What can we learn from a sanitary crisis? The ISA virus and market prices

Quezada, Felipe; Dresdner, Jorge

doi:10.1080/13657305.2016.1189011

Cited by 18 publications

(8 citation statements)

References 41 publications

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“…These trends are somewhat surprising given that aquaculture is controversial in the United States. There are several concerns with respect to environmental sustainability (Abate, Nielsen, & Nielsen, ; Abolofia, Asche, & Wilen, ; Fischer, Guttormsen, & Smith, ; Quezada & Dresdner, ), even though there is evidence that regulations, when properly implemented and enforced, can address these issues (Osmundsen, Almklov, & Tveterås, ; Tveterås, ) and that aquaculture is a sustainable food production technology compared to many alternatives (Froehlich, Runge, Gentry, Gaines, & Halpern, ). Several studies find a preference for wild seafood (Davidson, Pan, Hu, & Poerwanto, ; C. A. Roheim, Bush, Asche, Sanchirico, & Uchida, ; C. Roheim, Sudhakaran, & Durham, ), although there is some evidence this can be mitigated with ecolabels for some species and in some markets (Bronnmann & Asche, ; Bronnmann & Hoffman, ).…”

Section: Us Seafood Consumptionmentioning

confidence: 99%

U.S. seafood consumption

Shamshak

Anderson

Asche

et al. 2019

J World Aquaculture Soc

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U.S. seafood consumption has changed dramatically in recent decades and has become increasingly dominated by the consumption of a limited number of species that are primarily imported and predominantly sourced from aquaculture. In getting to this point, the United States has been, and still is, at the forefront of some of the most important trends in global seafood markets. Hence, discussing the factors influencing U.S. seafood consumption patterns is an interesting and informative endeavor and will most likely also have strong predictive power for the continued development of seafood markets in the United States. In this article, we will discuss the transitions in the U.S. seafood market, primarily focusing on the period from 1990 to the present, highlighting the main factors that facilitated this development. This article provides an overview of U.S. landings, aquaculture production, exports, and imports and also explores contributing trends in global export and import markets. This will be followed by a discussion of U.S. per capita consumption patterns and an examination of the consolidation of species consumed over time. Finally, implications for future trends in seafood consumption and production are discussed.

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Section: Us Seafood Consumptionmentioning

confidence: 99%

U.S. seafood consumption

Shamshak

Anderson

Asche

et al. 2019

J World Aquaculture Soc

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“…Production rebounded rapidly after 2010, reaching 460,000 mt in 2013 when Chile had largely recovered its production share and has continued to increase since (Food and Agriculture Organization of the United Nations [FAO], 2017). The main reason for this dip in production was an outbreak of infectious salmon anemia (ISA), a viral disease with mortality rates of up to 100% in the worst cases (Asche et al, 2009; Fischer, Guttormsen, and Smith, 2017; Quezada and Dresdner, 2017). Because of the disease outbreak, in Chile, fish were harvested earlier and therefore at smaller sizes (Asche et al, 2009).…”

Section: Introductionmentioning

confidence: 99%

“…7Chile is also the main supplier of fresh salmon fillets to the U.S. market. This has led Xie and Zhang (2014) and Quezada and Dresdner (2017) to investigate whether Chile has market power. Their results indicate some evidence of market power in periods or the short run, but not consistently.…”

mentioning

confidence: 99%

Market Shocks in Salmon Aquaculture: The Impact of the Chilean Disease Crisis

Asche

Cojocaru

Sikveland

2018

J. Agric. Appl. Econ.

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Abstract.Several studies indicate an integrated global market for salmon. However, there is increasing evidence of market segmentation for various seafood species. A disease crisis in Chile that reduced production by two-thirds provides a strong market shock that can shed light on how strongly integrated the salmon market is. Our results indicate that Chilean producers changed the product mix and export markets as a result of the disease shock. Yet, the relative prices remained constant, indicating a high degree of market integration. Moreover, Chilean prices are endogenous to the Norwegian price, indicating that prices are determined at the global market.

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“…This effect, though, should be moderated in the future because revenues in the Alaskan sockeye market had become less sensitive, as this species’ share in total high‐valued salmon production had declined over the years. In contrast to this, Quezada and Dresdner () analysed the impact of the sudden decline in Atlantic salmon supply in the U.S. market as a consequence of the ISA virus crisis in 2007 and found that although the quantities supplied by Chilean firms decreased in a synchronized manner, no lasting effect on the Atlantic salmon price in this market was found. The decrease of Chilean supply was rapidly substituted by salmon supplied from other salmon‐producing countries.…”

Section: A Brief Description Of the Structure And Socio‐economic Relementioning

confidence: 99%

Main issues and challenges for sustainable development of salmon farming in Chile: a socio‐economic perspective

Chávez

Dresdner

Figueroa

et al. 2019

Reviews in Aquaculture

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We identify and discuss the main problems and challenges in sustainable development faced by the salmon farming industry in Chile from a socio‐economic perspective. This perspective is broad, in that it includes how the industry interacts with society and the environment, but also limited, in that it only assesses the impact on different social groups and economic agents. First, we present a brief description of the structure and socio‐economic relevance of salmon farming in the country. Second, we identify and discuss the primary current issues in the sustainable development of salmon farming in Chile. Third, we identify and discuss the challenges for developing sustainable salmon farming in Chile, including regulatory design and sectoral management, options for future expansion of the industry, responses and adjustments in the face of climate change and climatic variability, and the proper handling and growth of public‐private cooperation and goods governance.

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What can we learn from a sanitary crisis? The ISA virus and market prices

Cited by 18 publications

References 41 publications

U.S. seafood consumption

U.S. seafood consumption

Market Shocks in Salmon Aquaculture: The Impact of the Chilean Disease Crisis

Main issues and challenges for sustainable development of salmon farming in Chile: a socio‐economic perspective

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