Get ready for pricier sushi: “Peak salmon” is probably upon us
The next luxury seafood item might be salmon. Prices for the once-cheap fish are at their highest in two decades, with no sign of relief. That’s not just thanks to overfishing. Because the world long ago tapped out the wild salmon population, around two-thirds of the salmon we currently eat is farmed. Salmon farmers are now bumping up against production constraints while demand grows at 5-10% annually, according to the Financial Times (paywall).