Turtle meat price soars
(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.
Adam pointed out that the sale of turtle meat to restaurants and the general public has always been a very important function of the Farm, but the price was far below the cost to produce it, and the facility was constantly losing money on that portion of the business.
“One of my first priorities after taking this job was to begin a process of closely examining every aspect of our operations to determine if they were being run efficiently and were commercially viable,” said Adam. “Looking closely at the farm operations it was immediately clear that the price being charged for turtle meat would not allow the proper operation of the farm. The supply of turtle meat in Cayman is in jeopardy and could dry up in the very near future without significant re-investment in the turtles, their feeding and care or even the farm facilities.”
Since Hurricane Michelle in 2001, when much of the Farm’s breeding herd disappeared and much of the breeding facility was rendered unusable, the farm has struggled to improve its breeding programme and reverse the issue of declining turtle stock. Adam emphasized that setting a reasonable pricing structure was the first step in being able to properly re-invest in the farm and reverse this unsustainable trend.
The farm has recently reported problems with turtle eggs not hatching, which is impacting the farm’s ability to produce meat,, and is currently engaged in a research project to examine the diet of the turtles at the farm and how that compares to that of wild turtles and the nutritional value.
To ensure the long term sustainability of the Cayman Turtle Farm and the availability of turtle products the MD said there was a need to increase the meat’s selling price and that the meat still compared in price to lobster, which is a similarly scarce meat.
There had been no increase in the price of turtle meat since the mid 1990's, despite increasing costs and the increased scarcity of supply.
“There is no doubt that our local turtle population would become endangered without the research and conservations efforts of the Turtle Farm," added Adam. “We have a responsibility to ensure that future generations of Caymanians can enjoy the traditions of our islands, and the turtles are an important part of that.”
Adam said this was just the first step in a series of wide ranging changes to be implemented over the coming months at Boatswain’s Beach with the aim of making the entire facility a commercially viable entity. “The decision in regards to the pricing of the turtle meat was an obvious first place to start” he added.
Ken Hydes, Chairman of the Board, backed his new MD and said more difficult decisions lay ahead. “I can assure the public that these decisions are being made with the long term best interest of the shareholders, the Caymanian people. This is the reason the board felt it was essential to bring in someone with Tim’s experience and capabilities. We are extremely confident that he is the right man to turn things around at Boatswains Beach and he has the full support of the board and senior management team,” the chair said.
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At last, after many years, I
At last, after many years, I have discerned something which could be called "Caymanian culture" - Eating endangered animals. It is disgusting and should not be happening in a British colony in 2010.
Nobody tells you what to eat,
Nobody tells you what to eat, so dont tell us!!!
There's lots of things that shouldn't be happening in a British Colony that is more dangerous and disgusting than eating what God gave us to survive on!!!
OF course the price had to
OF course the price had to increase!!!!!!
They have a new CEO salary to pay!!!!!!
I made a quick scan of the
I made a quick scan of the various contributions made to this subject thread and saw nothing questioning the last 4 years of operation of the turtle farm at huge losses and why the turtle meat prices were never raised?
What was Joey doing? The operation was losing huge sums and he never thought of raising the prices on turtle meat?
The idea of not raising prices on turtle meat since the 1980s is amazing and irresponsible mismanagement of ther turtle farm in my opinion.
They weren't afraid to have top dollar pricing on the tourist attractions but I guess covering their turtle operation costs scared them.
I heard that you have to sign
I heard that you have to sign over your property as colateral to get turtle meat on credit now.
Well i guess we are gonna
Well i guess we are gonna have to start selling our Solja Crabs at a fair price!
All of you people who voted
All of you people who voted for the UDP deserve everything that is being rammed down your throats! I have never heard such discontentment as I have recently, but it is too late! You all should have thought about that BEFORE making the mistake in May 2009! IT IS TOO LATE NOW, you get what you ask for, & you get what you voted for! It's just a pity that the good have to suffer for the guilty! Now go pay for unna turtle meat, OR DO WITHOUT!
Ok when is Mr. Bush going to
Ok when is Mr. Bush going to step forward and act like the good person becaue isnt that how it works i'm sorry Mr. Adams havent been on this job even a week and already can make a discission like this i as a caymanian love turtle meat for health reasons i dont eat it as often as before and no its nothen to do with my cholesterol becasue that is vey good. But let those that love it enjoy it no one is telling you or the next person what to eat but dont try and stop something that is tradition because how many of you that is writing can say my grandfather of my father went to mosquito Key to get turtles for my family to survie some of you probley dont even no where this place is cayman has lost too many traditions in the last couple of years and for this to happen when is this going to stop. And for the other nationalties that have something to say please think about what your national dish is its probley more discusting than what turtle is .
I want every Caymanian to
I want every Caymanian to remember that it was Mckeeva Bush & the udp that changed our world famous Turtle Farm into an unknown tourist attraction called Boatswain Beach. It was projected to cost around $35 million for the rebuilding & renovating of the turtle farm, but ended up costing us (the people of Cayman) about $68 million! (I will not go into where all those millions ended up, & WHY!). It is costing government somewhere between $15 & $20 million per year to run. This has been the biggest waste of money in our history, & the udp & Bush have the audacity to criticize the PPM for building new schools & much needed new roads?
NEVER FORGET people, it was the udp that built Boatswain beach, that cost us $30 million more than it should have, & is costing us $20 million per year to opperate, & that is the main reason why we now see the cost of turtle meat tripling! And do not for a moment believe that the udp did not know about the cost increase. Do they expect us to believe that they appointed Mr. Adam there as the boss & within a week he made such an important & hurtful decision by his little self? Let them not fool us people, we are not "fool fool" like Bush thinks!
The udp made the stupid & costly decision to build the attraction in the first place, & they also made this stupid & costly decision to raise turtle meat prices at a time when the people are suffering because of a world recession. Do they not think before they act? Do they not have a heart? The udp is the reason why we are suffering so much. Times are hard because of the udp. It started with their stupid & costly mistakes between 2001 &'05, & it continues with their selfish & thoughtless acts today. That what we get!
My national dish involves
My national dish involves a sheep's stomach and lamb/cow offal. You may not like it as much as I do, but last time I check sheep and cattle are not endangered species.
"lowering the cost to produce
"lowering the cost to produce the meat to start with"
maybe they should have appointed you managing director. you seem to know it all.
So...let me get this right.
So...let me get this right. Jim is raising the cost of the meat to cover the costs of production - rather then lowering the cost to produce the meat to start with.
What this means is that the public continue to pay over the odds to allow the sloppy management of the farm to continue. How come it did not cost so much to run prior to 2001? How come it was financially successful prior to 2001?
Why has there been mistake after mistake made, the costs of which are now being passed on to the public?
Ask Mac he is the one who
Ask Mac he is the one who tried to make the Turtle Farm a dysney world park with a beach.
A beach when we have the best beach in the world.
Ask Mr. Bush where the 70 odd million dollars went...now we will pay for his type of government
Maybe they can feed them all
Maybe they can feed them all the free caymanian bullshit. That would cut cost drastically and make everything affordable again. You really don't know the answers to your own questions? Ask your Government next time they are available. Why are the cost being passed on to the public? Classic line dat.
Well, I still have my 10lbs
Well, I still have my 10lbs of stew I purchased in December. Think I'll hold on to that a little bit longer now, until that craving hits me.
"Highway robbery man"
"Highway robbery man"
I hate turtle meat, I don't
I hate turtle meat, I don't see what the big deal is!
Eat soldier crabs!! LOL!
Only God knows how this
Only God knows how this ridiculous increase will help save the Turtle Farm. Just put it up for sale and done, becasue I feel that's what they are really after. Nobody love turtle meat more than my grandmother, and if you hear her say that "they can keep it"...
Why would anyone buy it when
Why would anyone buy it when it loses 100k a month?
You had better be on your
You had better be on your guard now Tim... this increase will mean you are now essentially storing Living Gold at the farm.
It's really no secret that the turtles are currently flying through the air and over the farm's fences at night... this increase will now make the 'turtle meat black market' even more attractive to the night time turtle tossing bandits.
I dont get the whole turtle meat thing myself... one of the most disgusting things I have ever smelled cooking or had the displeasure of tasting... but hey, whatever floats your boat.
I agree, it's the
I agree, it's the foulest thing I've ever tasted, but many people love it
I LOVE Turtle meat, and i
I LOVE Turtle meat, and i tried to eat it at least once a month as a special treat to myself, at that time turtle was 13 dollars a plate which was expensive, but well worth it. Tradition can kiss my ass, if you think im going to pay 40-50 dollars for a plate of turtle stew.. This is the dumbest thing i have ever heard.. So you see, as much as i love turtle no one is going to pay these ridiculous prices for it, that being the end of the turtle farm and another big waste of money by the govt.. The only place you will be able to get turtle meat now is at the big fancy restaurants that will charge you an am and a leg for it, and in the end they are wasting their money, because they don't know CRAP about how to cook turle stew.. Dumbest idea yet TIM!! I really hope you're not planning on running for politics too, i can assure you my friend majortiy of the turtle stew lovers out there (which are ALOT) probably wouldn't want to see your face ever again..
I was tempted to discuss the
I was tempted to discuss the fascinating evolutionary history of the chelonians, with their ancestors visits from sea to land to sea and back to land. But I fear most of those complaining about the price increase don't believe in the wonders of evolution.
Why worry about the price of
Why worry about the price of turtle meat, there is plenty iguanas running wild in peoples back yard, and they are free.
They are vegetarians. Dont let their smile change your mind. because if you can eat codfish you can eat iguanas Ever seen cod fish head yet? It look like dog head to me.
Turtle meat will give you high colestral. SO. Now that Caymanians cannot afford to buy it every week, then I would sugest instead of buying Turkey for christmas, put aside 15.00 every month and then you can aford to buy two box turtle meat for christmas day dinner.
Twyla you can have the
Twyla you can have the iguanas if you like, but please stop repeating that rubbish that turtle meat will give you high cholesterol. Turtle is actually very nutritious, delicious, low in fat, and LOW IN CHOLESTEROL (50 mg per 100g) when compared to most other meats, for example, chicken with the skin removed before cooking (77 mg per 100g).
Yeah Twyla, I love to read ur
Yeah Twyla, I love to read ur two cents...this time u hit the nail on the head. I have iguanas in my backyard, I won't bother to kill them. I'll let them populate and enjoy juana dinner me and my friends. Will invite one of the politicians to see which one can cook it the best! Wha y tink???? Lol!!!
you are too funny. this
Nuff hiccatees round the
Nuff hiccatees round the place, why unno stressing unno self out fa?Cayman still ga nuff bush with fresh water ponds,unno go hunt hiccatees and feast unno self on reptile meat...LMAO!!!!!
The sea turtle comments are
The sea turtle comments are meant for those of you who would ruthlessly and recklessly poach turtles like you know you do! But then again, how clean is the water in those overcrowded turtle pools at the farm? Bet they're consuming alot of poop....more carcinogens...EEeeeee
A Caymanian tradition??? Not
A Caymanian tradition??? Not in my family!! And YES, I 'born yah'. My grandma raised me and thank God, meat never touched her lips. She was healthy throughout her entire life, never had to visit a doctor n lived to a ripe old age. I remember seeing turtle cooking in a pot at a friend's house and almost puked when I saw that GREEN muck!! Nasty! Not in my belly!!
By the way - you afraid of cancer?? Turtles eat sea sponge - very carcinogenic! How ironic that we are trying to protect an endangered species, yet selling their meat!!
Enjoy your cancer..........
*****Vegetarian and proud***** And healthy......total cholesterol: 90!!! Yeh baby.
YO! Listen up, Everything
YO! Listen up, Everything gives yah cancer man, thats your prerogative to eat what you want to eat man but don't tell others what to do. If mi want to eat snake mi eat snake...if mi want to eat rat mi eat rat...if mi want to eat frog mi eat frog...only rasta knows the only unclean meat is pork.
The turtles at the turle
The turtles at the turle farm/boatswain beach eat pellets, not sponges, because they are farm raised. The turtle meat sold by the turtle farm is farm raised turtles, again, for emphasis. Do you understand now? The farm raised turtles do not eat sponges. You dont eat turtle, well that is wonderful for you. Respect the opinions of others. You dont have to agree, but everyone has the right to their own likes and dislikes.
And - everyone has the right
And - everyone has the right to a heart attack.......
Wow! Total cholesterol 90??
Wow! Total cholesterol 90?? I wish I knew you so that I could start on your diet love. And, no I don't eat turtle meat either, but still ..
Oh, I'd love nothing better
Oh, I'd love nothing better than to talk healthy food with you! Acid / Alkaline ratio very important. Not consuming animals is the first step to lower all that
LDL buildup in your arteries! Not worried now? You will be when your chest gets that tight squeeze and you start to pray....
I think this dramatic
I think this dramatic increase in cost of turtle meat will nothing except drive a lot of folk to take turtles from the wild. At a huge cost to the wild turtles. What is the Turtle Farm thinking??
That is my thoughts exaxtly.
That is my thoughts exaxtly.
Just like old times Timmy.
Just like old times Timmy. You are doing the same here that you did at Cable & Wireless and that was to squeeze the maximum the Public would pay.
Well, like Cable & Wireless the public will decide when enough is enough.
And my prediction is that this move is going to hurt Boatswain.s Beach a lot more than it is going to help it. Such drastic moves are draconian in all shapes and forms and do not indicate good business sense. It would have been better to test the Market with smaller increases until you figured out what the Market could accept, rather than shoot it down with a single shot.
Six dollars a pound for Turtle bone is nothing short of madness.
Now Big J and Dan Dan gah
Now Big J and Dan Dan gah give dem green turles hell, lmao!
Why is it sad for Caymanians
Why is it sad for Caymanians to claim eating turtle as a part of our culture? Not trying to be confrontational but please support your comment. Is it sad that Inuit proudly eat seal, walrus, etc as a part of their culture? What about Laplanders eating reindeer? Scots eating haggis (part of which is animal product), etc. etc.
The only difference is that turtle is endangered, and therefore protected - a fact that materialized comparatively recently in cultural terms (30 years). Do you expect cultural traditions to be eroded in such short time. Perhaps by the end of this century, history might record that "Caymanians USED to eat turtle as a part of their tradition" but why would you expect a part of our culture to 'stop on a dime?'
Perhaps you've visited or live here and observe other facets of our culture and traditions being eroded by outside influences, as occurs around the world. Yes, we're not immune to that, sadly. But that is exactly why we should proudly retain any part of our culture that we can. And as long as Caymanians can obtain turtle meat legally we should eat it. When that source ends then, by and large, that tradition will have faded, like others. Who knows, by then maybe the wild turtle population will have rebounded and CITES ban may be lifted/altered and we will go back to how it all started. If not, so be it; eating turtle will become a topic of history lessons.
Meanwhile, there is nothing sad about trying to cling to one's culture and traditions. In every part of the world that effort is associated with national pride. I happen to be a Caymanian who doesn't eat turtle (never have) but God am I proud of my culture - whatever little of it is left!
Throughout history there have
Throughout history there have been many cultural rituals that were both practiced and fiercely condemned. For instance, the Korowai tribe of southeastern Papua could be one of the last surviving tribes in the world engaging in ritual cannibalism. Most of us would find this morally objectionable. Indeed, the very word "cannibalism" comes from the from "Caníbalis", the Spanish name for the Carib people. I just want to illustrate that some old traditions would do well to be re-evaluated in the modern context. In the year 2010, the consumption of critically endangered sea turtles should be one of them.
We don’t need
We don’t need Caymanian stalwarts maintaining the “Cayman versus ex-pat” status quo; we need forward thinking Caymanians and ex-pats to step up and use Cayman’s diverse population to more effectively educate and motivate children – in and out of school – so they don’t end up stupid.
Crocodile MEAT =
Crocodile MEAT = $20/lb...
Why should anyone expect turtle meat - that is even much rarer than crocodile meat - to be any cheaper?...
Crocodiles are farmed in many countries, turtles, only in Cayman!...
http://brentwoodtradinggroup.com/crocodilemeat.html
After Caymanians have contributed so heavily to the mindless wiping out of the wild turtle stocks, how can anyone complain when turtle meat is still available, albeit at exotic prices?...
There is no covenant that guarantees Caymanians cheap turtle meat, so GROW UP, you complainers and eat FRESH FISH for $5.00 per pound bought at the seafront, a real bargain in today's world and a very healthy food compared to the flesh of pellet fed turtles in stressful captivity...
I can't understand why it took so long to raise prices that were so low for so long: in fact turtle meat is so exotic that it should sell for far more than the newly raised prices, say at least US$50.00/lb...
Not that this will ever fix the ~CI$ 9 million yearly losses at Boatswain's Beach or the cumulative ~CI$80 million spent so stupidly, between capital cost, interests and losses since inception...
hey you idiot Caymanians..if
hey you idiot Caymanians..if you even took Economics you would kno that as prices go up the quantity supplied also increases. So this will actually benefit you idiots
This post must be satirical
This post must be satirical because no-one can really be this stupid.
No, dimwit. It all depends
No, dimwit. It all depends upon price elasticity of demand. We can be absolutely sure that at these prices demand will substantially decrease and if there is less demand there must be correspondingly less supply. But perhaps that is Tim's real point. He wants to replenish the turtle stock at the Turtle Farm so he greatly increases price. However, this is not good news for turtles since poaching from the wild turtle population will now be much more likely.
hey dimwit there are no
hey dimwit there are no substitute goods for turtle meat..u even said so urself..idiot
The interaction of price
The interaction of price elasticity in a monopoly is fascinating. Given that turtle meat is not a necessity and there are substitute goods (i.e. other metas), I suspect that an increase in price will have a significant impact upon demand, particularly because wealthier members of society tend to have a more negative view about the propriety of eaten turtle meat.
So what you are saying is
So what you are saying is that Caymanians will readily turn to crime in order to satiate their need for turtle meat. Great. And I thought this "nation" was founded on Christian principles!
Why do you have to turn the
Why do you have to turn the issue into a platform for your 'I despise Caymanians' attitude? Obviously in every society there are lawbreakers. There are poachers everywhere. I am simply being realistic.
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