Monday, May 8, 2023

Bristol Bay inventory relief?

The U.S. Department of Agriculture has approved a purchase of up to $67.5 million in canned sockeye and sockeye fillets, Alaska's congressional delegation reports.

This appears to be a life ring to the Bristol Bay salmon industry, which reportedly is still working to sell off last year's gargantuan sockeye catch.

1 comment:

  1. Here's an Alaska Seafood Marketing Institute press release:

    https://www.alaskaseafood.org/news/for-release-usda-approves-major-anticipated-purchases-of-alaska-sockeye-salmon/

    "This will be a boon for Bristol Bay and other communities immersed in sockeye fishing and processing. The purchases will relieve some of the pressure from the current large inventories of canned and frozen products as harvesters and processors move into the upcoming 2023 summer harvest season," ASMI says.

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