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Farmed Fish Surpasses Beef Production

Farmed Fish Surpasses Beef Production

More People Expected to Eat Farmed Fish than Wild in 2013

By Amanda Brodhagen, Farms.com

Farmed fish production exceeds world beef production, according to new report issued by the Earth Policy Institute in Washington, DC.

The aquaculture industry grew to a record 66 million tons, compared to beef production at 63 million tons. It is projected that 2013 will be the first year that people will eat more farmed fish than caught in the wild.

Since the late 1980s, beef production has slowed, while wild fish catches have remained stagnant. The findings suggest that getting more food from the wild may have already reached its limits, noting that much of the world’s oceans are already fished to their limits. Other issues are relating to logistics, boats are having to use more fuel to travel to deeper waters to capture fish and are often coming back with smaller catches.

The growing middle class in certain pockets of the world has meant that raising sources of protein like beef and fish in feedlots or fish farms has become a reality. While there is a role for other types of agriculture to help feed the world, certain types of operations are requiring more inputs. Looking at efficiency, cattle consume on average 7 pounds of grain to produce a pound of beef, while fish take less than two pounds of feed to produce a pound of protein. While pork and poultry are the most commonly consumed protein worldwide, aquiculture production is growing the fastest.

Aquiculture outperforming beef production marks a historical shift in global food production.
 


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Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?


Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
Our China U.S. soybean purchase tracker is now at 26.6% or a total of 3.2 mmt but for traders it’s taking too long to unfold.
The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.