Welch: Salmon permit prices up

Alaska salmon permits in many fisheries have tripled in value since 2002, and the upward trend continues.

An overview of April listings by four brokers shows that Bristol Bay driftnet permits are valued at nearly $134,000 by the state, and listed for sale at $150,000 to $170,000. That compares to $90,000 this past January.

At Southeast Alaska, seine permits are the priciest in the state at over $300,000. That’s an increase of $50,000 since January.

The asking price for Prince William Sound seine cards exceeds $200,000 compared to the $140,000 range a year ago. After being stalled in the mid $30,000 range for years, Kodiak seine permits are showing a steady uptick, now listing at $55,000 to over $80,000.

Looking at Individual Fishing Quotas, halibut shares have hit a $50 asking price at Southeast Alaska, the only place where halibut catches have increased in the past two years.

For the Central Gulf, the asking prices for halibut IFQs range from $28 to $42 a pound and $16 to $20 in the Western Gulf. That’s an increase of about $6 in both Gulf regions since January.

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