Welch: Price of salmon permits soars

The value of Alaska salmon permits are soaring in many fisheries. At Bristol Bay, drift gillnet permits are being offered for $140,000, compared to $90,000 at the same time last year.
 
A scan of listings by four brokers shows that Prince William Sound seine cards are more than $200,000; they were about $140,000 a year ago. Sound driftnet permits also are selling at more than $200,000.
 
Cook Inlet drift permits are being offered at $85,000 or higher, which is $10,000 more than a year ago. Cook Inlet seine cards are listed for $65,000, and setnets at $16,000.
 
Southeast Alaska seine permits are the priciest at $320,000, up from $250,000 last January. Kodiak seine values continued an upward creep to $50,000, compared to $36,000 on average.
 
Chignik permits are listed around $225,000.
 
At Area M on the Alaska Peninsula, drift cards were $90,000 and seine cards $65,000, which is down slightly.
 
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