Atlantic Sapphire more than tripled harvest volumes in Q3

Florida land-based salmon farmer Atlantic Sapphire harvested a total volume of about 1,300 tonnes (head on gutted) for the third quarter, which ended on September 30, 2024. The corresponding volume in Q3 2023 was 365 tonnes, making this year's Q3 volume 3.5 times that of last year.

The realised average harvest weight was 1.42 kg HOG in July, 1.55 kg HOG in August, and 2.19 kg HOG in September.

Corresponding figures from land-based farmer Salmon Evolution, which released its figures on Wednesday, are 680 tonens in Q3 and an average weight of 3.3 kg.

The company stated in a stock market announcement that the harvest weight has increased during the quarter as the standing biomass has been adjusted to the current feed capacity throughout the quarter.

"During the third quarter, the biological conditions developed favourably with stable water quality and temperatures, low mortalities, and increased slaughter weight throughout the quarter following operational measures to increase the slaughter size," the company said.

In addition, Atlantic Sapphire pointed out that it has adjusted the biomass to the current feed amounts and therefore expect a further increase in the average harvest weight in the fourth quarter of 2024.