Written by Jen Finn
Absent from supermarket flyers this spring have been ads featuring the year's first fresh halibut, reflecting the anticipated pushback by buyers to the high-priced fish. "No excitement this year," said more than one major buyer.
In recent years, dwindling supplies of halibut helped push up dock prices to more than $7 a pound at major ports, and halibut fillets topped $20 a pound at retail. That's not the case this year.
The fishery opened March 23. The prices for first deliveries at Kodiak were reported at $5.25 to $5.75 a pound, with a 20-pound split, then after the first week, prices dropped to $4.50 to $4.75 a pound. Southeast's first halibut prices were reported at $5.25 to $5.50, also well below last year.
Lots of halibut is in the freezers and "everyone is holding fish," said a Southeast processor. "We're still not moving a lot of fish even at the lower prices, so it's a wait-and-see situation."
At 10th & M Seafoods in Anchorage, there was "not a lot of enthusiasm" for the season's first halibut, which was fetching $10.95 a pound for H&G (headed and gutted) and $17.95 for fillets. "We're selling lots more cod fish," said owner Rob Winfrey.
Lots of buyers are also holding onto pricey sablefish (black cod), and those prices also took a 40 percent dive at the start of the season. Starting prices in Southeast ranged from about $5 to $3 a pound the first week, compared to $8 to $4 a pound last year. Most of Alaska's sablefish goes to Japan, where the value of the yen is down 20 percent.
Read the full story at the Anchorage Daily News>>
National Fisherman Live: 3/10/15
In this episode, Online Editor Leslie Taylor talks with Mike McLouglin, vice president of Dunlop Industrial and Protective Footwear.
National Fisherman Live: 2/24/15
In this episode:
March date set for disaster aid dispersal
Oregon LNG project could disrupt fishing
NOAA tweaks gear marking requirement
N.C. launches first commercial/recreational dock
Spiny lobster traps limits not well received
Alaska Gov. Bill Walker is required by state statute to appoint someone to the Board of Fisheries by today, Tuesday, May 19. However, his efforts to fill the seat have gone unfulfilled since he took office in January. The seven-member board serves as an in-state fishery management council for fisheries in state waters.
The resignation of Walker’s director of Boards and Commissions, Karen Gillis, fanned the flames of controversy late last week.
Keith Decker, president and COO of High Liner Foods, will take over for the outgoing CEO, Harry Demone, who will assume the role as chairman of the board of directors. The Lunenburg, Nova Scotia-based seafood supplier boasts sales in excess of $310 million (American) for the first quarter of the year.Read more...