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Analysis

Norwegian saithe prices go through roof as processors turn to alternate species

Auction prices for H&G frozen saithe have gone ballistic in the last few weeks, as more processors are forced to turn to the species with cod quotas likely to hit record lows next year

By Dan Gibson | Oct. 31, 2024 10:22 GMT
Fresh H&G saithe. Credit: Ingrid Maasik / Shutterstock
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Prices for headed and gutted frozen saithe on Norway's domestic auction have hit an unprecedented high in the last week (Oct. 21-27) as the species finds itself in higher demand than ever among processors forced to find alternatives ahead of what is expected to be a significant Barents Sea cod quota cut in 2025. [...]

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