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Strong global and U.S. demand for sockeye salmon has pushed prices to near record highs and boosted fishermen’s paychecks. Silver Bay and Peter Pan Seafoods a few weeks ago increased their base prices to fishermen to $1.45 per pound, a 20-cent increase from the summer, and other Alaska companies are likely to follow suit. That compares to a final price in 2020 of just $1.06.

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