The Winding Glass: What’s Going Right with Pollock
The single largest American fishery by volume, Alaska pollock, is having a banner year. And it is no accident.
The pollock industry is one of the most efficient producers of protein on the planet, yet three years ago the industry was in crisis. Pollock prices were at their lowest level since 2005; there were huge inventories of product in Europe largely due to the discount wars on pollock initiated as Pacific Andes struggled, and Russian competitors were ramping up to produce single frozen fillets to compete with the US.
Today the US industry is seeing significantly higher prices, which are still rising. Production is stable, between 1.3 and 1.4 million tons, and despite the trade war, Chinese processed pollock has been exempted.
This turn around did not happen by accident...
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