Alaska’s losing battle

Bristol Bay – Alaska’s highest profile salmon fishery – had a banner year, and yet everywhere in the global market Alaska salmon fisheries look to be in more and more trouble over the long-term. A $2 to $3 dollar per pound commodity in the 1980s ($4 to $6 when corrected for inflation)Bristol Bay sockeye is today a $1 per pound commodity, and there is no sign the pricing is going to get much better. It could actually get worse. Chilean farmed salmon production is again on the rise and production costs in South America are falling. “AquaChile lowered costs by 13 percent in the first quarter of 2017, in line with other competitors,” Reuters reported from Santiago in mid-July.,,, Why does it matter? click here to read the story 19:54

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