Oyster Farmers Say Land Ho


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Wondering.


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From wondery I'm David Brown, and this is business wars daily on this January 12 Happy Friday, one and all. For some foodies, there's nothing better than knocking back a few fresh oysters on a summer's day. But how these critters get from ocean floor to plate has been changing as of late. For centuries, oysters have been raised in their local habitat. Talking about the ocean here, folks. Now a few companies are bidding farewell to that ocean and saying land ho. The practice of raising oysters on land is growing, according to Bloomberg. In traditional oyster farming, oysters are raised in shallow bays, where they grow on the ocean floor in cages, trays or floating bags. They're then either bathed in ultraviolet light or pumped full of microbubbles. Both of those techniques dislodge impurities in the oysters.


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Once they've reached a certain size, they're harvested and end up on dinner plates around the world. But farming oysters on land rather than in the ocean, has some immediate benefits. The traditional techniques to remove impurities in ocean raised oysters aren't 100% foolproof, according to Bloomberg. That means pathogens can sometimes survive within the oyster's flesh and render them inedible. But one oyster executive told Bloomberg he's confident that by moving the oysters to land and feeding them algae and plankton that's also grown on land, he can eliminate the risk of contamination. That executive is Hidanori Yoshida, whose company, General Oyster Inc. Has been raising oysters in the waters off Japan for more than two decades. Now he's taking his manufacturing inland to a farm in Okinawa. There, he raises oysters in massive tanks full of seawater that's pumped from depths of more than 1900ft.


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In the tanks, the oysters can be more carefully monitored for pathogens and bacteria, reducing the risk of food poisoning. Yoshida's pilot program in August was a success, the company said, and shares surged to more than 60% from the prior year. Land farmed oysters will still make up a small percentage of the total of what Yoshida's company sells. Within three years, he expects to sell around 450,000 land farmed oysters a year of the 10 million he sells in total. But he plans to charge more for the land farmed critters, about 50% more. As he told Bloomberg, quote, it was a new market waiting to happen. End quote. A new market that's touched all corners of the oyster farming industry, undoubtedly across the oceans. In the US, one main based company is experimenting with land farming, too.


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Maine Shellfish Developers was founded in 2016 to test innovative oyster farming methods. In 2021, the company received a grant to move inland. Now the company operates four tanks in a warehouse inside a business park in Waldoboro, Maine, where Yoshida's company touts land farming's ability to reduce contaminants. The buzzword for Maine shellfish development is sustainable. Traditional oyster farming can deplete the ocean's natural resources and make the ocean less inhabitable for other species. Those problems are held at bay if the oysters are raised on land. So what I did there, right? Main shellfish developers company is currently in its testing phase. It hasn't yet scaled up and isn't producing nearly as many land farmed oysters as Yoshida's company in Japan. And that'll be the challenge ahead. Few companies have successfully taken land farmed oysters to the big stage.


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But if farmers in Japan and Maine have their way, land based oyster farming will be the next big thing from.


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Wondery this is business wars daily. I'm your host, David Brown. Written and produced by Jessica Yarmoski.


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