Saving Seafood

Bristol Bay catch lifts sluggish Alaska summer salmon season

July 29, 2020 — Alaska’s summer salmon season drifts into its second half as Bristol Bay’s sockeye fishery is winding down from another strong catch of around 38 million fish, leaving pink salmon to take center stage.

In his weekly report for the Alaska Seafood Marketing Institute, Garrett Evridge said preliminary data from the Alaska Department of Fish and Game put average Bristol Bay sockeye size at just over five pounds, continuing a trend of larger runs of smaller fish in the world’s largest sockeye salmon fishery. Total state-wide catch for sockeye sat at 42 million fish, which was on par with 10-year averages, according to data compiled by Evridge.

Read the full story at Seafood Source

Season of uncertainty: Alaska braces for seafood tariffs

June 14, 2019 — Fisheries are always fraught with uncertainties, but there is an added element this year: trade tariffs on Alaska’s largest export: seafood. “The industry is accustomed to dealing with uncertainty about harvest levels, prices and currency rates. The trade disputes just add another layer to that,” said Garrett Evridge, an economist with the McDowell Group.

Tariffs of up to 25 percent on U.S. seafood products going to China went into effect last July and more are being threatened now by the Trump administration. China is Alaska’s biggest seafood buyer purchasing 54 percent of Alaska seafood exports in 2017 valued at $1.3 billion.

“It’s important to remember that a tariff is simply a tax and it increases the prices of our products,” Evridge explained. “As Alaskans we are sensitive to any increase in the price of our seafood because we are competing on a global stage. And right now we have tariffs imposed on seafood from the Chinese side and the U.S. side.”

In terms of Alaska salmon, the new taxes could hit buyers of pinks and chums especially hard. Managers expect huge runs of both this summer and much of the pack will be processed into various products in China and then returned to the United States.

“There is uncertainty as to whether or not those products will be tariffed and the Trump administration has indicated they want to tariff all products from China,” Evridge said.

For salmon, in a typical year Alaska contributes 30 to 50 percent of the world’s wild harvest. But when you include farmed salmon, Evridge said, Alaska’s contribution is closer to 15 percent of the global salmon supply.

The Alaska Dept. of Fish and Game is predicting a total catch of 213.2 million salmon this year, more than 80 percent higher than in 2018.

Read the full story at National Fisherman

Alaska’s Seafood Industry Faces the Blob

November 5, 2018 — Challenging statewide salmon harvests have dominated head­lines, with record-high sockeye production in Bristol Bay being the state’s primary saving grace. However, salmon are not the only fish in the sea keeping the state’s fisheries afloat, with many fishermen relying on groundfish, herring, and miscellaneous shellfish to make ends meet. Some fishermen use alternative fisheries as a way to balance their portfolios, while others focus entirely on a single target species ranging from Dungeness crab to sablefish. “In a typical year, Alaska’s most valuable fisheries [measured by value of harvest] include salmon, pollock, Pacific cod, crab, halibut, and black cod,” says Garrett Evridge, an economist with McDowell Group, an Alaska-based research firm.

In 2017, salmon was the most valuable fish group. Harvest of all five salmon species totaled more than $781 million in ex-vessel value, the amount paid to fishermen for their catch. However, Evridge notes that 2018 has been a disappointing year for many salmon fisheries, a statewide concern.

“Salmon across the state have come in weaker than forecast, particularly in the North Gulf of Alaska,” says Bert Lewis, the Central Region supervisor of the Division of Commercial Fisheries for the Alaska Department of Fish and Game (ADFG). “In the region I work, we saw some of the lowest returns of sockeye salmon in recent history with the exception of Bristol Bay, where we had the biggest run on record.”

The sockeye salmon harvest is estimated to be 37 percent of the recent ten-year average, making it the smallest since 1975—all other smaller harvests date back to the 1800s.

The “blob”—a warm water anomaly that washed into the Gulf of Alaska in 2015—is thought to be the culprit. With most sockeye salmon spending three years in the ocean, those returning this year initially swam out into warmer waters, which researchers speculate disrupted the food webs that support the salmon, decreasing their survivorship and resulting in poor returns this year.

“That concept is supported by the record return we saw in Bristol Bay, with close to 65 million sockeye returning that, in 2015, came out into the Bering Sea, which did not have this warm-water anomaly,” Lewis says.

However, poor harvests weren’t limited to sockeye: Chinook, chum, and pink numbers all came in low.

“In the Southeast, total salmon harvest will be about 30 percent of the recent ten-year average, due primarily to poor pink salmon run, since pink salmon usually make up most of the harvest,” says Steve Heinl, a regional research biologist for ADFG in Southeast.

“Pink salmon harvest is 19 percent of the recent ten-year average and the smallest since 1976,” Heinl says. “Pink harvest will be less than half of the harvest in 2016 [18.4 million fish], which spurred a formal declaration of disaster.”

Levels are well below ADFG’s forecast of 23 million pink salmon, though only slightly below the National Oceanic and Atmospheric Administration forecast of 10 million to 23 million.

As of late August, chum salmon harvest to date was 69 percent of the recent ten-year average; Chinook harvest was at 30 percent of recent ten-year average; and coho harvest was on track to be lowest in thirty years, says Heinl.

Though state numbers are low, harvest success varied dramatically among systems. In Southeast, there were excellent Sockeye runs at Chilkoot Lake and Redoubt Lake, which stood in stark contrast to poor runs in places such as Situk River, where the fishery was closed for most of the season.

Read the full story at Alaska Business

 

Tariffs set to take toll on Alaska seafood exports and imports

August 30, 2018 — More seafood tariffs in Trump’s trade war with China are hitting Alaska coming and going.

On July 6, the first 25 percent tax went into effect on more than 170 U.S. seafood products going to China. On Aug. 23 more items were added to the list, including fishmeal from Alaska.

“As of right now, nearly every species and product from Alaska is on that list of tariffs,” said Garrett Evridge, a fisheries economist with the McDowell Group.

Alaska produces more than 70,000 metric tons of fishmeal per year (about 155 million pounds), mostly from pollock trimmings, with salmon a distant second. The pollock meal is used primarily in Chinese aquaculture production, while salmon meal goes mostly to pet food makers in the U.S.

In 2017 about $70 million worth of fishmeal from Alaska pollock was exported to China from processing plants all over the state.

Read the full story at the Alaska Journal of Commerce

Alaska salmon exports should fetch high prices this year

May 30, 2018 — Forces are aligned for a nice pay day for Alaska’s salmon fishermen.

There is no backlog from last season in cold storages, a lower harvest forecast is boosting demand, prices for competing farmed salmon have remained high all year and a devalued U.S. dollar makes Alaska salmon more appealing to foreign customers.

“Over the past year the dollar has weakened 11 percent against the euro, 9 percent against the British pound, 5 percent against the Japanese yen, and 7 percent against the Chinese yuan. That makes Alaska salmon and other seafood more affordable to those top overseas customers,” said Garrett Evridge, a fisheries analyst at the McDowell Group.

Last year, Alaska seafood exports set records in terms of volume and value — 1.1 billion metric tons valued at $3.45 billion. Alaska salmon accounted for 22 percent of the volume and 36 percent of the value.

On the home front, the weaker dollar will make imports from Chile, the largest farmed salmon importer to the U.S. followed by Norway, more expensive. That also will apply to imports of competing wild salmon from Canada where — if it materializes — a big sockeye run is predicted at nearby British Columbia.

Read the full story at National Fisherman 

 

Financial outlook sunny for salmon fishermen, plus commercial salmon openers around Alaska

May 29, 2018 — Forces are aligned for a nice payday for Alaska’s salmon fishermen.

There is no backlog from last season in cold storages, a lower harvest forecast is boosting demand, prices for competing farmed salmon have remained high all year, and a devalued U.S. dollar makes Alaska salmon more appealing to foreign customers.

“Over the past year the dollar has weakened 11 percent against the euro, 9 percent against the British pound, 5 percent against the Japanese yen, and 7 percent against the Chinese yuan. That makes Alaska salmon and other seafood more affordable to those top overseas customers,” said Garrett Evridge, a fisheries analyst at the McDowell Group.

Last year Alaska seafood exports set records in terms of volume and value — 1.1 billion metric tons valued at $3.45 billion. Alaska salmon accounted for 22 percent of the volume and 36 percent of the value.

On the home front, the weaker dollar will make imports from Chile, the largest farmed salmon importer to the U.S. followed by Norway, more expensive. That also will apply to imports of competing wild salmon from Canada where — if it materializes — a big sockeye run is predicted in nearby British Columbia.

“About every four years we expect a relatively large harvest from the Fraser River run in B.C. In 2014 they produced about 83 million pounds of salmon and sockeye was the largest component,” Evridge said. “Likewise, a weaker dollar will make wild salmon imports from Russia and Japan more expensive for U.S. buyers.”

Russia, which had grown from a $10 million customer of primarily pink salmon roe to $60 million in 2013, has banned all imports of U.S. seafood since 2014. Meanwhile, that country continues to send millions of tons of salmon and other seafood into the U.S.

Read the full story at the Anchorage Daily News