Bristol Bay bust – Bristol Bay salmon prices hit rock bottom

Prices paid commercial fishermen for their catches of wild, Bristol Bay sockeye salmon have just set a modern record low of 50 cents per pound. That’s only three cents per pound less than the average price paid for a Southeast Alaska pink salmon – or humpy as Alaskans usually call the smallest and blandest tasting of the Pacific – in 2018, according to Alaska Department of Fish and Game data. With a correction for inflation, that old humpy would now be worth 8 cents more per pound than a Bristol Bay sockeye. The last time the Bay saw anything like this was more than two decades ago when the sockeye price hit 42 cents per pound. Once inflation adjusted, however, those fish had a value of 70 cents per pound – 20 cents more than what Trident Seafoods and other processors are now offering. >click to read< 07:53

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