The Value of Information in Salmon Farming: Harvesting the Right Fish to the Right Time

Research regarding management practice in fish farming has traditionally focused on two topics: production planning and forecasting of prices. This article combine these two areas of research, and illustrate how information of price patterns can change production plans, and hence increase the value of the farm enterprise. We present a model farm and illustrate with different levels of price information how information of future prices alter the original production plan and hence create extra value for the farmer. The phrasing of the paper and the empirical application are on salmon and salmon farming, but the ideas and general results should be applicable to all farmed species.

Issue Date:
Publication Type:
Working or Discussion Paper
DOI and Other Identifiers:
Record Identifier:
PURL Identifier:
Total Pages:
Series Statement:
Discussion Paper #D-30/2004

 Record created 2017-04-01, last modified 2019-08-26

Download fulltext

Rate this document:

Rate this document:
(Not yet reviewed)