Alaska Fish Factor: Processors boost prices paid for sockeye salmon

Strong global and U.S. demand for sockeye salmon has 2021 pushed prices to near record highs and boosted fishermen’s paychecks.

Both Silver Bay and Peter Pan Seafoods a few weeks ago increased their base prices to fishermen to $1.45 per pound, a 20-cent increase from the summer. Other Alaska companies are likely to follow suit. That compares to a final price in 2020 of just $1.06

“Obviously, the base price is announced earlier in the season. Now that we can see where sales are going and really have a confident look, we’re excited to celebrate that with our fleet,” Abby Frederick, a spokesperso...


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