report for the third quarter of 2024 provides a comprehensive overview of Vietnam's seafood export performance in the first nine months, with impressive results reaching $7.2 billion—an increase of 9% over the same period last year. In the third quarter alone, seafood exports grew by 15%, totaling $2.8 billion. This growth is attributed to a recovery in demand and prices in key markets such as the U.S. and China, as well as the competitive advantage of value-added products in markets like Japan and Australia.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
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