Seafood

Published on: December 3, 2024

Alaska Salmon Fishery 2024 Reports Sharp Declines in Catch and Value

Alaska’s commercial salmon fishery experienced significant setbacks in 2024, with double-digit declines in both catch numbers and market value. According to preliminary figures released by the Alaska Department of Fish and Game (ADF&G), just over 101 million salmon were harvested across the state. This represents a 56% decrease compared to the more than 232 million salmon caught in 2023, marking one of the most dramatic year-over-year declines in recent history.

The decline in harvest volumes has been accompanied by a sharp drop in the fishery’s overall value. Fishermen collectively earned $304 million in 2024, down nearly 24% from the $398 million recorded in 2023. These figures underscore the economic challenges faced by Alaska’s fishing communities, many of which are heavily reliant on the health of the state’s salmon industry.

“Market conditions significantly impacted the pricing of salmon statewide and, consequently, the value of the harvest,” ADF&G noted in its summary.

Published on: February 27, 2024

USDA to Purchase Millions of Pounds of Alaska Seafood

by Joseph Stacey

AlaskaSeafood-300x157 On Tuesday February 14^th, 2024, the Alaska Seafood Marketing Institute (ASMI) announced that the U.S. Department of Agriculture (USDA) will make a significant purchase of Alaska salmon and pollock in support of food and nutrition initiatives.

The ASMI stated that the purchase of seafood aims to support people experiencing food insecurity as well as school lunch programs. These purchases are being made possible through Section 32 of the Agricultural Adjustment Act of 1935. This program assists U.S. agricultural food markets by purchasing commodities to relieve market surpluses, which in turn stabilizes agricultural income and prices.

“USDA’s Section 32 purchase announcement is great news for Alaska—almost $100 million of Alaskan seafood for people experiencing food insecurity. This purchase won’t just bolster Alaska’s seafood industry and support our coastal communities, but will help bring the highest-quality and healthiest seafood products in the world to families in need. I am grateful for the USDA’s investment in our fishermen and the health of Americans,” said Sen. Murkowski.

Published on: January 2, 2024

Ocean Beauty Seafoods reveals plan to sell distribution business

by Nigel Stacey

In an official statement, Ocean Beauty Seafoods revealed that distribution operations, with facilities located in Astoria and Portland, Oregon; Boise, Idaho; Dallas, Texas; Helena, Montana; Renton, Washington; and Salt Lake City, Utah, are currently for sale.

The company further stated that the sale aligns with the “long-term business strategy” of Bristol Bay Economic Corporation as well as the three individual investors who have held ownership since the mid-1990s. They report that they are diversifying into alternative investments.

“The owners feel that this is a good time to explore selling the distribution operation due to its strong performance in recent years,” Ocean Beauty Distribution President and COO Mike Coulston said.

Published on: December 7, 2021

Thank a Fisher Today

by Joseph Stacey

People all over the world have a longstanding tradition of feasting on seafood during winter holidays. Crab, salmon, lobster, oysters, shrimp, cod, carp, and lutefisk all have a place at the holiday table. It is important to remember that a courageous and hardworking man or woman braved the hazardous waters of the oceans and seas to bring that delicacy to your table. Whether you celebrate Chinese New Year, feast on Scandinavian inspired lutefisk, or enjoy the Feast of the Seven Fishes, the tradition of seafood during the holidays deserves a special thank you.

The celebration of the Chinese New Year always features fresh fish, a symbol of surplus and wealth. Linguists believe this is because the Chinese word for “fish” (yú) has the same pronunciation as the Chinese word for “abundance” or “extra.” Serving a whole fish at the end of a Chinese New Year meal with head and tail intact, carries the added symbolism of a good beginning and ending to the new year.

In Scandinavian homes, lutefisk, cod cakes, and oyster stew were old world foods brought to the Midwest by new immigrants. Lutefisk (cod that has been preserved in lye then rinsed well before cooking) is served during holidays as a way of remembering the poverty of the past. According to Hasia Diner, a professor of immigration history at New York University, consuming lutefisk is a way of honoring previous generations, those who came to this country looking for prosperity, opportunity, and a better life.