Permit values plummet for Alaska salmon

Fire sale salmon prices last year and a dim outlook ahead have pushed down the value of fishing permits. A lot of people had disastrous salmon seasons last year, whether it was drift gillnet, permits or seine permits have all declined across the board fairly dramatically. Doug Bowen runs Alaska Boats and Permits in Homer. At Alaska’s bellwether fishery at Bristol Bay drift gillnet permits have dropped into the $90,000 range down from $175,000 last spring. And that may have been the bottom, they seem to have come up a bit – firming up at around $97-$98,000 is where they are today. Audio, Read the rest here 18:58

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