Økologisk fiskeopdræt er en god investering – prisgevinsten holder

Det er muligt for ørredopdrætterne at opnå en prisgevinst. Robustfish fandt, at den højere pris på økologisk ørred har været stabil over længere tid, også når udbuddet er steget. Det er derfor sandsynligt, at prisgevinsten fremover vil forblive stabil. Med denne nye viden kan investeringen i en omlægning foretages med lidt mere ro i maven, selvom prisen stadig vil variere. Den overordnede prisudvikling afhænger nemlig af udbud og efterspørgsel efter konventionel ørred, da markedsandelen for økologisk ørred er lille

Organic fish farming is a good investment – the price premium is maintained All

The organic fish farmers may obtain an added value on their products. The added price value on organic trout has been stable independent on supply. Knowing the price level keeping stabile makes investments less riski. The overall Development in price depends on demand for conventional trout, as the market share of organic trout is small

Application of the Inverse Almost Ideal Demand System to Welfare Analysis

This paper presents the theoretical properties of the Inverse Almost Ideal De-mand System and applies the system on time series data for cod, herring and plaice in Denmark (1986 to 2001). Furthermore, the shortcoming of the Inverse Almost Ideal Demand System when applied to welfare analysis is discussed. The properties of the demand system show that - since the demand system is a second-order approximation to the true system - it does not have global appli-cability for welfare measurement. It may, therefore, not satisfy the conditions for calculation of consumer surplus (negative slope and positive point of inter-section with the price-axis). The theoretical point is illustrated by an empirical example of the Danish fish market. Using a vector auto regressive model in er-ror correction form to overcome the problem of non-stationarity of data, the In-verse Almost Ideal Demand System is estimated. For cod the intercept is nega-tive and for herring and plaice the slope of the demand function is positive in the data interval investigated. Thus, the estimated demand system is not suitable for welfare analysis.Inverse Almost Ideal Demand System, Welfare analysis, Co-integration and Fish

In vitro evaluation of the Securos Cranial Cruciate Ligament Repair System and fluorocarbon leader line for use as lateral fabella-tibial sutures

Cranial cruciate ligament (CCL) rupture is a common injury in the dog and major cause of degenerative joint disease. The pathophysiology of CCL rupture in the dog is well described. Osteoarthritis secondary to CCL rupture causes severe pain and lameness. There are many surgical techniques accepted for dogs with CCL rupture. A commonly performed technique is an extracapsular repair with a lateral fabella-tibial suture (LFS) using large diameter nylon leader line (NLL). Mechanical demands placed upon the LFS are high requiring the material used be able to withstand a high amount of force, undergo minimal elongation, and have a high stiffness. Studies evaluating materials for use for LFS have found NLL to have the most appropriate mechanical profile for use. However, the large diameter, low coefficient of friction, and memory of NLL make knot security a concern, as well, the surgical handling of the material is not ideal. Our hypothesis stated that the Securos Cranial Cruciate Ligament Repair System™, a commercially available crimp-clamp system used to secure two ends of NLL together for a LFS, would perform mechanically superior to a clamped square knot using NLL. Furthermore, fluorocarbon (polyvinylidene fluoride; PVDF) a novel biomaterial of reduced diameter for a given tensile strength, would mechanically perform better than NLL using a clamped square knot. The Securos Cranial Cruciate Ligament Repair System™ is an acceptable method of fixation of NLL loops used for LFS. Loops formed with 27 and 36 kgt NLL using the 36 kg Securos® crimp-clamps performed as well or better than a clamped square knot. However, loops secured with the 18 kg Securos® crimp-clamp system using 18 kgt NLL did not perform as well as a clamped square knot, and their use cannot be recommended based on these results. Fluorocarbon leader line (FCL) performed mechanically similar to NLL and eliminated elongation under low load observed with NLL. Steam sterilization has dramatic effects on FCL and is not recommended. Ethylene oxide sterilization showed no significant mechanical or structural changes to FCL and is recommended. Fluorocarbon leader line appears to be an acceptable alternative to NLL for use as a LFS

Price premium of organic salmon in Danish retail sale

The year 2016 will be pivotal for organic aquaculture producers in EU, because it represents the deadline for implementing the complete organic life cycle in aquaculture production. Depending on the sturdiness of farms already producing, such a shift in the industry may affect production costs of exclusively using organic fry for production. If the profitability of the primary organic aquaculture producers should be maintained, then farmers must be able to correspondingly receive higher prices, transmitted through the value chain from the retail market. This study identifies the price premium for organic salmon in Danish retail sale using consumer panel scanner data from households by applying a random effect hedonic price model that permits unobserved household heterogeneity. A price premium of 20% was identified for organic salmon. The magnitude of this premium is comparable to organic labeled agricultural products and higher than that of eco-labeled capture fishery products, such as theMarine Stewardship Council. This indicates that the organic label also used for agricultural products may be better known and trusted among consumers than the eco-labels on capture fishery product

Financial Performance of the Danish Organic Trout Aquaculture1

In this study, we compare the economic performance of organic trout farms to conventional trout and organic agricultural farms. Farm account statistics from Statistic Denmark using financial performance indicators like the degree of profitability and farm solvency ratio shows an impressive organic trout sector. Though organic trout farms could not generate enough income from farm assets in 2010 and 2011, they picked up in 2012. Generally, organic trout farms tend to be equal or better in generating income per unit value of assets and have higher solvency ratios, indicating lower probability of default than alternative conventional trout farms and organic agricultural farms. An average organic trout farm was able to generate incomes of 8% per unit value of assets and a solvency rate of 28% for 2012, a value that economically outperforms other comparable farm units

Market Conditions for Organic Aquaculture - Market and Price Analysis. RobustFish work package 6.2 report.

Organic aquaculture production is attaining impressive growth and demand is strongest in Europe. Countries like Germany, France and Switzerland particularly have stronger consumption markets. In 2010, the European Union implemented a harmonized system of organic aquaculture production principles for all member states. The regulation requires that fish production should exclusively be based on organic fry from 2016. Given that antibiotic use is only allowed in very strict limits, robustness of the fry to diseases is very crucial, particularly for countries like Denmark where serious trout fry diseases are a major concern. In spite of this, Denmark is making headway in organic aquaculture production, currently being the leading supplier of organic rainbow trout where Germany is the number one major market, consuming about 90% Danish trout production. The focus of this working package was to provide knowledge about the market conditions, consumer attitudes and preferences and the competitive effect of increased production that could result in strengthening the development of Danish organic trout production. Given that the organic trout is not a very established market, we extent the analysis to other organic aquaculture products, particularly salmon in order to map out what could be the case for trout. Lessons from major markets like Germany are also drawn given that the Danish market is relatively small. The analyses are conducted on two foundations; a descriptive statistics and review of the value chain, farm economic performance and identification of price premia for ecolabeled desktop review; and a science based analyses based on Danish and German markets. A number of interesting issues emerge and the following conclusions are reached: • There is unprecedented growth in the organic aquaculture industry, new product lines are emerging, stakeholders in the value chain have increased; processors have increased their supply portfolio to include organic fish products, distribution outlets are also expanding and include supermarket chains, catering services, restaurants and online shop operators. Hence, the value chain follows that of the conventional aquaculture products. • Producers of organic aquaculture are economically performing well, particularly for the case of portion sized rainbow trout in Denmark. The organic farms are at least equal to conventional trout and organic agricultural farms in terms of generating income per unit value of assets (8% per unit value of assets) and have a lower probability of default (28% solvency rate). • On the demand side, a review shows organic aquaculture products (mainly salmon) command price premia (24%-38%) which is higher than ecolabels in the capture fisheries (10%-13%) based on actual market data. These premia is within the range of organic agricultural food products. Generally, consumers are more sensitive to price changes of organic products. • A price premium of 20% was identified for organic salmon in the Danish retail market. This is a premium over both conventional farmed and wild (ecolabeled) salmon. The identification of a premium signifies that; consumers recognize and value the product; and that there is also trust in the Danish organic ecolabel which is widely known among consumers. For product development, the value (decreasing order) of fresh, marinated and smoked products attract premium over frozen products, brand labels are valued higher than private labels. • In a survey in Germany, consumers show high preference for organic produced portion size trout while seeing the ASC ecolabel to be equivalent to the conventional. However, the greatest value is placed on local German farmed trout, followed by Denmark relative to Turkey trout. Further evidence shows that in the event of campaigns to increase the perceive value of organic trout which eventually determines the market price, stronger emphasis should be placed on attributing organic principles such as GMO, hormones and synthetic additives; antibiotics use; feed and stocking densities to animal health and welfare concerns than environmental issues. The second best is the combination of both. That’s because animal health and welfare has been shown to be linked to food safety and food hazard risks by consumers. For product development and value addition, filets have are valued higher than whole trout products; the more the processing (skin and bones removed), the higher the preference. Fresh products are however preferred over smoked and frozen trout. The point of sale (supermarkets or specialized shops make no difference) • At the farm levels, price premium for organic produced rainbow trout in Denmark (about 33%) appear to be constant over time. Hence, increased production of organic rainbow trout would not cause a fall in premia to the farmer. Organic trout prices are however, determined by prices of the conventional products. This indicates that farmers could be assured of safeguarding their investments in organic trout farms. At the retail level, the evidence shows that relative organic salmon prices are non-constant, meaning that premium tend to fluctuate above the conventional prices. This is due to the fact that salmon prices are globally volatile in nature. • Consumer demand for salmon in Denmark reveals that the market is segmented. There is about 50% chance of choosing ecolabeled salmon (organic + ecolabel wild fish combined). Though on average, there is a lower chance of buying organic salmon due to the high market prices, preference is heterogeneous and so there is a segment of the population (about 20-30%) with high preference for organic salmon. The relative smaller share might be due to the smaller share of organic in the total aquaculture market