AGP Executive Report
Last update: 5 hours agoShrimp Opportunity: A Pakistan Business Council report says inland shrimp farms could net up to Rs11 million per hectare, far above traditional carp farming, but require much higher start-up investment. Ghana’s Aquaculture Push: The 2027 budget earmarks US$3 billion for commercial agriculture, including aquaculture, and US$1 billion to complete the Pwalugu Dam, whose reservoir is planned to support fish cages. The government aims to narrow a 500,000-tonne annual fish-supply gap with support for farms, feed, fingerlings, health services and cold chains. Feed Investment: Uganda’s development corporation added Shs30 billion to a fish-feed factory project, bringing its commitment to about Shs56 billion and targeting lower reliance on imports. New Farm Capacity: Florida land-based producer Pine Island Redfish has raised $6 million and begun building a commercial facility, with construction expected to take about a year. Industry Risks: Tasmania is closing nearby wild-fishing areas after salmon farms used antibiotics, citing export-market concerns. Separate data show nearly 1,907 tonnes of salmon died in Macquarie Harbour over 15 months, prompting renewed scrutiny of farming conditions.
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