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EP 644 | AIRED 06/12/2023
June 12th, 2023 - Here is your Chinook Salmon update as the industry prepares for the 2023 Summer Salmon Season.
The Chinook fishery kicked off Alaska’s Summer Salmon season in May with the Annual “First of the Season” Copper River Kings & Sockeyes.
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In British Columbia, Canada only harvested about 100,000 Chinook Salmon last year and we would expect somewhere around the same or less this year as the state of B.C. Wild Salmon continue to be in dire straits.
Globally, 6,300 metric tonnes - 14 million lbs - or 1.14 million Chinook were harvested last year - 19 percent higher than the previous 5-year average.
Our recommendation is to start talking to your Tradex Foods Representative about your Summer Salmon Program.
There are mixed signals for pricing due to the amount of all Salmon remaining in freezers globally.
Only time will reveal how the market will behave for all salmon species.
Our pulse is that all species will see strong pricing coming out of the gates, then weaken quickly.
Stay tuned for more upcoming Salmon updates by subscribing to the 3MMI.
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