Alaska’s seafood industry is in trouble. Processors and policymakers blame Russia.

Alaska waters produce the most seafood in the country, and many of the state’s coastal communities depend on commercial fisheries to sustain their economy.

The U.S. government didn’t put its own ban on Russian goods in place until Russia invaded Ukraine in 2022. “It’s like a balloon – and so when you push in one area, you have a reaction in another area,” said John Sackton, the founder of the online trade publication SeafoodNews. “This is a sign that there’s a lot of pain in the industry,” Sackton said. “And so the pollock ban – lobbying for the pollock ban – was a short-term benefit. People probably didn’t have any choice except to try to get whatever short-term benefits they could, but it’s not going to change the overall dynamic.”

The industry’s slowdown has had major consequences for seafood companies. Trident Seafoods, the biggest processing business in the United States, announced last year that it wouldOne of the facilities Trident listed for sale is its Star of Kodiak plant, the largest plant in its namesake town.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

How Alabama seafood disclosure law could help struggling seafood industryHenry Barnes makes and repairs shrimp nets at his shop in Bayou La Batre. These days there's not much work to do as shrimp boat operators look to save money in
La source: mynbc15 - 🏆 262. / 63 Lire la suite »

Alaska’s seafood industry is in trouble. Processors and policy makers blame Russia.Seafood companies and fishermen often target multiple species to reduce their risk, but the current price collapse is happening almost across the board.
La source: KTOOpubmedia - 🏆 439. / 53 Lire la suite »