OBI Seafoods CEO Mark Palmer: Alaska's sinking salmon market 'keeps me up at night'

Palmer pointed to the USDA as one solution for how Alaska processors can get out of their current financial crisis.

"We're now carrying way more frozen inventory than we would have expected to, and borrowing costs are a little over double," said Mark Palmer, CEO of OBI Seafoods. — "We're now carrying way more frozen inventory than we would have expected to, and borrowing costs are a little over double," said Mark Palmer, CEO of OBI Seafoods.Photo: Ocean Beauty

Rachel Sapin

Mark Palmer OBI Seafoods Alaska salmon Bristol Bay China

Published 31 October 2023, 20:07Updated 31 October 2023, 20:07