The Economics Of Salmon Aquaculture

First published in 1990, The Economics of Salmon Aquaculture was the first book to systematically analyse the salmon aquaculture industry, from both a market and production perspective. Since publication of the first edition of this book, the salmon aquaculture industry has grown at a phenomenal rate, with salmon now being consumed in more than 100 countries worldwide. This second edition of a very popular and successful book brings the reader right up to date with all the major current issues pertaining to salmon aquaculture. Commencing with an overview of the production process in aquaculture, the following chapters provide in-depth coverage of the sources of the world’s supply of salmon, the growth in productivity, technological changes, environmental issues, markets, market structure and competitiveness, lessons that can be learnt from the culture of other species, optimal harvesting techniques, production planning, and investment in salmon farms. Written by Frank Ashe and Trond Bjørndal, two of the world's leading experts in the economics of aquaculture, this second edition of The Economics of Salmon Aquaculture provides the salmon aquaculture industry with an essential reference work, including a wealth of commercially important information. This book is also a valuable resource for upper level students and professionals in aquaculture and economics, and libraries in all universities and research establishments where these subjects are studied and taught should have copies of this important book on their shelves.

Salmon aquaculture is growing at an enormous rate in countries such as Norway, Scotland, Ireland, Japan, Canada and Chile, with the development spreading to other areas including Australia, New Zealand and the United States. Yet little systematic data and economic analyses are available with respect to the impact this development has on world salmon markets and the economic viability of the industry. This book has been written to satisfy the need for a text on the economics of salmon aquaculture. It describes salmon aquaculture production and analyses its impact on salmon markets. Economic theory is adapted to the particularities of intensive aquaculture, and appropriate management models are developed and applied to salmon aquaculture.

Over the past few years, there has been significant growth and development in the salmon farming industry. In order to be successful, practitioners not only need to know how the salmon lives and survives in the wild but, amongst other things have knowledge of disease, production processes, economics and marketing. The Handbook of Salmon Farming is a practical guide that covers everything the practitioner needs to know, and will also be of great use to academics and students of aquaculture and fish biology. The editors have invited contributions from experts in academia, the fish industry and government to provide an up-to-date and comprehensive handbook.

with the issues involved in the management of salmon fishing. farming and ranching and the implications for production costs and the availa bility of supplies. Chapters 6 and 7 investigate processing. marketing and distribution and Chapter 8 discusses the workings of salmon markets and the main factors affecting the demand for salmon. Finally. chapter 9 summarises the main findings of the study and considers the issues likely to define the future of the industry. The main interest of the book is in salmon sold commer cially and mention is only made in passing of the rather different. though important. issues involved in the management of sport or recreation fisheries. This book does not cover all species of salmon but concentrates on the main species of current commercial significance. These are the five commercially important species of Pacific salmon all of which belong to the single separate genus ONCORHYNCHUS together with SALMO SALAR. the Atlantic salmon. The related SALMO GAIRDNERI (rainbow trout) and SALMO TRUTTA (brown troutl seatrout) are outside the scope of the book. although since these compete closely with salmon. the relationship is discussed. 1.2 THE SALMON: LIFE CYCLE AND SPECIES The family salmonidae is indigenous to the Northern Hemisphere and is found from the temperate zone northwards to beyond the Arctic Circle. 1n both Pacific and Atlantic waters. They are not· native to the Southern Hemisphere but have been successfully introduced into New Zealand. into Argentina. Venezuela and more recently Chile and the Kerguelen Islands.

Presenting state-of-the-art research on the economics of producing and marketing aquacultural products, this volume addresses critical issues concerning profitability, market acceptance, and economic modeling of various aquacultural products. Research approaches range from firm-level bioeconomic modelling to market-level econometric modelling of industry growth and product substitution. The studies highlight the institutional structures and public policy issues that will shape growth and development of aquaculture into the twenty-first century, including trade policies, food safety, and environmental quality.

Currently, 70% of the salmon consumed in the world comes from aquaculture, the main producers being Norway, Chile and Canada and represents the third largest economy in aquaculture. This book provides an introduction to the economics of salmon aquaculture.

A comprehensive guide to the responsible development of salmon aquaculture to the mutual benefits of all resources and individuals affected by this industry. Geographic distribution, approaches to problems of rearing in open and closed marine systems, techniques dealing with transportation and feeding, consequences of environmental factors on aquaculture and regulations and economic considerations are among the issues discussed.

Salmon aquaculture can be a potential solution to bridge the gap between declining capture fisheries and increasing seafood demand. However, the environmental impacts it creates have generated criticism. The overall objectives of this dissertation are to examine the economic consequences of environmental issues associated with salmon aquaculture, and to explore policy implications and recommendations for reducing environmental impacts. These objectives are addressed in five main analyses. The growth of salmon aquaculture is analyzed based on farmed salmon production in the four leading producing countries and the sector as a whole. Analyses indicate that salmon aquaculture is unlikely to continue to grow at its current pace. A joint production function approach is used to estimate pollution abatement costs for the salmon aquaculture industry. Results reveal that pollution abatement costs vary among observations and models. On average, pollution abatement cost is estimated at 3.5% in terms of total farmed salmon production, and 6.5% in terms of total revenue of farmed salmon. The ecological and economic impacts of sea lice from salmon farms on wild salmon population and fisheries are also studied. Analyses suggest that these effects are minor when the sea lice induced mortality rate is below 20%, while they can be severe if the mortality is greater than 30%. Sea lice have greater ecological and economic impacts on pink salmon than on chum salmon. These effects are greater under a fixed exploitation rate than under a target escapement policy. The economic performance of open netcage and sea-bag production systems for salmon aquaculture is compared. Netcage systems appear to be more economically profitable than sea-bag systems when environmental costs are either not or only partially included. Sea-bag systems can be financially profitable only when the salmon they produce can achieve a price premium. Finally, policy implications are explored and recommendations are mad.

"Becoming Salmon is the first ethnographic account of salmon aquaculture, the most recent turn in the human history of animal domestication. As fish are enrolled in new regimes of marine domestication, traditional distinctions between fish and animals are reconfigured, recasting farmed fish as sentient beings, capable of feeling pain and subject to animal welfare legislation. Drawing on ethnographic fieldwork in Norway and Australia, the author traces farmed Atlantic salmon through contemporary industrial practices, and shows how salmon are bred to be hungry, globally mobile, and alien in their watersheds of origin. Attentive to the economic context of industrial food production as well as the mundane practices of caring for fish, it offers novel perspectives on domestication, human-animal relations, and food production"--Provided by publisher.