13 votes

The world has an anchovy supply problem

4 comments

  1. [4]
    patience_limited
    Link
    From the article: The combined impacts of climate change induced ocean warming and the El Niño weather cycle are already extreme this year, and we're just getting started.

    From the article:

    One of the world’s current hottest commodities is in the midst of a huge disruption. It may sound like I’m talking about oil and the blockade of the Strait of Hormuz, but this is even more severe. The supply shock is far greater — and so is the price response: Global production has plunged as much as 40% from a year ago; prices are up 80% over the same period to an all-time high. The commodity in question? The humble anchovy.

    The tiny fish may sound utterly mundane, but its importance to the global economy is far larger than just foodies’ craving for the umami taste. The anchovy sits at the bottom of a crucial supply chain that sustains the $500-billion-a-year global aquaculture industry. Anchovies are the main ingredient in fishmeal, and without enough of it, global production of salmon, seabass, shrimp, oysters and other seafood will suffer, pushing up supermarket prices.

    The combined impacts of climate change induced ocean warming and the El Niño weather cycle are already extreme this year, and we're just getting started.

    12 votes
    1. [2]
      Sunbutt23
      Link Parent
      Futurama was ahead of its time apparently…

      Futurama was ahead of its time apparently

      as well as the last known tin of now-extinct anchovies

      11 votes
      1. patience_limited
        Link Parent
        I don't think El Niño is an extinction-level problem for anchovies (yet?), but it will become a serious food cost and scarcity problem for farmed fish, shellfish, and crustaceans in the coming...

        I don't think El Niño is an extinction-level problem for anchovies (yet?), but it will become a serious food cost and scarcity problem for farmed fish, shellfish, and crustaceans in the coming year.

        Time for me to work harder on veganism, but aquacultured fish and shrimp seemed like a not-too-horrible animal suffering source and an acceptable carbon output dodge...

        9 votes
    2. snake_case
      Link Parent
      I remember sitting down for sushi in the united states years ago and thinking that I should savor this while it lasts cause this is definitely not sustainable.

      I remember sitting down for sushi in the united states years ago and thinking that I should savor this while it lasts cause this is definitely not sustainable.

      10 votes