ANALYSIS: Chilean Fresh Fillets Drop 10.1 Percent Since End of February

The farmed salmon market out of Chile for fresh fillets continued to decline this week. All sizes moved lower and since the end of February 2023, pricing on 3–4-pound Chilean fresh fillets are now 10.1 percent lower. We did see a similar trend last year in 2022 about the same time. The market dropped 6.8 percent during the month of March.
Speculation as to why the market is dropping appears to be a combination of factors. Some reports...
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