Bristol Bay Sockeye Prices in 2021
/Intrafish has unlocked a story about ex-vessel prices for Bristol Bay sockeye salmon. Several processing companies have announced base prices of $1.25/lb. Click on the link to read the whole story. BBRSDA’s Executive Director Andy Wink contributed to the article:
"With high demand for both wild and farmed salmon, we're not surprised to see ex-vessel prices increase a lot over last year," he told IntraFish. "Last year was really a 'black swan' type of event, but in the couple years prior to the pandemic the base ex-vessel price for Bristol Bay sockeye was $1.26-$1.35/pound."
Wink even predicts the market conditions for Bristol Bay sockeye could exceed those seen in 2018 and 2019, when the final and average prices ranged from $1.54 (€1.30) to $1.60 (€1.36) per pound.
"Ex-vessel prices for Bristol Bay sockeye usually aren't finalized until payments are settled up in the following spring," he said. "The base price is just part of the final price, which also includes quality bonuses and (often) profit sharing."