Over 8,000MT Passed Over During Norwegian Farmed Salmon Auction
Norway’s Ministry of Trade, Industry and Fisheries wrapped up its 2022 auction of new salmon and rainbow trout farming permits and several notable players in the sector were absent from the bidding, leaving 8,243 metric tons unsold.
In total, 24,644MT of maximum allowable biomass (MTB) was awarded for roughly NOK 3.8 billion ($357 million). 32,887MT was offered but just over 8,000MT wasn’t purchased. 22 companies were involved in the auction this year as well.
Ahead of the auction, a pair of industry organizations called for its postponement while the industry...
To Read Full Story Login Below.