Word On The Street

In the news!

According to a recent article in The Scotsman, a scientist at the Shetland Fisheries College conducted a study that showed fishermen were just as good as scientists at predicting the level of commercial fish stocks.

Here is a link to the article:

http://www.scotsman.com/news/environment/fishermen-can-predict-fish-stocks-study-finds-1-348880

 

Reuters reporting based on the U.S. Department of Agriculture said this past week that "overall U.S. food inflation will remain near the historic norm in 2014, even as prices for meat and seafood are pushed higher by disease and widespread drought."

"U.S. fish and seafood prices were forecast to rise by 3.5 percent to 4.5 percent this year, up from last month's forecast of a 2.5 percent to 3.5 percent gain." The USDA was quoted as saying, "in general, fish and seafood prices have been climbing due to decreased supplies of certain species and increased consumer demand, as other meats have become more expensive."

A link to the article: 

http://www.reuters.com/article/2014/07/25/us-usa-agriculture-inflation-idUSKBN0FU1DD20140725