High prices and low growth in salmon supply will persist for several more years says Rabobank
SEAFOODNEWS.COM by John Sackton - August 28, 2014
Rabobank has released a new report on the salmon industry written by Gofjan Nikolik, the bank's fishery analsyst. It is a follow up to the report written in 2011.
Rabobank predicted an unusually persistent 'high cycle' for farmed salmon, in which low growth rates and expanding demand kept prices high, and provided strong profitability for producers in both Norway and Chile.
In the first half of 2014, production growth surged 8%, and prices tumbled...
To Read Full Story Login Below.