S almon prices are jumping after the collapse of the Chilean industry through fish disease caused a sharp decline in global supply. Wholesale prices for Norwegian-produced Atlantic salmon have risen 20.6 per cent since the start of the year, says Statistics Norway. That has extended a year-long rally in prices, which have risen 32.5 per cent. Industry analysts expect the surge to feed through to what people pay for salmon steaks and fillets. Chile’s output, the world’s second largest, has been been hammered by the virus that causes infectious salmon anaemia, which emerged in 2007. The disease, which does not affects humans if afflicted fish are consumed, kills off salmon by attacking their red blood cells. Aslak Berge at First Securities in Norway said: “Chile, which was the second biggest producer of salmon, has seen its output plunge more than 75 per cent in two years. “…

February 17th, 2010
Money maker
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