In a move that seems destined to progress aquaculture along the same path as factory farm meat production, the nation’s largest privately held company, agribusiness giant Cargill, has agreed to purchase Norwegian-based EWOS, one of the world’s largest suppliers of feed and nutrition for farmed fish. The $1.5 billion deal signals Cargill’s entry into salmon and trout markets and is the company’s second aquaculture deal in the past two months. To justify its long range strategy it will most likely seek out vertical integration, including more salmon farms. Cargill will now be in the feed business for both fish and animal feed, with no proper distinctions between what goes where.
Cargill’s top exec was quoted as saying “We’re in salmon to stay”. Last year Mitsubishi Corp., Japan’s biggest trading house, agreed to buy the Norwegian fishery Cermaq ASA for $1.4 billion to expand its foods business and become the world’s second-largest salmon farmer. Does not sound like good news for fishermen, diners, or fish.
As mega-deals heat up, so does the ocean. It is almost certain 2015 will be the hottest year recorded, scientists have said after it was revealed that July 2015 was the Earth’s warmest month on record. The lobster population has crashed to the lowest levels on record in southern New England while climbing to heights never before seen in the cold waters off Maine and other northern reaches — a geographic shift that scientists attribute in large part to the warming of the ocean. The trend is driving lobstermen in Massachusetts, Connecticut and Rhode Island out of business, ending a centuries-old way of life.
Sea to Table is proud to have been re-certified as a B Corporation. This movement continues to grow rapidly as more people realize that companies can do good and do well at the same time.
On Friday National Sales Manager Daniel Del Coro was joined by Northeast rep Maria de la Motte, Los Angeles rep Ren Ostry, and NYC based rep Philip Dimin on a Sea to Table field trip to the dock in Montauk, NY. There they met with cousins Asa and Bryan Gosman, as well as master cutter Kleber Sanmartin and his crew. They watched beautiful swordfish, tuna, and golden tilefish land, and marveled at the great knife skills at the dock. The view of Montauk harbor wasn’t bad either. Meanwhile Midwest rep Lindsay Haas was in Madison, WI for Yum-Yum Fest, and reported on some great folks feasting on some great fish prepared by some great chefs.
Enjoy the beautiful summer.
All the best,
from the Dimin Family and the Sea to Table team