Farmed salmon prices could hit highest levels since 2016

Salmon prices this year could reach their highest levels in more than five years, with lower production unlikely to keep pace with rising consumer demand, according to an analyst with agriculture lending giant Rabobank.

Following a phenomenal 2021 -- which was also marked by strong demand and high prices for salmon -- a “very tight supply” this year will likely send prices soaring further, according to Gorjan Nikolik, a senior analyst at Rabobank.