High crab prices continue to lead all Alaska seafoods as increased demand during the pandemic continues (2024)

$8.10 per pound! That’s the jaw-dropping advance price being paid to Kodiak fishermen for Tanner crab in the fishery that opened Jan. 15.

High crab prices have led all other seafoods during the COVID pandemic as buyers grab all they can to fill demand at buffet tables, restaurants and retail counters around the world.

“Our strategy was to get a price before the season even started. It’s simply bad business to go fishing without a price,” said Peter Longrich, secretary of the 74 member Kodiak Crab Alliance Cooperative that negotiated the deal with local processors.

Crabbers will drop pots for a combined total of 1.8 million pounds, with 1.1 million pounds earmarked for Kodiak, 500,000 for the South Peninsula and 200,000 at Chignik.

The price compares to $4.25/lb paid in 2020 for a 400,000 pound harvest and $4.40/lb in 2019 for 615,000 pounds. No Tanner fishery occurred in 2021 as crabbers waited for more mature male crabs to grow into the fishery, the only ones that can be retained for sale. The legal crabs weigh over 2 pounds on average.

The waiting paid off.

Local biologists have been tracking one of the largest cohorts of Tanners ever seen since 2018 throughout the westward region. It appears to be two big year classes with a broad range of sizes that could support several years of fishing, said Nat Nichols, area manager for the Alaska Department of Fish and Game at Kodiak.

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“A Tanner crab is getting to be legal size around age 4 or 5, and then they start to die of natural causes or age out of the population by around 7 or 8. Once they start to become legal, we can expect them to hang around for potentially three years, and there’ll be more small crab behind them. So you can kind of think of this as the front edge,” Nichols said.

Fishing is expected to go fast depending on three factors: the number of boats, good or scratchy hauls and weather. A total of 85 boats were signed up for the fishery at Kodiak, 47 at the South Peninsula and 14 at Chignik. Nichols said the opener could be as short as three days or it might last about a week.

Crabbers can expect a lot of measuring, he said, adding that a large group of crab are going to be “just short of the stick this year.”

“Those are next year’s crabs and we want to handle them carefully and get them back in the water,” he said. “There will be a lot of sorting and if a pot has 30 or 40 legal male keepers in it, it may have 300 or 400 sublegal males and females mixed in there.”

The webbing in the pots also will add to the workload.

“If you have a groundfish pot that’s converted to a Tanner pot and it’s got small, 3-inch web or something like that, the only way for nontarget crab to get out is to find one of the four escape rings. So that pot is likely to have quite a bit of juvenile and female crab in it,” Nichols explained. “If you have a pot with web that’s really big mesh, a lot of that small crab is going to walk right through and you’ll end up with a pot that’s a lot cleaner.”

Another factor is how long the pots are soaked.

“If you’re turning the pots twice a day, you’re not really giving the crab enough time to filter out of the escape mechanisms. Whereas if you only pull it once a day, potentially crab have up to 24 hours to find one of those rings and get out of the pot. Cleaner fishing is better for everyone and those escaped crab are for the next few years of fishing. It’s the future of the resource.” Nichols added.

All pots in Alaska also are required to use twine that is biodegradable to allow crabs to escape in the event of lost gear.

The crab association also plans to try and market the catch as Kodiak Tanner crab highlighting the facts that it is bigger than Tanners from other Alaska regions and caught by local fishermen.

More Fish Board juggling – The state Board of Fisheries meetings are not only dealing with COVID derailments, but also with conflicts from fishery openers. Increasing COVID rates caused the board to postpone its meeting set for Jan. 4-15 in Ketchikan, where it planned to address 157 Southeast and Yakutat fish and shellfish proposals, and move it to March 10-22 at the Egan Center in Anchorage. Those dates occur at the same time that halibut, sablefish and herring fisheries will be underway, and the busy Southeast troll fishery for winter king salmon is wrapping up.

“It leaves trollers with a really no-win choice of staying in town or going to Anchorage or getting that last trip in between the 10th and the 15th of March, which last year was the most lucrative trip of the winter season,” Matt Donohoe told KFSK in Petersburg.

To accommodate the tail end of the troll fishery, the Fish Board will take up salmon-related commercial, sport, subsistence and personal use proposals from March 18-22.

“Placing salmon-related issues at the end of the meeting also better aligns participants with the board’s Hatchery Committee, which was and remains scheduled in Anchorage on a new date of March 23,” said board director Glenn Haight in announcing the changes. The tentative order to accommodate other fishing openers is March 10-13 for herring and March 14-17 for groundfish and shellfish.

In recognition of the difficulties for some Southeast residents to travel to Anchorage, the board will take remote public testimony at select Fish and Game Southeast offices. Locations will be announced prior to the meeting but people wishing to testify remotely must sign up by March 3. An online registration platform will soon be posted on the Fish Board meeting page.

The board also has rescheduled its statewide shellfish meeting to March 26-April 2 in Anchorage, where it will consider 45 proposals.

The meetings are open to the public and a live audio stream will be available on the Fish Board website. Written comments for the Southeast meeting has been extended and can be submitted by email at dfg.bof.comments@alaska.gov by Feb. 23.

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Seafood again sets sales records - Sales of frozen and fresh seafood in the U.S. hit all-time highs in 2021, primarily driven by inflation.

SeafoodSource reports that retail sales surpassed 2019 and 2020 as more Americans opted for seafood due to its proven health benefits.

Data from market trackers IRI and 210 Analytics showed fresh fish sales climbed 6.4% in 2021 compared to 2020 and a whopping 25.5% versus 2019, topping $7 billion. Fresh shellfish sales rose 0.5% versus 2020 and 37.6% from 2019.

Frozen seafood sales rose 2.8% compared to 2020 and soared by nearly 41% from 2019, reaching $7.2 billion.

Sales of canned or other “shelf-stable” seafood declined 11.4% in 2021; however, the category still produced $2.5 billion for the year.

The consumer price index increased 6.8% through November 2021, the highest since June 1982, according to the Bureau of Labor Statistics. In December 2021, the average price per unit across all food and beverage sales was up 8.3% compared to December 2020.

Frozen seafood prices rose 4.2% per unit and 5.7% per volume for the year. Fresh seafood prices increased 6.8% in 2021 and dollar sales increased 1.8%.

“Robust demand got fresh seafood very close to the ‘new record’ finish line and inflation pushed it to new records,” said Anne-Marie Roerink of 210 Analytics.

Fish watch - The largest harvest ever of 45,164 tons (90.3 million pounds) is set for the 2022 Sitka Sound sac roe herring fishery, which typically opens in March. Likewise, a record 65,107 tons of roe herring (130.2 million pounds) can be taken at Togiak in Bristol Bay, the state’s largest herring fishery that usually begins in May.

High crab prices continue to lead all Alaska seafoods as increased demand during the pandemic continues (2024)

FAQs

What happened to the Alaska crab industry? ›

The decline of roughly 10 billion crabs hit fishermen hard and the entire industry was impacted—from distributors, to processors, to consumers. The value of the fishery went from $227 million to $0 in just 2 years. Making it all the more confounding was that snow crabs were abundant just a few years prior.

Why is Alaskan king crab so expensive now? ›

As we have explained, king crab has a short harvesting season, which leads to limited availability. They also have a limited cold water habitat. Additionally, they have a lobster-like flavor. This makes king crab the more expensive of the two; snow crab legs are typically more affordable than king crab ones.

Why are crab prices high? ›

The High Demand for Crab Meat

In addition to the limited supply, crab meat is also in high demand due to its unique taste and texture. Crab meat is considered a delicacy by many seafood enthusiasts, and its popularity has only grown in recent years.

Why is Alaska cancelling crab season? ›

In 2021, 59 boats fished for snow crabs and brought $219 million into fishing communities. As a result of the population decline, the state of Alaska subsequently announced the closure of the commercial snow crab fishery for the 2022–2023 season.

What happened to all the king crabs in Alaska? ›

While the temperature of the water was not too hot for the crabs' thermal limit, it is believed to have led to a rise in the crabs' calorific intake – meaning a total collapse of the population as many crabs could no longer get enough food that they needed.

How much should I pay for king crab legs? ›

On average, you can expect to pay around $30 to $50 per pound for king crab legs. However, the price can go up to $70 per pound in some areas. When it comes to purchasing king crab legs, it is essential to find a reliable vendor. Look for a vendor that provides fresh and high-quality crab legs at reasonable prices.

Is Alaskan king crab better than lobster? ›

Ultimately, the answer depends on your personal preferences and budget. If you're looking for a sweet, delicate flavor and slightly chewy texture, king crab might be the better option. If you prefer a rich, buttery taste and tender, melt-in-your-mouth texture, then lobster might be the way to go.

Which crab has the most meat, male or female? ›

Male crabs are meatier and are the preferred crab for steaming. You can tell a male blue crab by its “apron,” the underbelly shell of the crab, which is narrow compared to the female's. Female crabs are fattier and are preferred for soup.

Why are female crabs cheaper? ›

Male crabs are usually more expensive, especially the bigger ones, because people think they have more meat and are bigger. Female crabs, while sometimes less in demand, can fetch premium prices when their roe is in season, attracting enthusiasts who seek this unique flavor.

Is crab meat healthy? ›

Crab, like most seafood, is an excellent source of omega-3 fatty acids, zinc, and protein. Together, these vitamins and minerals help decrease cholesterol levels, reducing your risk of developing cardiovascular disease later in life. They also help to lower your risk of suffering from a heart attack or stroke.

Is there really a crab shortage? ›

The crisis first began in early 2022, after biologists discovered an estimated 10 billion crabs disappeared — a 90% plunge in the population.

How much money do crab fishermen make? ›

What are Top 10 Highest Paying Cities for Crab Fisherman Jobs
CityAnnual SalaryMonthly Pay
Oakland, CA$53,500$4,458
Hayward, CA$53,408$4,450
Ashland, CA$53,403$4,450
Vallejo, CA$53,291$4,440
6 more rows

Why is bairdi crab illegal in the USA? ›

Due to the closure of 2019/20 Eastern Bering Sea Tanner crab fishery east of 166° W long, retention of Tanner crab (C. bairdi) during the Bering Sea snow crab (C. opilio) fishery between 166° W long and 165° W long is prohibited.

Why is crab so expensive in Alaska? ›

But recently, prices have hiked up another notch due to concurrent population crashes of multiple species in the Bering Sea. The collapses have left entire crab-fishing fleets moored to shore and processors scrambling to find new seafood sources.

Alaska snow crab season canceled for 2022 ...Inquirer.comhttps://www.inquirer.com ›

We chat with Small World Seafood's owner, Robert Amar, about Alaska's snow crab shortage and global warming's impacts on seafood access in Philadelp...
In 2020, the outlook for the crab industry was quite good. Supplies were strong and demand was increasing. But with the advent of the COVID-19 pandemic, the mar...
SEATTLE -- Sticker shock has landed at the fish counter and restaurant table for customers ordering Alaskan king crab and snow crab, both of which are seeing so...

Is there still crab fishing in Bering Sea? ›

In early October 2022, for the first time ever, the Alaska Department of Fish and Game canceled the Bering Sea season for snow crab (also known as opilio crab) after an annual survey revealed an almost total population collapse.

Are Alaskan king crabs endangered? ›

Population Status:

Alaska Department of Fish and Game describes the status of red king crabs as healthy. However, most stocks of red king crabs in Alaska are depressed and fisheries there are limited or on hold.

How much do Bering Sea crab fishermen make? ›

What are Top 10 Highest Paying Cities for Alaskan King Crab Fisherman Jobs
CityAnnual SalaryHourly Wage
Redwood City, CA$65,484$31.48
Grass Valley, CA$61,046$29.35
Berkeley, CA$60,481$29.08
Burien, WA$59,162$28.44
6 more rows

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