Squid supplies abundant worldwide
Squid catches in the Southwest Atlantic and their impact on the world market mirrored the results of the 2007 season. Illex landings were plentiful, but Argentine traders were unable to take advantage of the good supply, which resulted in price reductions of around 50 percent.
At the end of the day, prices were too low to keep up with increasing fuel prices, and part of the Argentine fleet decided to stay in port.
Catches of Pacific squid last year in Japan were so plentiful that cold storage hold…