Boom time again for Norway salmon farmers

London

IT'S a pretty good time to be a salmon farmer in Norway. Export prices have surged to a 30-year high, global demand has been growing and profit margins have ballooned.

As recently as 2014, the world's largest salmon-producing country was mired in a slump, forced to sell the fish at discounts when trade sanctions led to a halt in shipments to Russia, a major buyer.

The rebound began late last year with an outbreak of parasitic sea lice, which may cut output in the first half of 2016 by 5 per cent, the Norwegian Seafood Council (NSC) said.

The country's seafood exports were the highest eve…