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Move to secure UK tuna fishery paying dividends
Published:  16 July, 2008

A MOVE by one of Britain's main fish suppliers last month to secure a vital UK tuna fishery is already paying dividends.

M&J Seafoods, which has operations in Scotland and the Humber, recently struck a deal with two Cornish skippers for regular catches of Albacore Tuna which they had been struggling to sell on the local market. The company has just reported that landings of 840 fish sold out across the country very quickly and the boats will be back with more fish on Sunday.

Meanwhile, M&J says the price of 'warm water' Indian Ocean tuna are rising rapidly on European markets because of increased demand from Far East countries - a factor which has been pushing up the price of other foodstuffs.

Closer to home, the M&J market report says the price of large cod and codlings in particular are very high.because of a scarcity. The company says it is currwently scouring every port for cod. There is no supply problem with haddock thanks to shipments from Iceland and the Faroes, but the lack of cod means that prices for haddock are higher than they should be.

Salmon prices, which have been fairly stable for most of the year, "are rocketing" says the report. The Norwegian summer holiday season is now in full swing which has affected availability and a Scottish well boat is out of commission which means that salmon deliveries from Scotland are down. On a brighter note, supplies of Alaskan MSC sockeye salmon expected.

www.fishupdate.com is published by Special Publications. Special Publications also publish Fish Farmer, the Fish Industry Yearbook, the Scottish Seafood Processors Federation Diary, the Fish Farmer Handbook and a range of wallplanners.


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