ANALYSIS: Frozen Sockeye Prices Continue to Retreat Ahead of the New Season
The massive record-breaking sockeye season from 2022 continues to have a major impact across the entire salmon complex. The most immediate is the general weakening on frozen sockeye. With the upcoming season about a month away, there is pressure to move through older inventories. Many market participants report heavy discounting among some sellers to incentivize sales and keep things moving. Sockeye 2-3 lb. frozen fillets at the start of 2023 were at an average price of about $9.25/lb...
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