Aquaculture company Seafarms Group (ASX: SFG) is gaining traction in its prawn export business, particularly in Europe, but the overall performance of the Company continues to struggle as it battles financial issues following an adverse Federal Court ruling in February 2024. In it’s FY24 results for the year ended 30 June 2024, the Company reported
Read More
A collaboration between Murray Cod Australia (ASX: MCA) and the CSIRO that commenced in 2021 is yielding positive results for the aquaculture company that is breeding fish up to 80% larger through a selective breeding program to enhance food supply and commercial production efficiency. Ross Anderson, CEO of Murray Cod Australia, said, “Our selective breeding
Read More
The pandemic may have been detrimental to humans but the oyster population was not immune, decimating aquaculture company East 33 (ASX: E33) which is still navigating the rocky seas of recovery based on their latest trading update. August 2021 tested East 33 beyond their generational knowledge of harvesting oysters. The severe outbreak of an illness,
Read More
The farming industry tests many of your abilities beyond the act of farming itself—there’s marketing, distribution, and even disease management. Between September 26 and 30, 2023, the Sydney Rock Oyster producer and supplier East 33’s (ASX: E33) Wallis Lake operations were plagued (literally and fiscally) with ill oysters. Consequently, the Wallis Lake operations, along with
Read More
You’ve probably heard about the scarcity bias—the more challenging something is to acquire, the more valuable it is, and the more we want it. Premium foods and wild-caught fishery company Rare Foods Australia (ASX: RFA) caters to that bias with ocean floor-matured wine and abalones (typically priced at about $60 per kg at fish markets).
Read More
From Queen Elizabeth to Marilyn Monroe—pearl necklaces have been wardrobe must-haves and bucket list items for years. The sole aquatic gem, the pearl has a lot to offer, but as with most things associated with the oceans, there is no accounting for its predictability, making pearl farming an intricate business. Aussie pearling business Atlas Pearls
Read More