Farmed fish price drop could shake things up
A resurgence of farmed fish and shifting world currencies could shake up salmon markets this year.
“There are two trends going into the current salmon season that we haven’t seen for several years,” said Gunnar Knapp, a fisheries economist at the University of Alaska at Anchorage.
“Exchange rates look to be weaker, not stronger, and perhaps more importantly, farmed salmon prices, rather than rising or holding steady, have fallen significantly. So we will be selling into a market where there is a lot more competing product available at a lot cheaper price.”
There has been a huge r...