Astoria Fisheries Auction

Wednesday, April 19, 2017

Alaska Seafood Ranked Most Popular Protein on US Menus

The Alaska Seafood Marketing Institute’s 2016 annual report, celebrates an exciting first, says ASMI Executive Director Alexa Tonkovich.

After years of holding steady in second place among protein brands, Alaska seafood is now the number one ranked most popular protein on US menus among the top 500 restaurant chains, besting Angus beef, Kobe beef, Louisiana seafood and more.

Global currency challenges and a rocky fiscal climate in Alaska notwithstanding, the seafood industry remains an asset in the state’s portfolio, Tonkovich said.

According to the report, some 60,000 resident and non-resident workers in Alaska’s seafood industry earn $1.6 billion in annual wages based on 2013 and 2014 averages. A total of 31,580 harvesters – the majority of whom are Alaskans – earned income as skippers and crew, operating some 8,600 vessels.

Alaska fisheries provided work statewide, -creating in excess of 10,000 full-time-equivalent jobs in the Bering Sea and Aleutian Islands, nearly 10,000 in Southeast Alaska, more than 8,000 in Kodiak, 7,000 in Southcentral Alaska, more than 4,500 in Bristol Bay and nearly 1,000 jobs in the Arctic and Yukon Kuskokwim regions.

America’s increased seafood consumption is partly attributed to federal food assistance programs that distribute surplus canned salmon to food banks nationwide. AMSI was instrumental in coordinating the sale of $77 million in canned salmon to those programs between 2014 and 2015, helping the industry manage inventories after record pink and sockeye salmon harvests.

ASMI expanded domestic market channels for Alaska sockeye, with partnerships with Sam’s Club, Walmart and Red Lobster, thus avoiding significant carryover inventory of frozen sockeye heading into 2016, which could have lowered prices for the 2016 harvest, the report noted.

Meanwhile, Alaska seafood exports to ASMI program destinations maintained value at about the same level as the prior year, despite a strong US dollar and the Russian embargo.

The complete report is available online at https://indd.adobe.com/view/46b34fd5-da1f-4257-ae90-ada17dd5943c

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