Chile's farmed salmon production could drop by almost 25 percent because of stricter regulations aimed at tackling environmental crises that have decimated fish populations in recent years, government and industry sources say. Salmon farms in the nation's misty, cool south have been mired in a boom-and-bust cycle, with production climbing during good years and then falling due to the bacterial, viral and algal outbreaks that have become increasingly common. A massive algal bloom killed up to 20 percent of Chilean salmon this year, costing millions of dollars and likely cutting annual production to around 650,000 tonnes, a level last seen in 2011, when the industry was recovering from an outbreak of infectious salmon anemia virus.
- Capital Cube•19 days ago
Click here to see latest analysis*Disclaimer : This is as of previous day’s closing price.Technical IndicatorsBelow is a quick look at 5 technical indicators for Marine Harvest ASA. More studies are available on the Technical Chart.IndicatorSignalClosing Price above/below 50 Day Moving AverageBullishClosing Price above/below 200 Day Moving AverageBullish50 Day Moving Average above/below 200 Day Moving […] (Read more...) The post Marine Harvest ASA breached its 50 day moving average in a Bullish Manner : MNHVF-US : July 8, 2016 appeared first on CapitalCube.
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