Petersburg Pilot -

Fish Factor

Fish prices slip as operating costs skyrocket


Alaska fishermen are feeling the squeeze of lower prices at the same time that their operating costs continue to spiral upwards.

For halibut, in a reversal of trend and fortune, prices have dropped by 70 cents a pound in recent weeks. Dock prices usually peak from September until the halibut fishery closes in November, but that is not the case this year -- overstocked freezers and resistance from buyers have put a downward press on fish prices.

“Buyers simply aren’t buying,” said several Alaska fish processors. Prior to the start of the season in March, processors believed carryover...

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