Shrimp, prawns & salmon will cost more/ Discrimination

In Economy on 24/11/2014 at 8:29 am

Diners could soon be paying more for their plate of sushi as the price of fishmeal, the crucial feed for shrimp, prawns and salmon leaps to an all-time high.
The commodity has surged to a record [US]$2,400 a tonne, as rising sea temperatures have led to a sharp drop in anchovy catches in Peru, the world’s largest exporter. Prices have surged fourfold in the last decade as supplies have been affected by a change in climate as well as demand increases.

The increase in fishmeal costs comes as seafood prices reach historical highs.

(FT report last week)

Beautiful painting to cheer you

Jimson Weed/White Flower No 1 by Georgia O'Keefe


A floral painting by the late US artist Georgia O’Keeffe was sold for US$44.4m at auction recently, setting a record for an artwork by a female artist. Works by great male artists command higher prices.


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