Global Whitefish Supply Will Continue to Decline in 2019
At October’s Groundfish Forum, there were no unexpected developments in global groundfish stocks.
On a year-to-year basis, it was very much business as usual.
But if you look at a three-year picture, from 2017 to 2019, total global wild whitefish production has dropped four per cent, with cod down 13.4 per cent over the past three years.
This change in the supply picture has had price impacts in several areas.
First, international cod prices (Barents Sea) have climbed 21 per cent ...
We catch fish because we can sell them and earn an income.
We don’t intentionally catch fish for which there are no markets.
We can earn a better income, if we have a better understanding of what markets want and are willing to pay for and if we then organize ourselves to provide it.
It’s also important to understand that markets change over time, sometimes because of changes in what customers want — or can be enticed to buy — and sometimes because of changes in what can be ...