Seafood producers were hoping U.S. consumers would have cheaper salmon this year, but that doesn’t seem to be the case.
The $8.99 per pound of Alaska sockeye the U.S. consumer pays at a minimum in Anchorage isn’t making its way back down the chain to the fishermen, whose overall pay has been slashed in half by a cyclone of every possible negative market pressure and a marketing campaign that keeps prices high and attracts fraudsters.
Bristol Bay produces the world’s largest natural sockeye run and the most valuable fishery in Alaska state waters, but after one of the largest harvests on record with 37 million salmon, Alaska fishermen experienced a severe shortfall on the 2015 season price.
The voluntary 0.5 percent tax processors pay to the Alaska Seafood Marketing Institute, representing roughly half its operating budget, funds a marketing campaign almost too successful for its own good.
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