Monday, July 16, 2012

Bristol Bay price update

The Alaska Independent Fishermen's Marketing Association reports that Trident Seafoods also is paying $1 a pound for Bristol Bay sockeye, matching rival processors Ocean Beauty and Yardarm Knot.

Also, a Bristol Bay gillnetter tells Deckboss another processor, Alaska General Seafoods, likewise is paying $1.

9 comments:

Anonymous said...

Occupy Bristol Bay. Harvesters are getting ripped off - $1 a pound. Cheap.

If fishing is all one has then you gotta do what you gotta do. Work your butt off for a month while someone else reaps millions from your sweat. The processors have too much control.

Dollar a pound
All around
Price fixing
In the mixing
Dollar a pound
All around

Anonymous said...

That's right. Because owning and operating a multi-million dollar facility 5 weeks out of the is full of profits? Wake up boys. Salmon does not make money for the processors. It is busy time and a big dollar game, but it is revenue neutral for the processors.
Pollock, cod, crab, sablefish, halibut all have margins. Salmon does not.

Anonymous said...

Guess they got to change how they process salmon before it becomes a money losing business venture like up here in the Norton Sound. Poor quality Pink Salmon for the over flooded market doesn't make much sense to me.

Anonymous said...

@5:36am you are totally mistaking! Halibut and Sable fish making the processor money.. That's where they trade dollar for dollar. It has been in salmon.

Anonymous said...

Well id say processers like trident are for sure making a huge profit! If they weren't they wouldn't be here and paying a dollar and turning it around for 8 or 9 a pound would be alright if they had any real expenses, but paying there works very poorly and charging the harvesters fees for every little thing, keeps there expenses down

Anonymous said...

Maybe the losses from salmon processing gives them a tax break while they profit from pollock which is killing off the salmon as bycatch.

Processors have too much control. Salmon fishers are the modern day cotton pickers.

Anonymous said...

Don't know nothin

Pink and chim margins are 35%

Halibut black cod are single digits

Anonymous said...

"Don't know nothin" is a problem with some of our managers in our state. Sad state of affairs. Rich state, poor managers, equals lots of potholes to fill when the general population finally realizes that going with the flow causes unfixable hardships.

Case in study: The Alaska Wild Salmon Crisis.

Anonymous said...

Explain the math, if salmon
revenue is neutral why did
"North Pacific" pay some
40mil for "Red Salmon"??
To make more neutral ?