This week in the foreign exchange market
was rather uneventful, with the exception of further
talks of Greek debt solutions and the Fed Chairman
Ben Bernanke speaking to the unemployment rate
as a primary factor of our anemically growing economy,
according to Russ Barton's Currency Report; This week’s
price trends and movers for the foodservice industry
from Urner Barry’s HRI Buyers Guide; Egg, Chicken,
Turkey, Beef & Pork Market Updates;
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The Urner Barry Daily Report is updated every business day and provides information regarding the latest industry news, market production and price trends for the egg, chicken, turkey, beef, pork and seafood industries.
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The Alaska salmon industry withdrawal from the
MSC certification program is a sign of the maturing
of the sustainability movement. With so many
fisheries certified as sustainable, obtaining certification
is no longer a strategic market advantage - it is a
requirement for entry to the market. In a way, this
makes the MSC a victim of their own success. For
consumers and retailers, the Alaskan decision does
not mean they don’t have sustainable fish - on the
contrary they have a transparent, ISO certification
program to FAO standards. But moving beyond the
MSC gives them the ability to spend more
marketing money on the intrinsic benefits of
Alaska salmon - leading to better differentiation
among competing fisheries, and more education for
consumers. This is a positive step.
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