Salmon prices see drop this year

Lower prices in the market are souring what’s predicted to be another large salmon run.

“In general, a lot of prices for species are down,” said Andy Wink, Senior Seafood Analyst with the Juneau-based McDowell Group, “especially sockeye and chum.”

Prices have dropped $0.05, $0.10 and more than $0.50 in some cases.

Wink and local processors pointed to two big factors: currency and supply.

The pink salmon market, for example, is “gearing up for a huge harvest,” Wink noted, and the wholesale will be dictated by how big the run is. There’s still a “fair amount” left over from the 2013 and 2014 sea...

 

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