Thursday, February 11, 2010

Turtle meat price soars

From an article distributted by the Cayman News Service:

(CNS): The new managing director of the Turtle Farm has made his first major decision, which will see the cost of turtle meat triple in price. In a written statement issued on Friday evening, Timothy Adam, who has been in post less than two weeks, said the business now needs to raise the selling price on turtle meat to reflect the true cost of production and maintenance of the Cayman Turtle Farm facilities. From Monday, 8 February, turtle steak will cost CI$27.00 per pound, three times its current price. Recognizing the cultural significance of the meat, the new MD and the board said they were committed to doing what it takes to protect the future of the farm.

According to the statement, the price of the turtle stew will rise from CI$5.40 per pound to CI$16.00 per pound, turtle menavelin will rise from CI$4.00 per pound to CI$12.00 per pound, and the bone from CI$2.00 per pound to CI$6.00.

Calicia Burke, Marketing Manager at the farm, said that farmed turtle meat is one of the rarest forms of food as it is found only in the Cayman Islands and only from the Cayman Turtle Farm. "Our farm avoids the need for any green sea turtles to be taken from the wild by the general public. Our aim is to continue facilitating conservation and preservation of the species through our strategies of commercialization, leading-edge research and technological development of green sea turtle farming,” she said.

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