FISH FACTOR: No dog days for salmon after record chum return
Chum salmon returned home to Alaska this year in numbers never seen before from Southeast to Kotzebue, and set catch records statewide and in many regions.
Chums, also called dogs because of their long use as a prime food source for Alaska Native dog teams, are the most widely distributed of all Pacific salmon and occur throughout Alaska. The fish usually comprise about 15 percent of the total salmon catch, and this year’s tally of almost 25 million is the biggest harvest since 2000.
At Kodiak, for example, a chum catch of nearly 2 million was 37 percent higher than usual and the highest take since 1995. Southeast Alaska’s chum catch topped 11 million, and at an average price of 80 cents per pound, each fish was worth more than $7 to fishermen.
Chums also helped push Norton Sound salmon fishermen to a record $2.8 million payday, the first time the dock value has topped $2 million.
At Kotzebue, two buyers showed up for the first time in three years and flew off with a half-million pound chum salmon catch. And at the Yukon, fishermen harvested more than 1 million chums for a fishery value of nearly $700,000.
“It’s a great year to have a record catch. The market for Alaska chums could not be better,” said Andy Wink, a fisheries economist with the McDowell Group.
“Some years you have a situation where there is not enough demand to soak up all that you produce and prices come down. We might see a little price effect because it’s a record year, but factors coming into this season were really supportive for chums.”
Topmost, the harvest in Japan, one of the largest chum producers, was down 30 percent in a run of several years’ bad catches. There is no backlog of fish in U.S. cold storages, and higher priced farmed salmon has buyers looking for other options. Wink said wild chum salmon from Alaska, often marketed with the more upscale name of “keta,” fits the bill.
“Those high farmed prices raised the bar for everything else and it gets more people interested in doing something with keta, and it also benefits from all the sockeye promotions,” he said, adding that several big supermarket chains are doing a “salmon series.”
“They will do promotions all season long and go from sockeye to chum to coho salmon,” he said. “That makes for a really nice progression.”
The chum roe market also is ripe.
Chum roe is the most valuable of all salmon and Japan’s harvest shortfall will boost demand for Alaskan supply. Wholesale prices for all salmon roe skyrocketed during the first four months of this year, according to Alaska Department of Revenue data. For chum roe, the price averaged $20.03 per pound, up from $15.44 at the same time last year.
For the first time in four years, fresh halibut prices are taking a tumble with reports of some Alaska buyers turning away deliveries. The stall stems from buyers’ response to exorbitant prices over an extended period.
“We don’t even want it,” said a major Kodiak processor, adding that they are buying halibut only from longtime boats.
Prices had dropped to the $5.70 to $6.10 per pound range, down from the more than $7 paid for several years running.
“Halibut is too expensive. Many restaurants have taken it off their menus and many retailers stopped carrying it a while ago for the same reason,” echoed another major buyer.
Not coincidentally, this year saw the highest opening wholesale prices on fresh halibut in four years at $9.25 per pound, compared to $8.10 last year and $8 the year before that, pointed out market expert John Sackton of Seafood.com.
“The Alaskan halibut market got ahead of itself this year, and as a result, major foodservice customers have been reacting to the high prices,” he said.
“Wholesale prices like that can push retail prices into the $30 a pound range for customers. Who in their right mind is going to pay that much for a pound of fish?” asserted Undercurrent News. Alaska’s halibut catch limit this year is just more than 18 million pounds. The fishery began in early March and this year ends on Nov. 7.
Flies feed fish
The global search for alternatives to wild fish as a meal source for farmed fish has found a winner – flies! A South Africa company called Agriprotein has just won a first ever “food chain global champion” award in Britain for its MagMeal, a main ingredient in fish and animal feeds made from flies that are reared on food wastes.
“Insect protein is an idea whose time has come and we are now producing it at an industrial scale. This award is a vote of confidence in the waste-to-nutrient industry,” said Jason Drew, AgriProtein co-founder and CEO.
Fishmeal accounts for 60 to 70 percent of farmed fish production costs (including Alaska’s salmon hatcheries) and each year a quarter of the world’s fish catches — 20 million tons — goes into fishmeal.
It can take up to four pounds of wild fish-based meal to grow one pound of farmed salmon, and world growers are facing increased criticism to find other food sources.
Tests prove that all kinds of insects can make a good feed but the high fat content in black soldier flies provides an extra nutritional boost. AgriProtein calls the U.S. the “world center” of protein consumers and organic wastes, a natural fit for its fly building business.
The company has plans to build 200 fly farms in the US and Canada by 2027 to supply the $100 billion aquafeed market.
Scientists from Idaho universities also are embracing a maggot-based fish feed that reduces billions of pounds of cow poop.
Idaho is the nation’s largest rainbow trout producer and the fourth-biggest dairy state. In tests by animal waste management engineers, fly colonies quickly reduced 700 buckets of cow manure by half, and seeded it with their eggs.
Two months later, fish guts from local farms were added to enrich the maggots with omega fatty acids.
The resulting fish feed was “snapped up” by trout in test stations along the Snake River. The scientists said it “made sense since flies are a more natural food than corn and soybean meals.”