Tag Archives: Wholesale Prices
Homer halibut fishermen facing more competition from the East Coast
The International Halibut Commission, or the IPHC, will kick off its annual meeting in Portland Monday. The international regulatory body is expected to slash the total allowable catch of halibut on the West Coast by 24 percent due to declining stocks. With potentially less Pacific halibut on the market, prices are likely to increase, but a new direct competitor on the East Coast may hamper the market’s ability to compensate for lower halibut stocks in Alaska. >click here to read< 16:33
On Strike!! West Coast Dungeness crab fleet remains tied up, Vow to Continue Fight for $3 Per Pound Wholesale Prices
From the Humboldt Fishermen’s Marketing Association: As of 10:00 AM January 2, 2017 the West Coast Dungeness crab fleet remains tied up. Nearly 1200 boats, captains and crews are holding coast wide for re-establishment of the $3.00/pound price for Dungeness Crabs. Background On Monday, December 26, 2016, one very large West Coast fishing industry conglomerate (Pacific Group) instructed its subsidiary Pacific Choice Seafood in Eureka, California to reduce the price paid to fishermen for Dungeness crabs from $3.00 per pound to $2.75 per pound. This attempt to lower the ex-vessel price for crabs was scheduled to take place upon the opening of District 7 (Point Arena to Humboldt Bay) on California’s Northern Coast. Many fishermen believed that Pacific Group picked what was perceived as the weak link in West Coast fishing communities as a way of causing cascading price reductions in all West Coast ports that are fishing crabs north of San Francisco. Other companies buying Dungeness crabs were taken by surprise by Pacific Group’s move to reduce prices paid to fishermen. Read the rest of the story here 18:51
