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Profitable cod farming requires high sales prices

NORWAY
Tuesday, May 24, 2022, 07:00 (GMT + 9)

It can cost between NOK 40 and 43 per kilogram of round weight to farm a cod until it is ready for slaughter. Is it possible for cod farming to be profitable with such production costs? “A profitable industry requires either high prices for wild cod, or that cod farming actors are able to differentiate farmed cod from wild cod, so that one can justify production costs in terms of market price”, says Morten Heide, market researcher at Nofima.  He has led the work on the recent report, which highlights the potential of farmed cod – quality, market perception and economy. Eleven Nofima scientists with different professional backgrounds have compiled the report.  A brief summary: There are no major issues in terms of quality, and the market seems to welcome farmed cod. Economically important parameters such as slaughter weight, mortality rates an... FULL STORY

Argentina
The role of women in the fishing sector
May 24, 01:00
Although it represents 50 percent of the labor force in the sector, the occupation of managerial positions is ... FULL STORY
Argentina
The role of women in the fishing sector
May 24, 01:00
Although it represents 50 percent of the labor force in the sector, the occupation of managerial positions is ... FULL STORY
South Korea
Korean imports of frozen pollock milt increased by 53%
May 24, 01:00
Until April 2022, 435,571 tons of seafood were imported, and frozen pollack milt accounted for 5,057 tons, or ... FULL STORY
Norway
The Norwegian Pelagic Fishing Course in Week 20
May 24, 00:50
Knalluke on the North Sea herring, and stepped on the sandeel. North Sea herring: Quite unexpectedly... FULL STORY

France
Petit Navire will invest 1.50 million euros in its Douarnenez center in 2022
May 24, 07:00
Leader in canned tuna on the French market, Petit Navire will invest €1.50 million in 2022 to modernize the Douarnenez site and develop a new ran... FULL STORY

Viet Nam
FIMEX VN sales reached VND 435 billion in April, shrimp consumption is forecasted to increase sharply in May
May 24, 07:00
VASEP, the Vietnam Association of Seafood Exporters and Producers, reports that Sao Ta's sales in April 2022 increased by 10% compared to the same per... FULL STORY

China
170 million shrimp fry released into Wulei Island Bay in Wendeng
May 24, 01:10
On the morning of May 20, the Ocean Development Bureau of Wendeng District, Weihai City organized a proliferation and release activity, and 170 millio... FULL STORY
MORE NEWS
Norway
May 24, 00:10 (GMT + 9):
Statistics │ Exports │ Mackerel │ Japan, China, Netherlands, Vietnam │ Apr-2022
Norway
May 24, 00:10 (GMT + 9):
Statistics │ Exports │ Mackerel, Herring, horse Mackerel │ Apr-2022
Norway
May 24, 00:10 (GMT + 9):
Statistics │ Exports: by country │ Frozen mackerel │ Aug-Apr 2021/2022
Japan
May 24, 00:10 (GMT + 9):
Statistics │ Import │Frozen mackerel, IQ fillet, processed products │ 2021-22
China
May 24, 00:10 (GMT + 9):
Statistics │ Import │Mackerel │ by country │ 2021-22
Spain
May 23, 07:00 (GMT + 9):
Marine Instruments launches incubator for talent and ideas
France
May 23, 03:00 (GMT + 9):
Prosol (Grand Frais) finalizes the acquisition of Océalliance
Russian Federation
May 23, 02:00 (GMT + 9):
Vladivostok Fish Terminal puts into operation refrigerating facility of 7,000 tonnes in capacity
Indonesia
May 23, 02:00 (GMT + 9):
Indonesian raw shrimp prices fell in the middle of May
South Korea
May 23, 01:00 (GMT + 9):
Salmon prices remain good but salmon imports fall in Korea
Norway
May 23, 00:50 (GMT + 9):
Statistics │ Export by destination │ Atlantic salmon: semi-dress fresh, fillets: frozen │ by country │ Apr-2022
United States
May 23, 00:40 (GMT + 9):
Statistics │ Export │ Frozen salmon: Chum, Pink │ MNSF │ 2021-22
 

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