The net loss totaled $5.5 million
AquaBounty Technologies, Inc. has today announced its financial results for the second quarter ended June 30, 2022. In the words of Sylvia Wulf, Chief Executive Officer of AquaBounty, "a robust demand, combined with improvements in sales yields and higher market prices, drove an 11% sequential increase in second-quarter revenues…
During a Fish Pool/DNB seminar in Barcelona
Fish Pool and DNB offered last week a seminar in Barcelona where they discussed the rising prices of salmon and its future stabilization. The conference was attended by Ståle Johansen from DNB, Alexander Aukner from DNB Markets, Thomas Farstad from Milarex and Christián Swett Plá from Multi…
Affordability for consumers should be a priority
Researchers at Dalhousie University encourage the Canadian Department of Fisheries and Oceans to consider both ocean and land-based salmon farming. This way the salmon would be more affordable.
A survey of over 10,000 Canadians showed more support for ocean-based farming than for land-based. Contrary, a federal government report…
Supply and demand, who will win?
The salmon industry is on hold as the price of salmon can still increase because of the supply issues. Conversely, because of inflation and economic animosity on consumers demand could be affected and so benefits will start to decrease.
The supply growth is expected to be negative this year.…