Salmon on top, but will the bubble burst?

This year began with the revelation that a single 4.5kg Norwegian farmed Atlantic salmon (Salmo salar) had become worth more than a barrel of the country’s crude oil. While this phenomenon owes an awful lot to the plummeting value of oil, it’s also true that salmon prices have swelled to unprecedented levels in recent months.

Depleted supply, together with a weakened Norwegian krone against the major currencies and strong market demand have led to Norway achieving record export prices for …


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