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Canada: The outlook is good for the biological production of pink (“humpback” or “humpies”) and chum (“dog”) salmon this year, but prices are not that good for these species
Although up from previous years, last year the commercial salmon fishing fleet in Alaska received about US$ 0.43 for each of the 243.4 million pounds of pink salmon that were caught (~€ 0.73 per kilo). This represented almost 40% of the volume of all salmon caught in Alaskan waters in 2012, but only just over 20% of the overall value. Reporter Margaret Bauman recently provided more details about this year’s anticipated harvest in The Cordova Times;
Commercial salmon harvests are expected to shoot up 39 percent this summer, a welcome bounty for Alaska fishermen -- especially those harvesting pink salmon. Biologists with the Alaska Department of Fish and Game are forecasting an increase from 129 million fish in 2012 to 179 million fish this year -- largely due to a boom in pink salmon harvests. The total haul is expected to include 110,000 Chinook salmon in areas outside of Southeast Alaska, 34.3 million sockeye (“reds”), 3.9 million silver (coho), 117.8 million pink and 22.7 million chum salmon.
Pinks, pinks and more pinks
The projected pink harvest is a whopping 73 percent higher than the harvest of 68 million humpies in 2012. On the other hand, the projected sockeye and chum salmon harvests are expected to be flat. For the Copper River district, the total run forecast of 2.24 million reds is close to the recent 10-year average total run of 2.28 million reds. If realized, this year’s run would be the 11th largest since 1980, state biologists said.
Meanwhile, there's good news on the economic front for all those fish, says Gunnar Knapp, a fisheries economist and interim director of the University of Alaska Anchorage Institute of Social and Economic Research. Knapp told the Alaska House Fisheries Committee in February that there’s reason for optimism about the future of wild Alaska salmon.
Salmon demand rising
The global demand for salmon is likely to continue growing, due to growing incomes, the health benefits of salmon and new product forms that appeal to a broader range of consumers, Knapp said. And the pool of consumers is growing, too. Wild salmon are in limited supply and there is a potential for niche market differentiation, he said. There are also potential limits to future growth of farmed salmon production, due to the continuing potential for disease problems and limits to fish oil and fish meal feed sources, he said.
Alaska's wild salmon face their own challenges, including resource uncertainty and the potential for farmed salmon supply growth to exceed demand growth, plus potential competition from other fish species, world economic uncertainty and political uncertainty, he said. For the short term, the outlook for Alaska salmon markets is uncertain and will be affected by many factors that are difficult to predict, he said. These include the actual Alaska salmon harvests, other wild salmon harvests, including Russian pinks and Japanese chum; the exchange rate for the Japanese yen and the euro; farmed salmon market conditions, and factors affecting Alaska processor costs. In general, as of February the market outlook looks relatively favorable for the rest of the year, he said, with sockeye harvest volumes likely to be lower, and canned salmon markets strong.
UK: Institute of Aquaculture laboratory shortlisted for S-Lab Award. » Read more
Canada: With its season opening today, the first of the popular fish should be available in Seattle stores shortly- expect to pay a fortune » Read more
Norway: Due to strong investor demand, SalMar ASA ("SALM") decided to increase the transaction and has today sold 7,325,000 shares in BAKKA at a price of NOK 70 per share. » Read more
Morpol's consolidated operating revenue in Q1 2013 amounted to EUR 128.2 million, which was higher by EUR 9.0 million in comparison to operating revenue generated in the same period last year. » Read more
Chile: Sernapesca will decrease the authorized number of smolts to be transferred to the sea (sowings) in the north of the Region of Aysén -probably by 25 percent, in an attempt to reduce the sanitary risk after two cages were found positive to ISA virus last month. » Read more
Canada: Only the staunchest optimists and supporters of the business- friendly B.C. Liberal Party would have thought that the party could win a fourth, consecutive mandate » Read more
Norway: The Group's profit before tax and before fair value adjustment of biomass was NOK 357 million in Q1 2013, compared with a corresponding figure of NOK 89 million in Q1 2012. Estimated tax cost for Q1 2013 is NOK 150 million compared with NOK 48 million for the same period last year » Read more
AKVA group achieved revenues of 222.1 MNOK (243.7 MNOK) in the first quarter of 2013 with an EBITDA of 10.4 MNOK (39.7 MNOK). » Read more
Given the very positive reaction from the private shareholders of Cermaq to a bid being launched, Marine Harvest will remove the previously announced condition that our bid for Cermaq will require acceptance for the sale of the government's shares. » Read more
UK: The Scottish Aquaculture and Fisheries Bill successfully passed through Stage 3 of the Parliamentary process yesterday, the Scottish Government said in a statement. » Read more
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