Southeast Dungies tank; Golden king crab increases: Global markets move from supply concerns to sales demand.

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Southeast Dungies tank; Golden king crab increases: Global markets move from supply concerns to sales demand.

The partnership has many fishermen feeling concerned about processor consolidation in the Bay, and reduced markets.

Sockeye catches are increasing but Alaska remains on track for a significantly smaller harvest than last year, and Russia’s reduced forecast further tightens the global wild salmon outlook.

Global wild salmon harvest projections could drop by over 30%. Lower AK and Russian pink salmon catches, combined with continued weakness in Japanese chum returns, could create one of the tightest wild salmon suppllies in recent memory.

Silver Bay called it a “conservative starting price for the 2026 season.”

As wild halibut supply shrinks, farmed Atlantic halibut from Norway is emerging as a premium alternative for buyers seeking consistent availability, reliable sizing, and long-term stability.

Wild pink salmon markets face disruption due to a “supply shock” stemming from sharp declines in AK and Russia and rising costs.

Track the sockeye fishery value, value shares by sector and upward price trends at ex-vessel, first wholesale, and export.

Seafood costs are going up while consumer purchasing power is going down. The margin squeeze will be felt across all sectors well into 2027.

“The central issue is no longer how much crab is produced, but who can place product into the markets that set price.” Global crab guru, Les Hodges.