Hake prices hit a twenty five year low!

Last year £1.6 million worth of #hake was landed on the fish market in 95% of it coming from the net boats...

in 199 the landings of hake were worth £430,000...

in 1980 large medium hake (2-3Kg) on the market in Newlyn (weighed in stones) was the equivalent per kilo of £1.24 per stone

in 1992 the price per Kg was £2.24 for the same size fish...

on Plymouth market around the same time hake was £2.58 for fish less than 0.6 Kg ...

using the current EU fish grade system...

 while on Newlyn the same year medium - approx 2-3Kg fish were £4 per kilo...

so it comes as a real blow to skippers. crew and owners to see hake prices on the market this week AVERAGE £1.50 per kilo - 

let's hope that the recent good news - MSC hake certification - makes a real difference to the overall consumption of hake in the UK and in the future prevents such drastic falls in the price of this fish - the boats fully understand that the price will drop when there is a surplus of fish - but to see the price today at a similar level expected on the fish market twenty years ago is hard to understand.

It's not just hake of course, today big turbot made around £7 a kilo - as compared to £12.50 last Friday - a good time to eat turbot maybe.