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EP 599 | AIRED 07/25/2022
July 25th, 2022--- Well according to a B.C. Salmon veteran - this year’s commercial Salmon harvest out of British Columbia Canada will be well over 1 million fish.
Although this may seem like a drop in a bucket (especially) when compared to Bristol Bay’s record smashing Sockeye harvest, Wild Pacific Salmon stocks in B.C. are still at risk of completely dying off.
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The Central Coast Summer Chum fishery will be closed again this year.
Fall Chum Salmon is still a big question mark at the moment however this Salmon veteran is getting more bullish on the possibility of some fall Chum Salmon.
For Coho, (although it’s still too early to say with confidence), there is evidence of good wild and hatchery Coho returns.
There will be limited Chinook troll fisheries in the north, reaching maybe 30-40 thousand fish.
Our Recommendation for buyers continues to be “Wait and Hold”.
In fact, the huge harvest out of Bristol Bay may even depress B.C.’s Sockeye market.
The market is still trying to find itself on Sockeye pricing but it does appear to be a buyer’s market.