Wednesday, January 05, 2011:
Tomorrow it’s back to work for me. The Sandpaper will reshow on city streets next Wednesday. If you have story ideas, make sure to call me at 494-5900, ext. 3034. If I’m not in the pickup mode, leave details and phone contacts. I frequently note that many of the best stories I get at The SandPaper are grassroots pass-ons by folks like those who frequent this blog. If you have heavy political opinions, why not write them up and send them to The SandPaper’s “Letters” section, i.e. email@example.com.
As many of you regulars in here know, I often write things firstly for this blog, then pick and choose certain segments for my weekly column. Sorry if the weekly blog sometimes is a re-hash for you folks. But you get the exclusive first look.
This is also a good time to remind those with fishing and outdoors-related events scheduled in 2011, make sure to get them in early, way early. I can’t count the number of angry emails I get asking, “Why didn’t you write anything about our fishing contest//market/speakers/etc?” Did you ever contact me about it? “Well, no.” I am also the editor of The SandPaper, the entire shebang. I simply cannot keep mental track of all those desultory goings-on that might be common knowledge to the fishing world.
When I know the event details, I can get some real decent publicity out there. Also, make sure to get the details to firstname.lastname@example.org. Anita J, the ultra-efficient keeper of that complex section of the paper, will see to it that you get your place own little place in the coming events. Important: Only events open to the public are published.
I do ask (beg) that you get the results of publicized fishing contests to me. It rarely ever happens.
For fans of “The Deadliest Catch,” the Bering Sea snow crab takes off in mid-January. This year’s allowable catch of just over 54 million pounds is a 13% increase. Of course, the upcoming opilio (snow crab) season won’t be televised until many months after the close of the season.
Making things more interesting for this year’s opilio harvest is the likelihood of a big price increase being paid by processors. That’s in response to demand exceeding supply, especially in Asia. The supply has taken a fierce hit due to Russia’s very audacious move to stop criminal overtures of snow crab and king crabs harvested in its waters.
With the former Soviet Union rapidly becoming a damn rich nation – after nearly dropping to a Third-world standing under communism – the oil and platinum rich country can afford to think conservationally. And, yes, there’s still the threat of Siberia for any over-obstinate fishermen.
“AP: A giant bluefin tuna fetched a record 32.49 million yen, or nearly $396,000, in the first auction of the year at the world's largest wholesale fish market in Japan.
The price for the 754-pound (342-kilogram) tuna beat the previous record set in 2001 when a 445-pound (202-kilogram) fish sold for 20.2 million yen at Tokyo's Tsukiji market.
Japan is the world's biggest consumer of seafood, with Japanese eating 80 percent of the Atlantic and Pacific bluefins caught. The two tuna species are the most sought-after by sushi lovers.
Wednesday's record-setting tuna was caught off Japan's northern island of Hokkaido.
General economic climate report:
Reuters] By Jonathan Spicer - January 5, 2011 - NEW YORK, A surprise surge in U.S. private-sector employment last month to its highest level on record provided the most bullish signal in months that the U.S. economy is slowly mending.
Private employers added 297,000 jobs in December, triple the median estimate by economists and up from the gain of 92,000 in November, an ADP Employer Services report showed on Wednesday.
The news reduced early losses in U.S. stock index futures, though the stock market was still expected to open lower. The jobs report helped send the price of the U.S. 30-year Treasury bond a full point lower.
'You cannot ignore the strength of this report,' Tom Porcelli, a U.S. economist at RBC Capital Markets. 'With small business now beginning to start to ramp up hiring, it's safe to feel better about the labor backdrop.'
Adding to the rosy picture, the number of planned layoffs at U.S. firms fell last month to the lowest level in 10 years, according to a report by consultants Challenger, Gray & Christmas Inc.
Tempering some of the optimism on Wednesday, an industry group said applications for U.S. home mortgages ebbed in the last couple of months of the year, with loan rates hovering around their highest levels in seven months.
The U.S. dollar extended gains against the yen and the euro.
The ADP figures came ahead of the government's much more comprehensive labor market report due on Friday, which will include both public and private sector employment.
That report is expected to show a rise in overall nonfarm payrolls of 140,000 in December, based on a recent Reuters poll of analysts, but a rise in private payrolls of 145,000.
Economists often use the ADP report to fine-tune their forecasts for the payrolls numbers, though it is not always accurate in predicting the outcome.