New sanitary regulation causes dissension among producers
He commented that there are some topics that still require some improvement due to lack of research and knowledge. “At the beginning, everyone agreed on the norms but now they are realizing that it is not easy to implement this regulation because of economical and operational issues,” he said.
In addition, Rafaeli describes the existing optimism in the industry as oversized and believes that Chile will retake the US market within a period of two to three years. In terms of prices, he said that "the current Atlantic salmon sowings show that there will be a low in 2012 but prices will remain at reasonable margins." By contrast, in his opinion, prices would be more stable in the case of Coho salmon and Rainbow trout, .
According to the financial journal Estrategia, this year Trusal expects to produce around 28,000 tonnes of salmonids, mainly Coho salmon and Rainbow trout, and between 33,000 and 34,000 tonnes in 2011, with their first site with Atlantic salmon being harvested. They also plan to remain producing 35,000 tonnes for a couple of years and then, climb gradually, what will require an annual investment of about USD 5 million in the next five years, Rafaeli said.
