The company raises salmon, has suffered losses of about $800 000 million

Algal blooms in Chile, which killed up to 20% of farmed salmon in the country and has led to increased world prices began to recede along with the deaths of fish, said the government of Chile at the end of last week. Scientists reported that the number of algae decreased, it was also found that the deaths of the fish has stopped, said the leadership of the government fisheries Department. Chile is the second largest producer of salmon and trout after Norway. The government reported that companies engaged in the breeding of salmon that suffered production losses at the level of approximately 100,000 tonnes worth about $800 000 million Abnormally warm weather and lack of rain due to the weather phenomenon El niño have been identified as factors contributing to algal blooms. In southern Chile has started raining, typical for the end of summer that cooled ocean temperatures and reduced reproduction of algae. The drop in the production of Chilean salmon made the prices rise by 25% to$ 5 per pound last week in Miami, the reference market for the industry. The shares of many producers of farmed salmon, operating in Chile has increased in tandem with prices in the last two weeks. Chilean company, aquachile stock, Blumar, Camanchaca, Australis Seafoods, Multiexport Foods, invermar stock and the local division of the Norwegian company Marine Harvest in Chile owned farms for the breeding of salmon. Source - agro2b.ru