Market

The concept of market is based on supply and demand for goods and services, related to price Market (farmed fish) is **international**, with competition from Norway and Chile. BC has higher production costs (compared to international competitors) due to expensive transportation. Oversupply in market has seen dramatic fall in value of farmed salmon (value of BC farmed salmon decreased 55% between 1988 and 2002)

A market is any place where the sellers of a particular good or service can meet with the buyers of that goods and service where there is a potential for a transaction to take place. The buyers must have something they can offer in exchange for there to be a potential transaction.

The fish farming and aquaculture market is an ever growing one due to the high demand for seafood, and the reductions of natural stocks in the ocean. Due to the fact that fish farming has the ability to produce thousands of fish in a contained area allows them to sell their product for a reduced market price compared to fish that have been caught in the wild. This overall reduction in market price requires fisherman who have caught their fish in the wild to sell their product at a competitive price with the farmed fish, reducing their profit margin. The result of this drop in market price requires that traditional fisherman harvest more fish to provide for themselves and their families which is depleting natural stocks.

The fish in todays stores is now said to contain more than 90% farmed fish. Farmed fish are known to contain less nutritional value than wild fish. The farmed fish contain only a fraction of the omega-3 fatty acids the wild fish do. These fish are also often pumped with antibiotics and pesticides to control the spread of disease in the overpopulated pens. The market for fish has been significantly changed with the introduction of farmed fish and make it difficult for the typical consumer to attain wild caught fish as a result.

Recently, pro fish farming commercials, funded by the fish farming industry are shown throughout televisions all over the province. I have yet to see a television commercial that isn't pro fish farming. It is obvious that the money made from fish farming is being used to exploit the uneducated. The reality of this market is that it is completely supported by both federal and provincial governments due to economic reasons. The fish they are feeding people is really unhealthy, but I doubt a commercial would be allowed on television showing the dye injections being made into the pale gray meat. Obviously not, that would hurt the market. Sadly the consumer is being lead astray by pro fish farming propaganda.