Thursday, May 22, 2008
Copper River Trading Like Oil
A couple weeks ago I wrote that Copper River salmon would be in New York this week. I was wrong about that, but pricing predictions were more accurate. All seafood prices have been trending up, but with catches roughly one fifth the quota these fish demanded record prices. Prices in the pacific northwest, not including freight costs to the east coast were $15.00 to $17.00 wholesale for Sockeyes, and over $19.00 for Kings. With these kind of prices it had me looking for last seasons frozen production. Unfortunately most of the quality fish has been taken, and what little frozen wild salmon remains is dull, soft and tired fish. I have had some really nice frozen wild salmon to get me through the winters, but the probabilities are diminishing that we will see fresh demand at levels low enough to freeze and store this hot commodity.