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Given the rapid growth in world farmed salmon production, what is the future of wild salmon harvesting? This paper offers five predictions for the future of the wild-caught salmon industry: 1. Wild salmon harvests will continue to fluctuate from year to year due to natural causes. 2. Average wild salmon harvests will decline somewhat from levels of the 1990's due to a combination of natural environmental factors, human-related environmental factors, political factors, and economic factors. 3. Wild salmon will be sold increasingly in markets in which it can best compete with farmed salmon. These include higher-priced markets in which wild salmon competes based on "wild" attributes, lower-priced markets in which wild salmon competes based on price, and canned markets. 4. Wild salmon prices will be driven by farmed salmon prices and wild supply. The more directly wild salmon competes with farmed salmon, the more trends in wild salmon prices will reflect trends in farmed salmon prices. 5. Wild salmon will be harvested and processed more efficiently and the quality of wild salmon products will improve. These predictions are based on several stipulated assumptions concerning the farmed salmon industry.

Publication Date

9-21-2000

Handle

http://hdl.handle.net/11122/14531

The Wild Salmon Industry: Five Predictions for the Future

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