ANALYSIS: Fresh Chilean Salmon Fillets Soften Ahead of Seasonal Trend

The market for fresh Chilean salmon fillets continues to show signs of weakness, trending lower earlier than usual for this time of year. Historically, pricing begins to soften after Mother’s Day, but this year the decline began in early May. Since the end of April, the price for 3–4-pound fresh Chilean fillets—considered the bellwether size—has fallen 19.2%. This marks a notable departure from the 3-year average, with current prices down 5.1% compared to historical trends.
Despite a nine-week slide, the market has...
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