Tag Archives: economy


Alaska Officials Saying This Salmon Harvest Has Highest Payoff in Years

Salmon fry

It appears that Alaskan wild Salmon are not only good at swimming up stream, but they can also swim against the current trends in the rocky waters of the global economy.

Even though there are many workers suffering hardship at this point in time, the commercial fishermen of the state are busy clinking their glasses, they just received the most money they have in eighteen years – a staggering $533.9 Million, according to rough calculations made by the state.

Generally speaking when harvests are at a high – at 169 milion salmon reeled in, this is one of the biggest harvests on record – the price of fish tends to drop. The whole “Supply and Demand” theory.

However, contrary to that theory, for a myriad of reasons, which include the problems facing the farmed-salmon industry, the prices of fish did not drop this 2010.

“This was the first year where I saw a good volume (of fish) and a good price at the same time,” commented a tickled pink Cordova gillnet fisherman who targets sockeye but harvests all five of Alaska’s salmon species, Kim Menster.

Ever since Menster became a gillnet fisherman back in 1998, the price of fish she has paid has doubled in terms of sockeye, and quadrupled for chum, she has roughly calculated.

Now, during this same time frame, the value of a gillnet permit took a dive from $60,000 down to $40,000 and then took an abrupt emplosive shot upward to $160,000 she commented.

Cold winter causes problems for tropical fish breeders in Florida

The low temperatures that’s been holding the state of Florida in a firm grip this winter is causing troubles for tropical fish raised in outdoor ponds. Aquarium fish farmers report losing up to 50% of popular tropical species to the cold, and a severe guppy shortage has already emerged – boosted by the fact that Americans are more inclined to purchase guppies and other aquarium inhabitants during the winter season.

Roughly half of the tropical fish sold in the United States is raised in Florida, a state heavily dependant on its warm climate. The fist fish farmers showed up here as early as the 1930s when it was still possible to purchase cheap land around Miami, but nowadays a majority of the fish Florida farms is found in the lake-rich part of Florida located between Tampa and Orlando. Up until a few years ago, the number one cargo shipment out of Tampa International Airport was tropical fish.

Fish native to tropical parts of the world normally find it difficult to stay alive if the water temperature drops below 60 degrees F (15 degrees C) and even temperatures around 70 degrees F (20 degrees C) may have a detrimental effect on their immune system. It is therefore easy to imagine what happens if the air temperature suddenly drops below the freezing point – as it has done in Florida this winter.

And even in situations where the cold isn’t severe enough to instantly kill the fish it can send them into a sedentary state where they fail to hide from predators like hungry birds, especially if living in unplanted ponds offering few places to hide. Many fish eating birds have been forced to see their normal hunting grounds being sealed off by ice and fish farms struggling to keep the water temperature up constitute a highly appealing alternative when the hunger sets in.

In desperate attempts to save their fish from freezing to death or being eaten by predators, Florida farmers have been covering their ponds with plastic sheets and pumped in warm water. When the cold turned out to be more than just a short dip, those who could scrambled to get as many fish as possible indoors. Many farmers have been forced to prioritize older fish close to the size needed for shipping, leaving younger fry behind to die.

Farmers that have lost more than 50 percent of their fish are entitled to financial relief from the Department of Agriculture if they file a crop insurance claim.

Federal stimulus money will clean up U.S. waters

Federal stimulus money will be used to pay about 40 diving fishermen to recover lost fishing nets from the Puget Sound.

Due to the worldwide economic crises, many of the Puget Sound fishermen who normally make a living out of exporting cucumbers and sea urchins to Asia are currently out of work and the Northwest Marine Conservation Initiative has therefore received $4.6 million in stimulus funds to recover most of the nets that litter Puget Sound.

Thousands of large nets clutter the waters of Puget Sound where they continue to “ghost fish” for as long as their strong and durable synthetic fibres last. According to the Northwest Marine Conservation Initiative, the nets are responsible for killing tens of thousands of marine life, mammals and birds every year. The nets are also a hazard for maritime humans since they can tangle boat propellers and ensnare scuba divers. Modern fishing nets used by commercial fishermen tend to be very large and some of the nets lost in Puget Sound extend larger than a football field.

The only reason the nets have remained underwater for so long, said Ginny Broadhurst, director of the Northwest Marine Conservation Initiative, is because the damage they are doing to the environment is invisible from the surface.

If you had nets strung along the streets that are catching bunny rabbits and squirrels, we wouldn’t be discussing whether we should be removing them. We would be pulling them. It would be immediate,” said Broadhurst. “When those threats are underwater it’s so much harder to know what impacts they are having.”

Over the next 18 months the group expects to pull some 3,000 nets from Puget Sound.

No more Rena aquariums from Mars Fishcare

Mars Fishcare, owner of Rena, Aquarian and API, is pulling out of aquarium production and sales due to increased competition in the aquarium market.

Mars Fishcare Europe is taking steps to refocus its European business in aquarium equipment and water treatment, and to strengthen its position in the European fish food market, ” the company says in a statement. “In recent years, the sharp rise in competition in the tank market has made it difficult for Mars Fishcare to optimise its resources in this area.”

Mars Fishcare has pledged to provide after sales service for all Rena Aqualife aquariums already sold in Europe and to honour the five year guarantee that comes with all recent Rena Aqualife models. Up until now, Rena has been an important player in the European aquarium market, especially in the UK, with its Aqualife range of modern high-quality aquariums intended for customers interested not only in functionality but also in sleek eye-pleasing design.

Can Catch Shares Prevent Fisheries Collapse?

This week, Science published the study “Can Catch Shares Prevent Fisheries Collapse?” by Costello[1], Gaine[2] and Lynham[3], which may be used as a road map for federal and regional fisheries managers interested in reversing years of declining fish stocks.

fish

The study has already received a lot of praise from environmental groups, including the Environmental Defense Fund (EDF) who says that the study shows how the overfishing problem can be fixed by implementing catch shares. “We can turn a dire situation into an enormous opportunity to promote better food security, create jobs and revive ecosystems,” says David Festa, vice president and director of the oceans program at EDF.

Catch share programs is intended to replace complex fishing rules and hold fishermen directly accountable for meeting scientifically determined catch limits. In a catch share program, fishermen are granted a percentage share of the total allowable catch, individually or in cooperatives. They can also be given exclusive access to particular fishing zones, so called territorial use rights. As long as the fishermen do not harvest more than their assigned share, they will retain a comparatively high flexibility and decide for themselves when to carry out the fishing, e.g. depending on market fluctuations and weather conditions.

The trend around the world has been to fish the oceans until the fish are gone,” says Festa. “The scientific data presented today shows we can turn this pattern on its head. Anyone who cares about saving fisheries and fishing jobs will find this study highly motivating.

As the fishery improves, each fisherman will find that the value of his or her share grows. This means that fishermen will be financially motivated to meet conservational goals.

In January 2007, a catch share system for red snapper went into effect in the Gulf of Mexico, causing the 2007 commercial snapper season to be open 12 months a year for the first time since 1990. According to EDF, fishermen in the area now earn 25% more and wasteful bycatch has dropped by at least 70%.


[1] Christopher Costello, Associate Professor of Environmental and Resource Economics at the Donald Bren School of Environmental Science & Management, University of California

[2] Steve Gaine, Professor of Ecology, Evolution & Marine Biology, University of California

[3] John Lynham, Assistant Professor in the Economics Department at the University of Hawaii at Mānoa