The news coming from the smoked salmon sector are bleak, with some producers talking about a "bloodbath," as reported by IntraFish.

But one analyst believes there's not much salmon producers can do.

Paul T. Andahl, market analyst at the Norwegian Seafood Council (NSC) -- like many others in the industry -- is seeing smokers and other salmon processors suffering from the striking fluctuations of raw material prices coming out of Norway.

“But what are the fish farmers to do about that -- should they sell to the lowest bidder?” he asked.

“The