Market conditions continue to pressure seafood processors and fishermen

June 23, 2024 International, International News, National, North Pacific

Consumers think of seafood as a premium purchase, which is not a good image when household budgets are tight and shoppers are worried about inflation. “The problem is not the fish,” said Jeremy Woodrow, executive director of the Alaska Seafood Marketing Institue. “The challenge is in the global marketplace.” Woodrow in February called the 2023 market for Alaska salmon “rock bottom” with low prices and weak demand, though maybe the industry was coming off that rocky bottom, he said then. Still, the pain is not gone. “A lot of buyers are barely holding on,” Woodrow said. “Our processors lost a lot of money the past year or two.” more, >>CLICK TO READ<< 09:40

Alaska, Alaska salmon., Alaska Seafood Marketing Institue, Consumers, Jeremy Woodrow, pain is not gone, tight household budgets, U.S. sanctions of Russian seafood

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The New England groundfish debacle (Part III): who or what is at fault? Nils E. Stolpe/FishNet

It took me a while to decide how to most accurately describe the situation that has been visited upon the New England fishing communities that are and since colonial times have been dependent on the groundfish fisheries.

NILS STOLPE: The New England groundfish debacle (Part IV): Is cutting back harvest really the answer?

While it’s a fact that’s hardly ever acknowledged, the assumption in fisheries management is that if the population of a stock of fish isn’t at some arbitrary level, it’s because of too much fishing. Hence the term “overfished.” Hence the mandated knee jerk reaction of the fisheries managers to not enough fish; cut back on fishing. What of other factors? They don’t count. It’s all about fishing, because fishing is all that the managers can control; it’s their Maslow’s Hammer. When it comes to the oceans it seems as if it’s about all that the industry connected mega-foundations that support the anti-fishing ENGOs with hundreds of millions of dollars a year in “donations” are interested in controlling. Read the article here

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