Salmon prices at record levels

FRESH salmon prices in both Norway and Scotland have been disappearing off the seafood radar screen due to unprecedented high levels since New Year. Spot prices touched more than NOK 78 per kilo in Oslo, while in Scotland they hit between £8 and £8.50 a kilo (NOK 92 to NOK 98). And while they are expected to…

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Salmon farming finds favour in Holyrood

A POLL of Scottish MSPs has found that attitudes towards the Scottish salmon farming sector have improved in the past year. Some 73 per cent of the Rural Economy and Connectivity (REC) committee – which carried out an investigation into salmon farming in 2018 – now view the salmon farming sector favourably. And the number…

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Scottish Salmon Company secures £100m growth package

THE Scottish Salmon Company, recently acquired by the Faroese aquaculture group Bakkafrost, has secured a £100 million refinancing package to help move the business forward over the next five years. In a financial announcement last night it said: ‘The Scottish Salmon Company PLC is pleased to announce that its wholly owned subsidiary, the Scottish Salmon Company…

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Saving wild salmon should be ‘national priority’

THE Scottish government is funding a £750,000 project to track the migration of wild salmon smolt on Scotland’s west coast. The measure was revealed last night following a meeting at Holyrood between politicians and wild fisheries representatives. The scheme will involve the government, the Atlantic Salmon Trust and Fisheries Management Scotland. The Scottish government said…

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Mowi Scotland in new ASC drive for all farms

Mowi Scotland plans to achieve ASC certification at all its freshwater loch sites this year, along with additional seawater sites, the company announced today. Until the ASC (Aquaculture Stewardship Council) revised its salmon standard last year, many farms in Scotland could not comply because the ASC did not allow the production of salmon smolts in…

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Fresh salmon prices hit record high

THE price of fresh salmon in Norway has soared to a record 77 kroner a kilo over the past few days, according to the government organisation, Statistics Norway. The figure is in complete contrast to the situation last summer when prices dropped close to production cost levels, due mainly to higher output from rival countries. At the time…

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Salmon sector reveals wrasse catch data

SCOTTISH salmon farmers have for the first time published catch data for wild wrasse, which are fished in inshore waters and deployed to control sea lice on farms. The Scottish Salmon Producers Organisation (SSPO), which represents the sector, said the voluntary publication of wild catch data for 2018 will help the sustainability of the fishery.…

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Scottish salmon in new US tariff threat

SALMON exports to the US face the renewed threat of tariffs in the ongoing trade dispute between America and Europe. Salmon fillets, along with blended Scotch whisky, have been included by US officials on a list of potential targets for an expanded range of goods facing tariffs. The move is in retaliation against EU subsidies…

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Strikes dampen salmon price rise joy

AFTER months of a downward spiral, salmon prices are rising sharply again. In Norway last week the average price for fresh or chilled salmon was just over 63 kroner per kilo, up by 2.7 per cent on the previous week. The price of frozen salmon was not far behind at almost NOK 60 per kilo.…

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Salmon processor a fast track success

A GLASGOW fish processor which processes luxury salmon products from Scottish farms was hailed at the weekend as one of Britain’s fastest growing private companies. With an annual turnover of almost £27 million, Marine Products (Scotland) featured 66th in the list of 100 businesses, compiled by the Oxford firm Fast Track. The list was published…

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