The following chart shows the increase in prices of various food items since 1947 relative to what prices overall have done.
I find it interesting that fish and seafood prices rose during the 1970s relative to most things and never came back down. The same cannot be said of meats.
In anticipation of this post, fried has offered the following link (from the comments of the last post).
September 6, 2011
Scientists call for end to deep-sea fishing
Elliott Norse, president of the Marine Conservation Institute and the paper’s lead author, said the world has turned to deep-sea fishing “out of desperation” without realizing fish stocks there take much longer to recover.
“We’re now fishing in the worst places to fish,” Norse said in an interview. “These things don’t come back.”
For what it is worth, I have a very large supply of canned tuna fish in my extended pantry. Unlike meats, it does not even require refrigeration.
That said, all is not lost perhaps.
February 21, 2005
Japan has spent decades developing and refining highly advanced fish-farming techniques. In September 2004 many of those efforts came to fruition when the first consignment ever of farmed bluefin tuna, a fish that fetches extremely high prices, was shipped commercially. In a related development, a major supermarket has announced plans to sell flounder that has been farmed without the use of antibiotics. The technology of fish farming, a practice that offers advantages in terms of food safety and conservation, is advancing rapidly.
The State of World Fisheries and Aquaculture (2010)
Aquaculture continues to be the fastest-growing animal-food-producing sector and to outpace population growth, with per capita supply from aquaculture increasing from 0.7 kg in 1970 to 7.8 kg in 2008, an average annual growth rate of 6.6 percent.
Peak fish? Perhaps not.
St. Louis Fed: CPI
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