Farmed Salmon Industry Booms Despite Concerns

EU - Processors are using more and more Norwegian and Chilean farmed salmon, as stocks of the wild version of the fish plunge worldwide.</b> <br><br> Meanwhile the EU and US are looking to lower catches of wild salmon or possibly place restrictions on imports in order to curb a steep decline in stocks worldwide. <br><br> If adopted the policies could reduce the domestic supply and result in processors having to look more and more for imports from non-EU countries such as Chile. <br><br> Figures released by EuroFish indicate that markets in the EU, US and Japan will remain lucrative despite supply fears worldwide. <br><br> Norwegian and Chilean salmon producers have posted record profits for the first four months of 2006, setting a new market high for fresh and frozen farmed salmon. <br><br> <i>Source: Food Production Daily</i>

the Fish Site Editor

Learn more