Fish as farmed food: aquaculture draws investors

[LuckyLady]

Fish as farmed food: aquaculture draws investors

Reuters) - Agriculture investors keen to profit from rising demand for commodities say they are turning their attention to aquaculture, betting that farmed fish can meet the protein needs of a growing, hungry world.

Diets in China and other fast-developing countries have changed alongside rising incomes, shifting toward beef and other types of meat, which require high volumes of water and grain to produce.

Kevin Schwartz, a partner at U.S. private equity firm Paine & Partners, said there was also significant appetite for fish as an alternative protein source that can be raised in a sustainable way.

"Aquaculture is a way to meet that demand," he told the bankers, fund managers and investors gathered in Geneva at the Global AgInvesting conference.

Rich Gammill, managing director of Black River Asset Management, part of agri-business giant Cargill, said fish such as tilapia raised in aquaculture could find plentiful customers around the world.

"It just makes sense economically for people to turn to fish as a low-cost source of protein," he said, suggesting farming fish can also avoid ecological damage from over-fishing oceans and rivers, drawing in developed market customers too.

"From a sustainability point, this needs to be developed," he told the conference.

Some 80 percent of frozen tilapia -- a popular high-protein, low-calorie fish that is native to warm waters -- sold in the United States is now sourced from China, according to Gammill.

"There is an opportunity for Central America, for southeast Asia and for other markets who have control over their water quality and practices to play a much greater role," he said.

Black River is also significantly involved in the dairy sector in China as well as infrastructure along the food and soft commodity supply chain, including processing.

[worldcat lemon]

i have seen first hand what salmon pens do to an inlet and it ain't pretty.

These fish are genetically enhanced and fed both hormones and medications that I wouldn't put in my body. There is plenty of documentation that farm raised fish has very little nutritional value and may be detrimental to the body. Currently there are no longterm studies that I am aware of that looks at the adverse effects of farmed fish on people. I just know I don't want genetically altered food in my system.

We need to let the Chinese, japanese, and Koreans farm their own fish and stop them from entering US waters to rape and pillage our resources. JMO

[LuckyLady]

i have seen first hand what salmon pens do to an inlet and it ain't pretty.

These fish are genetically enhanced and fed both hormones and medications that I wouldn't put in my body. There is plenty of documentation that farm raised fish has very little nutritional value and may be detrimental to the body. Currently there are no longterm studies that I am aware of that looks at the adverse effects of farmed fish on people. I just know I don't want genetically altered food in my system.

We need to let the Chinese, japanese, and Koreans farm their own fish and stop them from entering US waters to rape and pillage our resources. JMO

I agree...

Its just like the import/export of car's I think it was Korea exported 67k cars to the US and only imported 6k , something like that. I may be way off on the numbers that I heard on the news.

[lowtide]

WoW !!! dont know what to say !!!!!!!






































. maybe - kiss me ?????