A Grieg salmon farm site in Norway. The company harvested 23,600 gwt in Norway and Canada in Q2 2022. Photo: Grieg.

Grieg Q2 harvest up by 35% year on year

Norway and Canada salmon farmer Grieg Seafood harvested approximately 23,600 gutted weight tonnes of fish in the second quarter of 2022, it said in a market update today.

Published Modified

The volume is more than 6,000 gwt, or 35%, larger than the 16,916 gwt harvested in the same period last year.

Grieg harvested 5,000 gwt in Rogaland (Q2 2021: 7,783 gwt), which was 200 gwt higher than guided in its Q1 2022 report, and 9,800 gwt in Finnmark (4,780 gwt), 1,800 gwt higher than guided.

In British Columbia, Canada, Grieg harvested 8,800 gwt (5,249 gwt), 200 gwt lower than guided. Harvesting volumes vary significantly every other year in BC due to local production region arrangements and Grieg having fewer farms on the west coast of Vancouver Island than on the east coast.

Farming costs

Average regional farming costs per kg for the quarter were approximately NOK 46.8 in Rogaland, up from NOK 41.9 in Q1, and NOK 40.6 in Finnmark, down from NOK 41.8 in the previous quarter.

Costs per kg in British Columbia were CAD 7.9, an increase of 10 cents compared to Q1.

Grieg has stocked the first smolts at its new marine sites in Placentia Bay, Newfoundland, but these fish won’t be ready for harvest until late 2023.

Grieg’s full Q2 report will be published on August 23.