Cayman Turtle Farm located in Grand Cayman in the northwest Caribbean Sea is the first farm to have achieved the second generation of green sea turtles bred, laid, hatched, and raised in captivity. Since its beginning in 1968, the farm has released over 31,000 turtles into the wild, and each year more captive-bred turtles are released into the Caribbean Sea from beaches around the island of Grand Cayman. Captive-bred turtles released from the farm as hatchlings or yearlings with "living tags," have now begun to return to nest on Grand Cayman as adults. On February 19, 2012 the farm released the first 2nd-generation captive-bred green sea turtle equipped with a Position Tracking Transponder, or PTT (also known as a satellite tag). In addition, the farm provides turtle meat products to the local population for whom turtle has been part of the traditional cuisine for centuries. In so doing, the farm curtails the incentive to take turtles from the wild, which over the years in addition to the Cayman Turtle Farm's release of captive-bred turtles has enabled an increase in the number of turtles sighted in the waters around the island of Grand Cayman and nesting on its beaches.