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Innovative Investment Boosts New Zealand's King Salmon Feed Development for Export Growth

18 hours ago | 71 views

The Government is backing innovation to grow New Zealand’s high-value aquaculture exports, with a $455,000 investment from the new Primary Sector Growth Fund to support the development of specialised feed for King salmon, Agriculture, Trade and Investment Minister Todd McClay announced today. The $1. 2 million project—led by global aquafeed company Skretting—will design feed tailored specifically for New Zealand’s King salmon, supporting the growth of open ocean farming and helping reduce costs for local producers.

Tags: Government innovation aquaculture exports investment Primary Sector Growth Fund Todd McClay agriculture trade King salmon