ALASKA SEAFOOD INDUSTRY.   Term Paper ID:29083 Click to get this paper

Essay Subject: Economic problems of the salmon industry.... More...

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Paper Abstract: Economic problems of the salmon industry. Global economic impact, including free trade as disastrous for Alaska. Contributing factors to decline of salmon fishery. Expansion of aquaculture and farmed salmon. Effect on prices of economic recession. New global competition. Impact of Chile and Russia as market competitors. Paper Introduction: The Alaska Seafood Industry, the economic backbone of the state of Alaska, is today in dire straits. In particular, the salmon market is on the brink of collapse, having sustained many consecutive years of plunging prices and waning product demand. Scores of salmon fishermen have already given up on the trade; when the 2001 coho fishery opened in Cordova last September, only around 100 boats in a fleet of 520 put out to sea to cast their nets (World Environment News (WEN) 2). The salmon fishery is facing severe economic challenges today that may prove to be too global and manifold to be effectively countered by local measures. Governor Tony Knowles has already deemed the U.S. expansion of free trade with Chile “disastrous” for the state, and the statistics seem to support his contention (Alaska Seafood 1). It is clear that the Alaska Salmon Industry is at a criti Text of the Paper: The entire text of the paper is shown below. However, the text is somewhat scrambled. We want to give you as much information as we possibly can about our papers and essays, but we cannot give them away for free. In the text below you will find that while disordered, many of the phrases are essentially intact. From this text you will be able to get a solid sense of the writing style, the concepts addressed, and the sources used in the research paper. of plungingprices and waning product demand fleet of put out to sea to casttheir measures Governor TonyKnowles has already deemed the U juncture A multiplicity of factors have contributed to thewhole of the state economy market Fish markets in nations such as Chile andCanada have Canada Alaska'slargest export markets to lose buying power today commands more than of theworld Gardiner And though Alaska continues fact is duenot only to the relative only withthemselves during the many months of largest seafoodmarket Smoked salmon and salmon sujiko roe which are that have traditionally suppliedthe Japanese market with of the salmon transition will be examinedbelow Alaskan salmon suppliers have been nearly host of new international competitors the salmon market experiencing the most rapid yeargrowth labor those costs incurred by Alaskanfishermen harvesting wild salmon environmental restrictions cheap labor and inadequate business and environmentalregulation has allowedRussian fishermen to produce exactly the same flag vessels to process Alaskansalmon in state waters so found themselves unable to make a trip out to loans out to buy licenses their remaining debt by selling fishing boatsand gear fallen so dramaticallythat in spite of the some fisherman deem tobe prohibitively low the Alaskan economy hisparamount concern and all recognize the Many cannotconceive of another way of life fishing vessel in the Bering Straitor up org aboutus htm Retreived from Web July Gardiner Terry Alaska Seafood of the Governor Press Releases May www gov state In particular the salmon market is onthe brink when the coho fishery opened in Cordova may prove to be too global andmanifold the statistics seem to support hiscontention Alaska Seafood It is in order to best assess follows First the strong US dollar to import at lower prices Conversely the strong dollaralso very marketplace in which salmon is harvested bought has for many years insuccession driven the alarming rate in the past years the annual is the year-round productioncapabilities of years of economic recession in Japan has served todepress hit by the Japanese recession Chilean farmed salmon currently comprises of Japan's salmonimport that is currently affectingmarket economies the world over has can be threatening to high-cost high-value countries such as harvesting farmed Atlantic salmon grown commented in a May press release Alaskans havegreat difficulty competing been afactor Since the Soviet collapse in the Russian so bold as to request permission from the stateof Alaska As a result of the five late s have fallen in value by as much Many declare bankruptcy or cash out by selling off many of these do not find the advantages of an the dollar-per-pound range for cohosalmon have fallen continue to fish for wild Alaskan salmon Governor Knowles Second and third generation fisherman are not uncommon another dangerous season in the no substitute and for this the Alaska Fishing Industry willpersevere www planetark org advantgo dailynewsstory Retreived from the World Wide Web July State Rejects The Alaska Seafood Industry the economic Scores of salmon fishermen have nets World Environment News WEN The salmon S expansion of free trade the decline of thesalmon fishery in Alaska It of Alaska The five most fundamental waves ofeconomic experienced erosions in currency value for US products which hasdriven export salmon prices down Gardiner the world's market share The meteoric to provide roughly ofthe wild salmon in the United States ease of manufacture and low production the year in which wild considered to beamong the higher-end fish products that are it consumes Today Japan hasturned to other cheaper entirely supplanted bytheir competition it the Southern Hemisphere Essentially globalizationallows manufacturers in the lowest cost producing areas of costs are currently about of those are not asstringent in Chile nor are labor Alaska in the News Fifth the emergence of Russia products as their Alaskancounterparts at a fraction of far Governor Knowles has refused this request citing his responsibility seacost-efficient Fishing permits costing as much as when theirprice was at its peak are Those lucky enough to buy licenses at a low diminished competition turning a profit can still Other species of salmon have very prominent position the salmonfishery plays in this that would be as gratifying as the the Inside Passage experiencing the the World Wide Web July Fish Farms Industry Radical Surgery Or Slow Death NorQuest Seafoods ak us PRESS html Retreived from the World Wide Web of collapse having sustained many consecutive years lastSeptember only around boats in a to be effectively countered by local clear that the Alaska Salmon Industryis at a critical how they have together impacted has allowed other more cheaply pricedseafood to enter the US causes overseas customers such as Japan Europe and andsold Farmed salmon once an economic anomaly price of wild salmon spiraling downward all over outputof farmed salmon has increased by more than WEN This farmed salmon plants which essentially compete demand and subsequently prices in Alaska's Gardiner Directlyaffected are the Alaskan salmon fisherman market the economic enablers for this presented Alaskan salmon fishermen witha the United States Specifically withrespect to Chile inChile are minuscule when compared with economically with foreign fish farms thatoperate with fishing industryhas grown considerably the decline of the Russian ruble to allow them to use foreign economic forces examined above many AlaskanSalmon fishermen have as Those fishermen who took bank their permits at rock-bottom prices while covering uncrowdedocean all that palpable Prices for salmon have to cents per-pound a price has made the protection of inAlaska and these sea dogs are committed to their craft mostbeautiful place on earth captaining a Works Cited Alaska Governor's Report Alaska Seafood September www alaskaseafood cfm newsid Retreived from the World Wide Russian Fish Processors Request Office backbone of the state ofAlaska is today in dire straits alreadygiven up on the trade fishery is facingsevere economic challenges today that with Chile disastrous for the state and is prudent to examine each of these factorsindependently change to hit the industry are as against the US dollarwhich allows them Second the dramatic expansion of aquaculture has literallyredesigned the rise of aquaculture hascreated an oversupply of farmed salmon that the output of farmed Atlantic salmonis increasing at an costsassociated with farmed fish also a factor salmon are notfished and brought to market WEN Third twelve brought to Japan have beenparticularly hard producers to cover the devaluation of theircurrency Alaska Seafood Fourth the massive globalization trend the world toimport to the highest value markets This trend in the United States Gardiner And the costs of restrictions Alaska Seafood AsGovernor Tom Knowles as a market competitor has the cost Gardiner Russian fishprocessors have even been to protect the state economy Alaska in the News at the peakof the salmon boom in the today scrambling to make their payments WEN rate are continuing tofish although bevery difficult to do Prices once in suffered a similar fate WEN Ultimately many fishermen platform And many fisherman have grown up in thefishing culture one thatthey have inherited preparing for rapture of a good harvest Forthis there is Ruining Alaska's Salmon Industry World Environment News September www gov state ak us fishsummit gardiner seafood pdf July of plungingprices and waning product demand fleet of put out to sea to casttheir measures Governor TonyKnowles has already deemed the U juncture A multiplicity of factors have contributed to thewhole of the state economy market Fish markets in nations such as Chile andCanada have Canada Alaska'slargest export markets to lose buying power today commands more than of theworld Gardiner And though Alaska continues fact is duenot only to the relative only withthemselves during the many months of largest seafoodmarket Smoked salmon and salmon sujiko roe which are that have traditionally suppliedthe Japanese market with of the salmon transition will be examinedbelow Alaskan salmon suppliers have been nearly host of new international competitors the salmon market experiencing the most rapid yeargrowth labor those costs incurred by Alaskanfishermen harvesting wild salmon environmental restrictions cheap labor and inadequate business and environmentalregulation has allowedRussian fishermen to produce exactly the same flag vessels to process Alaskansalmon in state waters so found themselves unable to make a trip out to loans out to buy licenses their remaining debt by selling fishing boatsand gear fallen so dramaticallythat in spite of the some fisherman deem tobe prohibitively low the Alaskan economy hisparamount concern and all recognize the Many cannotconceive of another way of life fishing vessel in the Bering Straitor up org aboutus htm Retreived from Web July Gardiner Terry Alaska Seafood of the Governor Press Releases May www gov state In particular the salmon market is onthe brink when the coho fishery opened in Cordova may prove to be too global andmanifold the statistics seem to support hiscontention Alaska Seafood It is in order to best assess follows First the strong US dollar to import at lower prices Conversely the strong dollaralso very marketplace in which salmon is harvested bought has for many years insuccession driven the alarming rate in the past years the annual is the year-round productioncapabilities of years of economic recession in Japan has served todepress hit by the Japanese recession Chilean farmed salmon currently comprises of Japan's salmonimport that is currently affectingmarket economies the world over has can be threatening to high-cost high-value countries such as harvesting farmed Atlantic salmon grown commented in a May press release Alaskans havegreat difficulty competing been afactor Since the Soviet collapse in the Russian so bold as to request permission from the stateof Alaska As a result of the five late s have fallen in value by as much Many declare bankruptcy or cash out by selling off many of these do not find the advantages of an the dollar-per-pound range for cohosalmon have fallen continue to fish for wild Alaskan salmon Governor Knowles Second and third generation fisherman are not uncommon another dangerous season in the no substitute and for this the Alaska Fishing Industry willpersevere www planetark org advantgo dailynewsstory Retreived from the World Wide Web July State Rejects If this paper is not what you are looking for, you can search again: Search for: or Click here to request an essay written just for you.

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