Chum Prices Collapse in Southeast Alaska As Processors See Global Market Flood From Russia
Last Saturday Trident Seafoods sent a letter to their fleet dropping the price of chum salmon from $.50/lb to $.20/lb, effective Sunday, August 6, 2023.
Calling the global salmon market “volatile” and future indicators “more concerning”, Trident gave a short history of this season’s markets.
“Spring of 2023 brought a sharp decrease in wholesale prices across all species and continues to drop as the weeks progress. Bristol Bay served as early confirmation of this unprecedented decline,” Trident’s CEO Joe Bundrant wrote ...
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