Sunday, October 7th 2012 - 13:33 UTC

Falkland Islands: High catches lower prices

The Falklands fishing industry has encountered the highest Loligo squid catch for 16 years, however, this could negatively affect the price for the industry.

 Cheryl Roberts said: “The Oceanographic conditions have been excellent for the Loligo

The catch for the year was 70,700 tonnes (for both first and second seasons) although there have been a number of years quite close to that confirmed Director of Fisheries John Barton Chair of the Falkland Islands Fishing Companies Association Cheryl Roberts said: “The
oceanographic conditions have been excellent for the Loligo, plus the amount of plankton available to them has culminated in their abundance.”

Asked how the bumper crop might affect prices she said: “Obviously any market which is suddenly saturated with an excess of stock will suffer an effect on price and this is an issue which obviously concerns the industry greatly and one we are all currently working on.”

Hamish Wylie of Seafish Ltd said catches had also been unusually high on high seas: “This was due to an unusually strong Falkland current that has swept Loligo north of the Falklands zone from inshore earlier in the season.”

Regarding price he added: “Positive as this may appear, the annual market consumption for our Loligo is generally accepted to be in the region of 40 –45,000mt per annum.

“Not accounting for highseas catches, the average for 2010 - 2012 comes in at just over 57,000mt. So the surplus supply, most of it generated this year, is having a negative effect on prices, and we expect prices to fall significantly further this year.”

The average for 2009 to 2011 stood at 44,200mt, and prices up until now were good, protecting the industry to a degree against much higher fuel prices, however, “the fear is that a poor season next year, as is statistically highly likely, coupled with very low market prices will mean that there are probably a couple of difficult years ahead.

That of course is the nature of the industry, so we need to retain reserves from the good years to see us through the lean years,” said Mr Wylie. (PN)
 

33 comments Feed

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1 Simon68 (#) Oct 07th, 2012 - 01:51 pm Report abuse
That's interesting, here in Argentina prices rarely, if ever, fall. They usually stay put if there is overproduction of any goods until such a time as they go up!!!!
2 toooldtodieyoung (#) Oct 07th, 2012 - 04:10 pm Report abuse
1 Simon68

Did you read this bit??

”Obviously any market which is suddenly saturated with an excess of stock will suffer an effect on price and this is an issue which obviously concerns the industry greatly and one we are all currently working on.”

I wonder what they mean by that? But still, it's quite a nice story full of common sense and the value of forward planning.

Again, more good news for the Islanders, go for it guys!!
3 slattzzz (#) Oct 07th, 2012 - 04:26 pm Report abuse
what it means is what the rgenweeners threatened, overfish it till stocks are dwindled, they think they are getting one up on the islands whilst infact they are shooting themselves in the foot again
4 malen (#) Oct 07th, 2012 - 04:53 pm Report abuse
70.000 millions of tons in 12.000 km2 and for 2.500 population
I call it overfishing
I know you sell, but its not proportional
And why is it “our” loligo, do they were a british colony that came from UK??
As far as I know they are indegenous of this region, so its our loligo.
5 agent999 (#) Oct 07th, 2012 - 05:11 pm Report abuse
Malen

As usual you talk utter rubbish.

You can call it what you want - we would call it your stupidty
6 RICO (#) Oct 07th, 2012 - 05:28 pm Report abuse
I think it is unlikely the squid are native to Holland or North Germany.

Malen - from middle Dutch/Saxony meaning to grind
7 Joe Bloggs (#) Oct 07th, 2012 - 06:05 pm Report abuse
Cheryl, at last you've changed your photo. The last one they used on here for several stories was a shocker!

Malen
Overfishing huh? YOu truly are a deadbeat. We don't keep it all for ourselves you numpty.
8 malen (#) Oct 07th, 2012 - 07:24 pm Report abuse
70.000, er not millions
all day overfishing
9 Steveu (#) Oct 07th, 2012 - 07:32 pm Report abuse
This has just appeared in today's Sunday Telegraph

www.telegraph.co.uk/news/worldnews/southamerica/argentina/9592424/Cristina-Kirchner-using-Falkland-Islands-as-a-smokescreen-to-hide-failing-economy.html

Enjoy!
10 malen (#) Oct 07th, 2012 - 08:02 pm Report abuse
Arg will always with every gov claim Malvinas.
The photo too much photoshop. We should ridiculize the hands of your prime minister that looks thin, like ladies hands.
And it seems you like so much talking of our president to divert attention from your domestic problems.
For our region violence like throwing missiles by foreign countries it is not routine. Point well to the center of the isles or “your” squids, and dont bother. Tomorrow is day of diversity in Argentina. Dont bother.
11 surfer (#) Oct 07th, 2012 - 08:06 pm Report abuse
hmm, google translate much!
12 malen (#) Oct 07th, 2012 - 08:11 pm Report abuse
and I cant imagine one but only one argentine saying “Falklands” (sic, sic)
the article was invented
13 surfer (#) Oct 07th, 2012 - 08:36 pm Report abuse
Interesting read that, Mario Menendez tells it like it is, and he really should know!
14 briton (#) Oct 07th, 2012 - 10:14 pm Report abuse
The falklands will be CFK achilis heel.
and the downfall of argentina.
and the silence of malen..

for every puppy must lose its master sometime..
15 Xect (#) Oct 07th, 2012 - 11:04 pm Report abuse
Lol @ post 10.

That is quite amusing, that incomprehensible random selection of words.

It sense make does not make sense....
16 brit abroad (#) Oct 08th, 2012 - 04:41 am Report abuse
OH DEAR MALEN!

you do know that the population of the falklands dont intend to eat all their catch??....please say you understand that or God help us all!

www.telegraph.co.uk/news/worldnews/southamerica/argentina/9592424/Cristina-Kirchner-using-Falkland-Islands-as-a-smokescreen-to-hide-failing-economy.html
17 Marcos Alejandro (#) Oct 08th, 2012 - 05:00 am Report abuse
16 brit abroad
Interesting article you posted
“The islands are being used for political ends,” Mario Menéndez, the general who led Argentine troops during the Falklands War, told The Daily Telegraph”
Mario Menéndez?? :-)))))))))))))))

Congratulations president Chávez!
18 brit abroad (#) Oct 08th, 2012 - 05:11 am Report abuse
yeah monkey, i read the article! thanks for copying and pasting a section of it!

jesus please help marcos!!!!!!
19 Anbar (#) Oct 08th, 2012 - 09:14 am Report abuse
“70.000 [millions] of tons in 12.000 km2 and for 2.500 population”

Does this guy seriously think that they are supposed to eat it all themselves? REALLY?!

Hmmm... “Catch Cephalopods, Sell Cephalopods to other people”.

It isnt exactly a complex idea...and quite a few people do this kind of thing.
20 ChrisR (#) Oct 08th, 2012 - 01:32 pm Report abuse
Another stunning victory for TMBOA, not! Ha, ha, ha.
21 PirateLove (#) Oct 08th, 2012 - 02:02 pm Report abuse
What a catch! a great example of great resource management by the Falklands fisheries in the shadow of argentinas spiteful squid kull, smiles all round :)
“Overfishing” Malen? no thats argentinas tactic usually in other peoples territory. have a nice day, oh envious one :)

SELF-DETERMINATION!
22 Conqueror (#) Oct 08th, 2012 - 02:26 pm Report abuse
@4 What is it? Are you being deliberately stupid or does it come naturally? It's 70,000 METRIC tonnes. Should be obvious from the first sentence!
@10 This may come as a surprise to you but your “region” does NOT extend across the whole bounds of the South Atlantic. Your “region” is South America. No more. The Falkland Islands are not in South America. Nor are they ever likely to be. And what Britain does in its territory is none of your business. Poking your nose in where it's not wanted could get it chopped off!
23 DanyBerger (#) Oct 08th, 2012 - 02:36 pm Report abuse
Falkland politicians using “Loligo squid catches” for political reason.

Crime and Bicycle stealing on the rise, cocaine vanished from police station, Royal navy personal high on cocaine, lemons missing on Islanders diet and economic trouble plus rampant corruption hitting the shores of what use to be a heaven Islands when the Argies took them back for Argentina.

Oh! Sorry I got so enthusiastic with the peace of rubbish article wrote by “Jonathan Gilbert” that I thought... Well with a little bit of practices I can do the same...

And the guy gets paid for that?

Wow!
24 GeoffWard2 (#) Oct 08th, 2012 - 04:08 pm Report abuse
Fishermen may get more money depending on the balance between price and volume.
The wholesaler will keep prices to the retailer - supermarket chains in the Western world - as high as possible, to maximise profit.
The retailer will keep prices as high as possible 'to stabilise the market', to maximise profit.
The housewife will continue to pay pretty much the same price for her squid rings.

The ones who usually lose out are the 'producer' - fisherman/farmer - and the end-consumer.
25 Simon68 (#) Oct 08th, 2012 - 04:34 pm Report abuse
8 malen (#)
Oct 07th, 2012 - 07:24 pm

“70.000, er not millions
all day overfishing”

Truthfully, overfishing is a strategy of OUR government, Malen. The clever idea is that if we sell an excess of licences to the Spanish, Korean, and Chinese fishing fleets we will cleverly leave the Islanders without squid!!!!

The answer is that we couldn't sell the licences because there wer no takers!!!!

The other side of this particular coin is that 25.000 famillies who live on the Atlantic coast have lost their livelihood, FISHING, because of the regressive policies of our government encouraging overfishing, not only in our waters, but also in Uruguayan waters. For proof Google “sobrepesca de merluza”!!!!!!!!
26 TipsyThink (#) Oct 08th, 2012 - 06:58 pm Report abuse
25

in the pást you were Argentine
now yoú are Islandér
in the future ? might be spacéman !

you ,dried mackerel !
27 adorable (#) Oct 08th, 2012 - 09:22 pm Report abuse
@9 I repeat, past, present and future argentine presidents have different ways to present a claim on the islands....CFK is not using such claim to cover up the present economic situation in Argentina....Carlos Menen, the former argentine president is the one that ruined Argentina for 8 years.
Worst yet, he resumed the diplomatic relations with the United Kingdom of the rubbish bloody english men!
@26
You should know better....
Simeon68 aka Zhivago aka ChrisR aka chinese residing in Tierra del Fuego is the same UK WIMP.
28 St.John (#) Oct 09th, 2012 - 03:29 am Report abuse
@ 27 adorable

“Carlos Menen [sic!], the former argentine president is the one that ruined Argentina for 8 years.”

Elected president for 8 years?

Somebody must have re-elected him. Who? The British?

Oh, as usual it is somebody else's fault, not the Argentines who re-elected him.
29 Pete Bog (#) Oct 09th, 2012 - 02:03 pm Report abuse
@10
“throwing missiles ”

Surface to air missiles with a range of 4 miles are only a threat to aircraft attacking the Falkland Islands so if you lot don't attack the islands you are quite safe.
30 DanyBerger (#) Oct 09th, 2012 - 02:11 pm Report abuse
@TipsyThink

Oh! do you mean that Simon68 is an Islander living on Argie Wealthfare that we all pay and if that is not enough he is plotting with the enemy?

Such a bad person you have to be...
31 Simon68 (#) Oct 09th, 2012 - 02:51 pm Report abuse
TipsyThink & Dany Berger

I am an Argentine pensioner, I do not live on hand outs from Welfare!!!!!
32 adorable (#) Oct 09th, 2012 - 03:36 pm Report abuse
@ 31
Come on...I know better....Simon68=ChrisR=Zhivago=chinese residing in Tierra del Fuego! same UK wimp ****see his posts in The Economist...****
33 British_Kirchnerist (#) Oct 15th, 2012 - 08:34 pm Report abuse
Honest question - why do you talk so much about Argentine overfishing, but not put this bumper catch down to overfishing?

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