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3-Minute Market Insight

EP 596 | AIRED 07/04/2022

Alaska Groundfish Update: Pollock, Pacific Cod, Sole, Ocean Perch; 2.23 Million MT Remains to be Harvested

July 4th, 2022 This week we provide an Alaska Groundfish harvest update on how much fish remains to be harvested from four of the highest harvesting Alaska groundfish fisheries, also while the Pollock fishery picked back up again with the start of its “B” season.

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Starting with Alaska’s largest groundfish fishery - Pollock.

Alaska’s Pollock harvest had slowed down towards the end of April as the Pollock “A” season came to a close (to give the fish some time to recover from the spawning season, to feed, and to put on flesh weight), but the fishery reopened June 10th as the “B” season where over 50,000 metric tonnes of New Season Alaskan Pollock has been registered since then.

In recent years, Alaska fishermen have always harvested between 95 to 98 percent of the Pollock Total Allowable Catch, and with current harvest totals at just over 600,000 metric tonnes, this leaves about 600 to 630,000 metric tonnes remaining to be harvested out of the 1.27 million metric tonne TAC which was lowered from a 2021 TAC of 1.5 million.

Alaska Groundfish Update: Pollock, Pacific Cod, Sole, Ocean Perch; 2.23 Million MT Remains to be Harvested

The second highest harvesting groundfish fishery in Alaska often alternates between Pacific Cod and the Sole fisheries.

For Pacific Cod, the “A” season runs from January to August, then the “B” season September to December, however the pace of the harvest does seem to move parallel with the closures and reopenings of the Pollock seasons.

In recent years, Alaska fishermen have always harvested between 91 to 99 percent of the Pacific Cod Total Allowable Catch, and with current harvest totals at just over 100,000 metric tonnes, this leaves about 55 to 69,000 metric tonnes remaining to be harvested out of the 170,000 metric tonne TAC which was increased from a 2021 TAC of 142,000.

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For Sole, Flathead, Rock, Yellowfin, and Rex are the 4 main species of Sole harvested in Alaska and based on historical catch data, a range of between 18,000 to 58,000 metric tonnes of Sole remains to be harvested this year resulting in a total harvest of between 135 to 175,000 metric tonnes.

And last but not least, the fourth highest harvesting groundfish fishery in Alaska is Pacific Ocean Perch.

In recent years, Alaskan Fishermen have consistently harvested over 60,000 metric tonnes of POP and with current harvest totals at about 20,000 - leaving about 40,000 metric tonnes of Pacific Ocean Perch remaining to be harvested out of Alaska this year.

Alaska Groundfish Update: Pollock, Pacific Cod, Sole, Ocean Perch; 2.23 Million MT Remains to be Harvested

Our recommendation this week is to put a spotlight on a Caught in America, Processed in America, and Sold in America sourcing and sales strategy as supply chain uncertainties between China, Russia, and the EU continue to unfold, meanwhile this year’s Alaska Sockeye harvest is set to hit an all time high, and 60 percent of Alaska’s combined groundfish Total Allowable Catch of 2.23 million metrics tonnes remains to be harvested.

Contact your Tradex Foods representative today to hear of some incredible sourcing opportunities.

CHECK OUT OUR #WhatsGood CAMPAIGN Which Seeks To Spotlight Something “Good” Happening In The Seafood World As Opposed To Unfortunate News. #SeaTheGood #WhatsGood


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