Alaska Fish Factor: Stall in Salmon Catch Shares

Catch share crunch – It will cost a fisherman more than that to get his hands on 100,000 pounds of halibut in prime Alaska fishing regions.  Not surprisingly, that side of the broker business is slow and there’s not much to sell, especially for halibut where catches have been slashed by 70% over three years and more cuts are coming.  Read more

One Response to Alaska Fish Factor: Stall in Salmon Catch Shares

  1. Joel Hovanesian says:

    “We sold a small 3,000 pound block in 2C for $45 a pound, again with the anticipation that the area has bottomed out and is heading back up,” Bowen said. We’ll see.” Shares of sablefish, or black cod, also are pricey, ranging from $28 to $34 in the Central Gulf and Southeast. Some brokers list Bering Sea sablefish at $2 – $3 per pound.

    As we always say. It all comes out of the hatch. Translation, all the costs associated with the harvest get taken out before anyone shares up. At $45 per pound what will be left to share up on and who will be able to afford to eat this stuff?

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