Solid start in 2025 for land-based salmon farmers

In its update for Q1, Gigante Salmon said that by the end of March it had accumulated a standing biomass of a total 1,070 tonnes.

The Winter 2024 generation accounted for 560 tonnes of the total biomass, with an average weight of 3,500 grams. 

The Autumn 2024 generation makes up the remaining biomass of 510 tonnes, with an average weight of 620 grams. 

Gigante says that production has been positive throughout the quarter, with satisfactory growth. 

The company adds that it will begin harvesting the pilot production ( the winter 2024 generation) in the second quarter of 2025. The expected harvest volume should be approximately 550 tonnes HOG (head on, gutted). 

Meanwhile, Salmon Evolution says it has set a new first quarter production record of 1,624 tonnes with an all-time high standing biomass of 2,939 tonnes at the end of the quarter. This represents a new production record and an increase of 7% on the final quarter of 2024.

The harvest volume of 581 tonnes HOG, reflected deliberate focus on biomass growth, said the company.

Salmon Evolution CEO Trond Håkon Schaug-Pettersen said: “We continue to see stable operations across the farm with strong biological KPIs. Coupled with a new production record in Q1 and also hitting our standing biomass target, we are very well positioned for continued operational improvement over the coming quarters.”

In the long term, the company says it will have the capacity to produce 100,000 tonnes (HOG) of salmon annually.