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Tuna fetches record 32.49 mil. yen at year's 1st auction in Tokyo

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Mark Maker Donating Member (168 posts) Send PM | Profile | Ignore Wed Jan-05-11 01:28 AM
Original message
Tuna fetches record 32.49 mil. yen at year's 1st auction in Tokyo
Source: The Mainichi Daily News

TOKYO (Kyodo) -- A bluefin tuna from Hokkaido fetched a record-high 32.49 million yen on Wednesday in the first auction of the year on the Tokyo Metropolitan Central Wholesale Market, commonly known as Tsukiji market, market officials said.

The price for the 342-kilogram tuna, caught off Toi in Japan's northernmost prefecture, is the highest since 1999 when comparable data became available. It was well above the previous record of 20.2 million yen marked in 2001.

The tuna was jointly bought by the operators of a sushi restaurant in Tokyo's upscale Ginza district and a sushi chain in Hong Kong, which joined forces to win bids for the highest priced tuna for the third consecutive year.

Chinese participation in the bidding for the fish helped the price reach its record level, which was equivalent to 95,000 yen per kilogram, up from 70,000 yen logged for the highest-priced tuna the previous year. The popularity of high-grade bluefin tuna in China is growing.

Read more: http://mdn.mainichi.jp/mdnnews/news/20110105p2g00m0dm019000c.html



What's interesting to note is the Chinese participation since the Chinese and Japanese notoriously don't get along very well.
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Very_Boring_Name Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-05-11 01:39 AM
Response to Original message
1. That's about $400,000 USD
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-05-11 01:53 AM
Response to Original message
2. Was about to post that....
talk about some expensive sashimi!!!!!
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Art_from_Ark Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-05-11 02:57 AM
Response to Original message
3. 95,000 yen per kilogram = $527 per pound
:crazy:
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nebenaube Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-05-11 04:18 AM
Response to Reply #3
4. and Tuna will continue to become even more expensive since BP! n/t
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gtar100 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-05-11 05:01 AM
Response to Original message
5. The human species continues its decline.
Oblivious to the self-induced environmental destruction all around it, the hapless human animal that inhabits planet Earth continues its descent into extinction. A species endowed with great promise but lacking in collective foresight. A tragic loss indeed but to allow such carelessness out into the cosmos would be problematic. The evolutionary future of entire worlds could be easily compromised by such careless brutes. A species must understand the importance of balance in nature and respect all forms of life that partake in the eco-system or it will with certainty die out. Every species that has gone extinct is testament to this lesson.

But these people saw only monetary value and the hope for a quick profit. The suffering of the oceans was never a consideration, nor the welfare of future generations that would reap the true cost of their actions.
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Art_from_Ark Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-05-11 07:30 AM
Response to Original message
6. It's not exactly China-Japan cooperation
It's a sushi chain in Hong Kong-- which is China, and yet it isn't-- that helped foot the bill with the Tokyo-Ginza restaurant for this fish
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Turbineguy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-05-11 08:24 AM
Response to Original message
7. What's Japanese for "Charlie"?
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Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-05-11 08:56 AM
Response to Original message
8. Mmmmm Mercury. nt
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siligut Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-05-11 09:33 AM
Response to Reply #8
10. Don't forget those delectable PCBs
And all the collateral damage caused by the fishing method.
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Bonobo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-05-11 09:38 AM
Response to Reply #10
11. You clearly do not know what the fishing method is or you wouldn't say that.nt
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siligut Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-05-11 09:50 AM
Response to Reply #11
12. Maybe you are thinking of recreational fishing?
Commercial fishing uses nets.

Commercial Tuna Fishing Techniques
•The purse-seine is an efficient form of rounding up and netting tuna. A round, floated net is drawn together around a tuna shoal---much like the strings of a purse. This method is controversial for the large volume of fish captured and the indiscriminate nature of the technique. It accounts for approximately 62 percent of all tuna caught, according to the ISSF.



Read more: About Commercial Tuna Fishing | eHow.com http://www.ehow.com/about_6372115_commercial-tuna-fishing.html#ixzz1AAkxYBad
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Bonobo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-05-11 09:59 AM
Response to Reply #12
13. Nope, I don't think that's right.
Not for the kind of tuna we are talking about. The net technique is used for smaller yellowfin.

Please read:

http://www.worldfishing.net/features/new-horizons/japan-urges-industry-wide-reduction-of-tuna-effort



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siligut Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-05-11 10:24 AM
Response to Reply #13
14. Very good article, thank you
And I applaud the efforts to reduce bycatch and juvenile harvesting, but "efforts" is the key word here.

With global purse seine tuna catch now known to include sashimi-grade tuna, the need to control purse seine tuna fishing increasingly is accepted by the international community, particularly in the Pacific where the mass harvest of juvenile tuna is occurring and illegal tuna purse seine vessels continue to operate....“No measure is perfect. We must keep on monitoring and trying to close loopholes.”


The nets collect the juveniles, while the longlines collect the sharks and turtles.

http://www.montereybayaquarium.org/cr/SeafoodWatch/web/sfw_factsheet.aspx?gid=69

Bluefin is caught with a variety of gear, including purse seines and longlines. Longlines are most common and result in large bycatch, including threatened or endangered species such as sea turtles, sharks and seabirds. Since there are no international laws to reduce bycatch, these longline fleets are contributing heavily to the long-term decline of some of these species.


The above is from 2004, but it explains the methods and inherent problems.




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aikoaiko Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-05-11 08:59 AM
Response to Original message
9. Now I need to eat sushi for lunch.. already hungry.
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