22 B u s i n e s s p l a n | F i s h m e a l a n d f i s h o i l p r o d u c t i o n Fish resources Using this data, we can estimate an average fish weight as 0,1 kg. The total population for Gulf menhaden at the beginning of 2004 (prior to the 2005 hurricanes) was estimated to be about 36.3 billion fish or 3630 thousand MT. The landings associated with the 30% SPR would be about 700 thousand MT. For reference, landings of Gulf menhaden in 2014 were 391 thousand MT. That means that it is possible to land the additional 300 thousand MT of Menhaden. MAJOR FINDINGS • Raw material for the fishmeal production are Menhaden; • Gulf menhaden range from Mexico to Florida. The majority of the landings for occur in Louisiana; • Menhaden population remains healthy and overfishing is not occurring; • Menhaden are able to sustain themselves, so current levels of harvest in the commercial fishery are not harmful to the population; • Fishery managers do not consider Gulf menhaden to be overfished; • The main management of Menhaden fishing depends only on the economic consequences; • There is a possibility of landing at least 300 thousand MT of gulf menhaden. The Menhaden population allows Company to achieve by 2020 the target level of catches. Table 6. Percent age composition, estimated total Year Age-0 Age-1 Age-2 Est. total number of fish caught in billions Landings (1000 MT) 2013 <1% 25% 73% 4.54 497.5 2012 <1% 31% 66% 6.78 578.4 R E C A P :
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