News

U.S. wild sockeye salmon fishing season begins, prices up from last year

Published May 21, 2024

Tridge summary

The article reports on the current fish market situation in Alaska, with a focus on the price and availability of sockeye and Chinook salmon. It highlights a significant increase in the purchase prices for these fish this year, compared to the previous year and the average dock price from the Alaska Department of Fish and Game. The article also notes a decrease in the export of frozen sockeye salmon in the first quarter of 2024, particularly to Japan, and a drop in the price of head-and-gut sockeye salmon last year. Additionally, it mentions the marketing of wild salmon by US retailers and the increased catch numbers for the Copper River area.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Several major Alaska processing companies confirmed to UCN that the purchase price of Bristol Bay fresh sockeye salmon is $1.10/lb, and the price of unfrozen sockeye salmon is $0.80/lb, which is significantly higher than last year. In contrast, the 2023 Bristol Bay sockeye salmon quotation was delayed until mid-July, and the average dock price was only $0.52/lb (source: Alaska Department of Fish and Game), the lowest level in nearly a decade. According to estimates by the Alaska Department of Fish and Game, the number of wild sockeye salmon in the Copper River area of Prince William Sound this year has increased compared to last year, with the catch of more than 2 million, and the number of Chinook salmon (king salmon) is about 47,000. Traditionally, Copper River is the first commercial fishing area in Alaska, and last year the prices of sockeye salmon and king salmon were the highest in the state. Last year, the production of sockeye salmon in Prince William Sound was 1.9 ...
Source: Foodmate
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