Record salmon season good for permit brokers

Alaska’s record salmon season has permit brokers hopping as buyers seek to break into or expand their opportunities in many fisheries.

Notably, brokers say there is “a lot of great buzz” at Bristol Bay, despite a lackluster sockeye fishery that saw the bulk of the red run come and go eight days early.

“Prior to the season the drift permits went for under $100,000, but we just sold one for $125, 000,” said Doug Bowen of Alaska Boats and Permits in Homer. Most of the bump is due to optimism about the sockeye base price of $1.50/lb, a $.50 increase from last year.

Data from the state Commercial F...