Thursday, March 17, 2011

Newfoundland and Labrador fishery production value up almost 14 percent in 2010

The Newfoundland and Labrador government says rising food prices around the world are likely to continue to boost the value of the province’s seafood products. In its annual report for 2010, the government puts the production value for the fishery at CAN$942 million (UK£592.14 million). That represents a growth rate of almost 14 percent over 2009, when the figure was CAN$827 million (UK£519.851 million).

The government says the gains were mainly a result of increases in the production value of snow crab and shrimp, with stronger market prices for those species. The province also points to growth in the aquaculture sector last year. Aquaculture production went up 13 percent to a record 15,360 tonnes in 2010, valued at CAN$116 million (UK£72.917 million). Read more ...

This blog is written by Martin Little The Aquaculturists, published and supported by the International Aquafeed Magazine from Perendale Publish.
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