‘If we want to eat it, we have to farm it’: the push to grow Australia’s $2bn aquaculture industry

Farmed seafood overtook wild caught fish for the first time in 2021-2022. ‘It can be extremely profitable,’ researcher says

“With the amount of the population that we’ve got now [wild fishing] is unsustainable. I think we will very quickly deplete any species that we stop farming.”by the Australian Bureau of Agricultural and Resource Economics and Sciences , Aquaculture has become Australia’s most valuable seafood industry, overtaking wild caught fish for the first time in 2021-2022 in terms of gross value of production and hitting a peak value of over $2bn.

“The demand for freshwater crayfish is insatiable,” Valverde said. “And the prices are really good. We just have the problem of – as farmers – figuring out how to produce enough of them.Sign up to receive Guardian Australia’s fortnightly Rural Network email newsletter

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