Thursday, June 9, 2011

Prospects for Greek fish farmers improve, says IOBE

Prices in Greece’s fish farming business, one of the country’s largest food exporters, may rise this year, from 2010 levels, improving prospects for the sector over the next few years, according to a report issued on Wednesday. In a report on the highly fragmented sector, consisting of 117 fish farmers, the Foundation For Economic & Industrial Research (IOBE) said tight liquidity in Greece and Spain.

A key competitor market, may lead to lower production levels, helping lift the sales price of seabream and seabass above the cost of production. Prices will be determined by how competitors react in countries such as Turkey and their production levels, the report said, adding that strategies from markets offering cheaper substitute products will help shape fish prices. Read more ...

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

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