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re: Cold Water Cash

Posted on 1/11/14 at 9:32 am to
Posted by OntarioTiger
Canada
Member since Nov 2007
2129 posts
Posted on 1/11/14 at 9:32 am to
sold Asian aquaculture mkt - the supplier gets $5000/kg (2.2lbs). They cant grow eels like other fish so to capture the small elvers and then grow them out. High percentage of those caught go to sushi trade so teh next eel you eat - was prolly caught on east coast, grown in asia then sold back to you. The east coast of N America is only "open" area for capture of small eels in world. Supply and demand economics. Ten yrs ago they sold for <$500/kg. Takes bout 1.5yrs to grow them out
Posted by OntarioTiger
Canada
Member since Nov 2007
2129 posts
Posted on 1/11/14 at 9:34 am to
in canada the fishers "own" rights to each river they fish - they caught quota (100kg) in <2wks so made $300-400K in less than 2 wks - then they patrolled "their" rivers for poachers - lots of poachers last 2 yrs. Kinda the same in maine, MA etc
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