A Perfect Salmon Fish Storm Is Brewing
A perfect storm is brewing and has been in the market for both farmed and wild salmon, which is driving prices higher that we are a used to seeing.
Salmon production in Chili is down due to regulations from the government in an effort to avoid ISA ( Infectious Salmon Anaemea), a viral disease of the Atlantic salmon that are farmed in Canada, Norway, Scotland and Chili resulting in a large market loss.
In addition, Chilean ports are shut down due to strikes at dozens of ports impacted the market, not only for salmon exporters, but also effecting the export of copper and fruit, which is expected to hit a loss in the neighborhood of $400 million.
