Positive trends highlighted in fall sockeye market analysis

Bristol Bay’s commercial fishing industry had a smashing good season in 2017. The massive forecast for next year has stirred a lot of excitement, and drift permit prices are up around $140,000. Now an annual analysis of the sockeye market suggests wholesale and retail prices are up, worldwide supply is down, and farmed salmon producers are still struggling to rebound. Only the prospect of Pebble Mine filing for permits has seemed to dampen the mood of Bristol Bay fishermen this fall. Andy Wink, a senior seafood industry analyst at the McDowell Group, authored the “2017 Sockeye Market Analysis” for the Bristol Bay Regional Seafood Development Association. click here to read the story 08:18