Tag Archives: Greg Smith

Economists unsure of how long huge salmon influxes will affect prices

August 26, 2023   North Pacific

Kodiak fisherman Mike Friccero has fished for salmon for over four decades. He said he was expecting a low price for Bristol Bay salmon this summer but didn’t think rumors were true about how low it would drop. “Our processor gave us a letter, a narrative before the season started, saying that pricing conditions weren’t great but that they were going to go after it with all the resources that they utilized last year as far as tendering and logistics and resources in general,” he said. “And they asked if we would do the same.” Friccero said with lower salmon prices, he’s able to keep a decent paycheck but will have to be wary of his budget for next year. He said he hopes market conditions improve over the winter. >click to read< 11:27

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Southeast Dungeness fishery opens to low prices

June 23, 2023   North Pacific

Two days before crabbing started, Petersburg fisherman Paul Menish was in the cabin of his boat, the “Hi Nikki,” speculating on crab prices. “Sounds like prices aren’t going to be as low as we were quoted three weeks ago,” said Menish. “Now, it’s just rumors, but that the prices will be for Dungeness, will be in north at two dollars. Which isn’t a good price but better than three weeks ago.” It turns out Menish was right.  When he sold his first load to OBI Seafoods in Petersburg, he said he got $2.10 a pound. That’s fifty cents lower than the starting price last summer. >click to read< 10:15

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Celebrating 100 years of canning salmon

September 23, 2019   Canada

Greg Smith’s father always told him one thing: Whatever you do, don’t get into the fishing industry. Like any self-respecting teenager, Smith didn’t listen. He grew up slinging salmon alongside his father, who worked in fisheries up and down the west coast, and his grandfather, who ran the Kildonan fish processing plant. Now vice-president of business development for Gold Seal, a B.C. brand celebrating its 100th anniversary, Smith vividly remembers his youth working “the slime line” in B.C.’s canneries. >click to read<  09:56

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