Fish Factor: How 50¢ a pound for reds turns into over $10 for customers

 

March 24, 2016



If a fisherman gets 50-cents a pound for his reds, how can the fish fetch $10, $15 or more at retail counters?

“It’s all the other stuff that happens after he sells the fish. A lot of costs, margins and profits are included in that retail price,” said Andy Wink, a Fisheries Economist with the McDowell Group in Juneau.

It’s an ‘apples and oranges’ comparison when it comes to using weights paid for the raw goods and the end product. A lot of weight is lost going from a whole fish, which fishermen are paid on, to a fillet at retail counters.

“Most sockeye fillets amount to 40 to...



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