Norwegian farmed salmon prices, which are already at record highs, are climbing even higher as companies suspend harvesting for the Easter holidays.
Norwegian companies draw down production significantly during Easter week while staff goes on holiday break. This week most companies will harvest through Wednesday and resume harvesting next Tuesday.
The lower volume is putting significant pressure on exporters.
"The prices are completely wild,” one exporter told IntraFish, reporting levels "well over" NOK 100 (€10.50/$11.40) per kilo. "It's going to be another long day."