[Brian Griffin]

“50 cents per pound” at the dock

->

~$10/pound at the store

DC, we have a problem.

[Worldtraveler once upon a time]

---- "“50 cents per pound” at the dock -> ~$10/pound at the store."

Middle men. Of course fish need to be processed to reach point-of-sale, but that does not explain the very large discrepancy between these numbers. Middlemen become entities which become top heavy with management which sees themselves as the most important part of the chain.

The most important parts of any chain is the producer / farmer / fisher and the consumer.

Some curiosity is in order....

StarKist Tuna is a brand of tuna produced by StarKist Co., an American company formerly based in Pittsburgh's North Shore that is now wholly owned by Dongwon Industries of South Korea. It was purchased by Dongwon from the American food manufacturer Del Monte Foods on June 24, 2008, for slightly more than $300 million. In 2021, the headquarters were moved to Reston, Virginia.

Source: https://en.wikipedia.org/wiki/StarKist

One finds ..."the average a Dongwon Ga salary in the United States is $57,032 per year," while Kim Jae-Chul is doing quite well. $2.5B well (2016) and among Korea's 50 Richest Net Worth.

Source: https://www.forbes.com/profile/kim-jae-chul/?sh=6547dc013b72

From Chilean aquaculture and more, there is competition aplenty. Middle men everywhere.

[woodbutcher1963]

I am surprised that the price at the store has not dropped too.

I always try to buy US caught Sockeye Salmon. It was still over $10/pound last week here in NH. I realize there is processing and freight to get it here. However, I would think it should be under $5/pound.

The price of lobster here in the supermarkets is roughly double what the fishermen gets per pound over on the coast. IF there is such a glut of salmon, you would think the retail price would be a lot cheaper.