Coho, trout set for big volume drops as Chilean farmers scrap production
Trout exports from Chile are expected to drop by 42% this year, while coho is forecast to drop 23%
Coho prices down, trout, Atlantic steady
Chilean coho prices to Japan went down for the third straight week after a 30-week climb that ended the week of Oct. 25
Joe Bundrant takes helm of Trident in ‘challenging times’ for sector
Chuck Bundrant names his son Joe CEO of Trident Seafoods, references tough climate in which Trident is ‘blessed to be diversified and financially stable during a time when much of our industry is struggling’
Chilean salmon concessions will be relocated to improve competitiveness
The industry is losing $1 per kilo produced, according to the Chilean undersecretary of Fisheries Pablo Galilea
Agrimarine stock price 32.6% below convertible value of recent $10m loan
The Calgary-listed enterprise saw a drop of the fixed value given to a $10-million convertible debentures issued in September to finance its expansion in fish farming
Six of Chile’s top salmon companies using just 1/3 of concessions
Six of the top salmon companies in Chile use just less than one third of the concessions they own, with 137 out of the 465 concessions owned among them in use
Chilean salmon prices to Japan, US drop
Coho prices to Japan went down again after almost 30 weeks of gains, according to prices collected by the Chilean salmon exchange
Mainstream Chile to invest nearly $10m in a salmon processing plant
The project, waiting for the environmental assessment approval, is expected to start in 2015
Prince William Sound salmon harvest at 96.2m fish
Alaskan fishery still counting the full harvest figures, pink salmon expected to revise the number upwards
Coho prices to Japan drop for first time in nearly 30 weeks
While trout prices strengthened, to almost JPY 800/kilo, coho fell to JPY 665/kilo, while Chile's Atlantic salmon prices to US and Brazil were also down