susie
Walking Docks For A Job
Posts: 32
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Post by susie on Apr 28, 2020 20:34:59 GMT -5
Im confused. They are hyping this season as Russia vs US. Russia and US places dont deliver to the same offload right? Its not like you can only catch a certain amount or pounds for the whole world right? Why would they be competing? Or is it made up for TV
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Deleted
Deleted Member
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Post by Deleted on Apr 28, 2020 21:09:53 GMT -5
I've been wondering the same thing..Russians do not deliver in Alaska and Americans don't deliver in Russia. Japan is a big buyer of crab,so I guess it's possible that both countries are trying to be the first to sell the finished product to Japan. I've reached out to someone in sales where used to work and see if he can shed any light.
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Deleted
Deleted Member
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Post by Deleted on Apr 29, 2020 22:46:50 GMT -5
So I asked a guy I know in sales,and this was his response: "Yeah its legit. Our season is first, and if we can get our product all sold quickly, we have it in the market before russian, which comes in below the USA king crab price. Because of the Sackton 2005 crab grounds price formula, the fishermen are ultimately paid a fixed percentage of what the average sales price was of all producers. So roughly, $20 per lb crab in the market would pay $8 per lb on the grounds, whereas $18 in the market would pay $7.50 or something like that.."
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Post by catchaddict on May 1, 2020 9:59:58 GMT -5
"the fishermen are ultimately paid a fixed percentage of what the average sales price was of all producers."
I did not know this. Is this why Mike Rowe implied the fleet was 'working together' against the Russians?
But I'm still a littler confused...if the USA and Russia have always both sold to Japan, why would a rationalization plan in Russia that raises the price cause added competition? Seems like this would be a good thing for Alaskan fishermen, wouldn't it?
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