Don’t expect price jump for Alaska red salmon this year

Early signs point to continuing headwinds in world markets for Alaska salmon. Let’s count the troubling signs: • Global currencies remain in disarray • The ongoing Russian seafood embargo diverts more farmed salmon to the U.S. • Tons of product remains in freezers from back-to-back bumper sockeye runs. (Most of Alaska’s salmon goes to market frozen or headed and gutted. One plus: Aggressive market promotions have kept reds moving briskly at retail outlets at home and abroad, removing some of the backlog. Read the rest here 16:12