ANALYSIS: Chile Controls 70% of US Fresh Salmon Imports as Norwegian Supply Falls 35%

Chile controls more than 70% of US fresh salmon fillet imports, Norwegian supply is down more than a third year-over-year, and a 12.5% tariff deadline is six weeks out. Despite all of that, the fresh benchmark is drifting lower and buyers are hesitant to commit. The frozen market, running below a three-year average in volume, is the steadier of the two. Understanding why requires looking past the price series and into how Chilean producers get paid...
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