Agree though that the size of this industry has grown to the point that greater regulatory scrutiny and intervention is inevitable. The industry has become harder to handicap.
Further, if land based can only reach 20% of current supply over a decade, and demand grows at 2% per year, there’s no disruption to supply/demand equilibrium
My understanding was that land based competition faced more issues than capital costs. It’s difficult to control the environment sufficiently to raise, grow, and harvest large amounts of salmon. I’ve read that yields can be very low even after substantial capital investment.
Agree though that the size of this industry has grown to the point that greater regulatory scrutiny and intervention is inevitable. The industry has become harder to handicap.
Further, if land based can only reach 20% of current supply over a decade, and demand grows at 2% per year, there’s no disruption to supply/demand equilibrium
My understanding was that land based competition faced more issues than capital costs. It’s difficult to control the environment sufficiently to raise, grow, and harvest large amounts of salmon. I’ve read that yields can be very low even after substantial capital investment.