Increased harvest of Bakkafrost

Faroese salmon farmer Bakkafrost harvested 13,700 metric tons in the first quarter of 2019 — slightly above a forecast of 12,500t made by analysts with SpareBank 1 Markets.

6,700t came from its northern region, 7,000t from the western area.

Compared to last year the firm has harvested 12% more than in Q1/Q4 2018 (both at 12,200t), SpareBank noted. “The slightly higher volume is probably related to some volume from Q4 was pushed into Q1, from a price realization perspective this has been positive.”

The bank observed that Bakkafrost does not give guidance on a quarterly basis, so it is hard to tell if the higher volumes are related to good production, or just volumes being moved between the quarters.

“We know harvest weights first weeks of 2019 have been much better than in 2018, but it is early to say if this will have an impact on total harvest volumes in 2019 for Bakkafrost.”


Related Post


Slow fishing on the blue whiting

Fishing for blue whiting is still slow on the fishing grounds south of Faroe Islands. The first Icelandic vessels fishing there have got ful...


Bigger stock of mackerel

FISHERMEN have welcomed a review of the north east Atlantic mackerel stock, which was found to be ‘much greater’ than previously assesse...


Blue whiting fishing picking up

‘We’re hoping that the fishing gets going properly and there are indications that’s happening. When we started fishing last Tuesday th...

Leave us a comment