More changes coming to Turtle Farm
The price of turtle meat and other
turtle food products will triple as of Monday.
The announcement came Friday
afternoon in a press release issued on behalf of the Boatswain’s Beach/Cayman
Turtle Farm Board of Directors and new Managing Director Tim Adam.
“The sale of turtle meat to restaurants and the general public has always
been a very important function of the Cayman Turtle Farm,” the press release
stated. “But, according to the new management
and board, the price that was being charged for this commodity was far below
the cost to produce it, and the facility was constantly losing money on that portion
of the business.
“As a result,
Mr. Adam says the business now needs to raise the selling price on turtle meat
to reflect the true cost of production and maintenance of the turtle meat
products and the Cayman Turtle Farm facilities.”
The price of
the turtle stew meat sold at the Turtle Farm will rise from CI$5.40 per pound
to CI$16 per pound. The price of the turtle steak will rise from
CI$9 per pound to CI$27 per pound. The price of the turtle menavelin will rise
from CI$4 per pound to CI$12 per pound, and the price of the turtle bone will
rise from CI$2 per pound to that of CI$6 per pound.
Mr. Adam said
that one of his first priorities after taking the managing director positon was
to begin a process of closely examining every aspect of the Turtle Farm’s
operations to determine if they were being run efficiently and were commercially
“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,” he said. “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
statement said the Turtle Farm Board of Directors recognized the cultural
significance of turtle meat in the Cayman Islands
and were committed to doing what it took to ensure the long-term sustainability
of the Cayman Turtle Farm and the availability of turtle products.
demonstrating their determination by implementing this increase in the turtle
meat’s selling price,” the press release stated.
Boatswain’s Beach/Cayman Turtle
Farm Marketing Manager Calicia Burke
noted that turtle meat was one of the rarest forms of food in the world.
avoids the need for any green sea turtles to be taken from the wild by the
general public,” she said. “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.”
the Board Ken Hydes confirmed that more changes would be coming.
coming weeks and months we will be making many difficult decisions about the
operations at Boatswains
Beach and the Turtle
Farm,” he said. “I can assure the public
that these decisions are being made with the long-term best interest of the
shareholders, the Caymanian people.
Read much more
on this story in Monday’s print and on-line editions of the Caymanian Compass.