The rapid increase in global aquaculture production since the early nineties has increased the demand for fishmeal as an ingredient in aquafeed. This increase has been hypothesized as the source of disruption in the fishmeal market by researchers such as Delgado et al. In this paper we evaluate whether or...
Atlantic Sea scallops have historically supported the second most valuable fishery in the northeastern United States. Intense fishing pressure during the early 1990s led to drastic decreases in population biomass and commercial landings. Total harvest, which exceeded 17,000 metric tons (MT) in 1990, declined to around 7,300 MT in 1993....
By the mid-1990s, Atlantic sea scallop populations in the northeastern United States had been driven to
near depletion due to years of excessive fishing pressure and ineffective fishing regulations. However,
above-average recruitment coupled with new regulations based on reduction of fishing effort and
demarcation of closed areas with restricted access...
Fishmeal is a critically important feed ingredient for use in animal (e.g., poultry and pork) and
aquaculture production (e.g., salmon, trout, and shrimp). There is concern that demand for fishmeal may
place additional stress on the world’s pelagic fisheries and may undermine the sustainability of some
aquaculture systems that rely...
This paper examines the relationship between U.S. aquaculturists‟ intended actions to expand production capacity abroad and the factors influencing their choices. These factors include aquaculturists‟ perceptions of market conditions; regulatory climate; property rights; government leadership; and the comparative advantages of U.S. aquaculture, as well as the demographic characteristics of aquaculturists...
Over the past fifteen years, the market for bluefin tuna has evolved in an attempt to further enhance the economic value of bluefin tuna landings. Historically, the US East Coast has been a major supplier of high quality bluefin tuna to Japan, the primary market for sashimi grade tuna. To...
The increasing demand for shark fins in Asia and the shark s life history pattern of slow growth, late maturity, and
few offspring, have generated concerns regarding the sustainability of shark resources. Despite this concern, little effort has
been spent on understanding the markets for shark fin products and the...
The US North Atlantic bluefin tuna (Thunnus thynnus) fishery is one of the most controversial cases of renewable
resource exploitation. Public management of this resource has resulted in substantial public debate. Bluefin tuna is also
considered a culture-specific product, as it is almost exclusively consumed uncooked in Japan. Bluefin tuna...
The only two seafood commodities traded in futures markets are frozen white and black tiger shrimps on the
Minneapolis Grain Exchange (MGE). These two contracts, however, have failed to attract the expected trade volume based on
the underlying shrimp cash market flow. First, we investigate the hedging effectiveness of these...