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High US scallop yield expectations may impact market now

September 28, 2016 — Contrary to expectations in some quarters, there may not be a boom in US scallop landings next year, and planning for one now could adversely affect the market, Joe Furtado — executive vice president of Eastern Fisheries — told Undercurrent News.

“If your only source of information was the headlines of most of the articles over the last year, you would think that the fishery is going to be double what it has been. But the reality is that the exploitable biomass just isn’t growing as quickly as anticipated,” he said.

Scientists with the National Oceanic and Atmospheric Administration (NOAA) in 2015 claimed to have identified very strong scallop recruitment throughout the Mid-Atlantic, and especially so in an area called the ‘Elephant’s Trunk‘.

“Recruitment refers to two-year-old scallops, roughly two inches in shell height,” Dvora Hart with NOAA told Undercurrent at that time.

Read the full story at Undercurrent News 

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