Quarterly Public Farm Review: Q3 2025

Quarterly Public Farm Review: Q3 2025

What happens when low salmon prices stop being a short-term problem and start reshaping how the entire industry thinks about risk? In this episode, we dig into Q3 financial results from the publicly traded salmon companies, not just to recap the numbers, but to unpack what they’re really signaling beneath the surface. We explore widening gaps in EBIT per kilo across regions, why Chile stands out while Norway, Scotland, Canada, and Iceland struggle in very different ways, and how persistent price pressure is forcing companies to prioritize cost control over growth. The conversation goes deeper into the tradeoffs this creates: where cost-cutting shows up quickly through sea lice decisions, where it hides longer-term risk through disease and biology, and why the push toward “control” via land-based and semi-closed systems hasn’t yet translated into stronger economics. The result is a clear-eyed look at whether the industry is truly buying predictability or simply shifting where risk shows up.


Download the full Q3 2025 report here.


For more aquaculture insights head to our Fish n’ Bits blog.

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Episoder(95)

Norway's Traffic Light System: What's Changing Next

Norway's Traffic Light System: What's Changing Next

What happens when one of aquaculture's most important regulatory systems doesn't deliver the results it was designed to achieve? We examine the next chapter of Norway's Traffic Light System and the de...

20 Jul 11min

Mediterranean Aquaculture: Growth Meets a Changing Climate

Mediterranean Aquaculture: Growth Meets a Changing Climate

How do you keep one of aquaculture's biggest success stories growing as the environment around it changes?We're taking a closer look at Mediterranean aquaculture and the remarkable rise of European se...

29 Jun 9min

Reviewing the State of World Fisheries and Aquaculture (FAO)

Reviewing the State of World Fisheries and Aquaculture (FAO)

Aquaculture has now surpassed 100 million tonnes of production, supplying more seafood to consumers than wild fisheries. But the most interesting story in the FAO's latest State of World Fisheries and...

22 Jun 8min

What El Niño Means for Feed Markets

What El Niño Means for Feed Markets

What happens when El Niño tightens the supply of fish oil just as salmon markets and global shipping are already under pressure? A newly confirmed El Niño in the tropical Pacific is putting renewed at...

15 Jun 8min

From Deep Dive: The SeafoodSource Podcast — Practical Applications of AI in Seafood with Manolin CEO Tony Chen

From Deep Dive: The SeafoodSource Podcast — Practical Applications of AI in Seafood with Manolin CEO Tony Chen

This week, we’re sharing a special episode from Deep Dive: The SeafoodSource Podcast on the practical applications of AI in seafood. SeafoodSource speaks with Tony Chen, CEO and co-founder of Manolin,...

5 Mai 18min

Scaling African Aquaculture: Kamran Ahmad (Kivu Choice)

Scaling African Aquaculture: Kamran Ahmad (Kivu Choice)

What if one of the most important aquaculture growth stories isn’t happening in Norway, Chile, or Ecuador but in East Africa? This episode we step into a region that’s quietly transitioning from small...

20 Apr 53min

What Måsøval Reveals About Mid-Sized Farm Risk

What Måsøval Reveals About Mid-Sized Farm Risk

This week we break down what Måsøval’s strategic review and leadership change may signal for the company and for the broader aquaculture industry. We look at how production growth, rising costs, biolo...

6 Apr 12min

Tracking Algae: Norway's Active Pseudochattonella Outbreak

Tracking Algae: Norway's Active Pseudochattonella Outbreak

Could a microscopic algae bloom quietly reshape Norway's salmon farming season before most of the industry even understands what's happening? This week, we're tracking the Pseudochattonella bloom spre...

30 Mar 8min

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