Tag Archives: 50 cents per pound
Bristol Bay fishermen protest processors’ low sockeye market price — 50 cents per pound
Some Bristol Bay fishermen are furious over the 50 cent per pound market price for sockeye salmon that Bristol Bay processors are hitting them with. Now the fishermen are protesting over a market price they received 40 years ago — a price some fisherman said could force the industry into a downward spiral, and that action needs to be taken. On Thursday morning more than 60 fishing vessels lined the Naknek River in solidarity. Protest spokesperson Cheyne Blough said the protest was announced on Facebook when the processors declared the base price earlier this week. Blough said the 50 cent per pound market price isn’t enough for fishermen to recover their costs, and could put some out of business. Video, >click to read< 07:45
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
