Fish n' Bits - The Aquaculture Data Intelligence Podcast

• Quarterly Public Farm Review: Q3 2025

  What happens when low salmon prices stop being a short-term problem and start reshaping how the entire industry thinks about risk? In this episode, we dig into Q3 financial results from the publicly traded salmon companies, not just to recap the numbers, but to unpack what they’re really signaling beneath the surface. We explore widening gaps in EBIT per kilo across regions, why Chile stands out while Norway, Scotland, Canada, and Iceland struggle in very different ways, and how persistent price pressure is forcing companies to prioritize cost control over growth. The conversation goes deeper into the tradeoffs this creates: where cost-cutting shows up quickly through sea lice decisions, where it hides longer-term risk through disease and biology, and why the push toward “control” via land-based and semi-closed systems hasn’t yet translated into stronger economics. The result is a clear-eyed look at whether the industry is truly buying predictability or simply shifting where risk shows up. Download the full Q3 2025 report here.For more aquaculture insights head to our Fish n’ Bits blog.

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• Peru’s Anchovy Quota: The Signal Every Feed Buyer Is Watching

  How does one small fish in one corner of the Pacific end up shaping the entire global aquaculture feed system? In this week’s episode, we break down the latest developments from Peru’s anchovy fishery, from the unusually low provisional quota, to the rapid EUREKA survey that reshaped the biomass picture, to why analysts like Rabobank are warning that long-term fishmeal and fish oil shortages are becoming more likely. We revisit what happened during the 2023 juvenile-driven closure, unpack what the 2025 numbers actually tell us, and explain why Peru’s anchoveta remains the single most important swing factor for salmon, shrimp, and even pet food production worldwide. For more aquaculture insights head to our Fish n’ Bits blog.

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• Closed Systems: Why Norway’s Biggest Producers Are Suddenly Investing

  What’s driving Norway’s sudden wave of investment in closed fish farming systems? This week we unpack the real story behind the headlines, from Mowi’s new Fiizk orders to Lerøy and SalMar’s push toward enclosed pens. It all traces back to an October 10th regulatory change that quietly created the biggest financial incentive yet for producers operating in red zones. Tony breaks down how this new rule works, why companies are moving fast to adapt, and whether it marks the beginning of a larger shift toward closed and semi-closed farming systems across Norway or even the world.For more aquaculture insights, head to our Fish n’ Bits blog.

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• Scotland’s Salmon Survival Debate: What the Data Actually Shows

  What can one number really tell us about an entire industry? This week, we unpack the Scottish Fish Farm Production Survey 2024, a report that’s sparked headlines and controversy with its 61.8% survival figure, the lowest in more than three decades. But beyond the shock value, the data reveals something deeper: the long-term cycles of progress, constraint, and adaptation that define Scottish salmon farming. We’ll explore what the numbers actually mean, why short-term data can distort reality, and how progress in sustainability often comes with biological trade-offs. For more aquaculture insights head to our Fish n’ Bits blog.

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• Genomics: How DNA Sequencing Will Transform Fish Health

  What if the next major leap in aquaculture doesn’t come from the ocean but from the genome? In this week’s episode, we trace the story of genomic sequencing: from Darwin’s first evolutionary trees to the breakthroughs that now let scientists map entire fish genomes in a single day. You’ll learn how falling sequencing costs are opening the door to disease tracing, genetic selection, and smarter breeding programs that could redefine sustainability across aquaculture. For more aquaculture insights head to our Fish n’ Bits blog.

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