Russia's wild catch fell 8% in first three quarters as prices weakened

Russia's wild catch totaled 3.87 million tons as of October 1, marking an 8% decrease from the previous year. The majority of the catch was in the Far East, accounting for 75% of the total. The species composition included 1.7 million tons of pollock and 329,000 tons of Pacific herring. Despite the decrease in overall catch, domestic prices have weakened, with Far East pollock and herring prices experiencing a decline of 14.3% and 2.2% respectively.

As of October 1, the total wild catch in Russia was 3.87 million tons, down 8% year-on-year, of which 2.9 million tons were caught in the Far East, 367,200 tons in the north, 56,100 tons in the west, and 385,300 tons in international waters. By species, the Far East produced 1.7 million tons of pollock, roughly the same as last year, and 329,000 tons of Pacific herring, up 17%. Rosrybolovstvo's assessment is that wild catches have remained roughly stable, and domestic prices have tended to weaken, especially in the Far East. On September 30, the Far East pollock price fell 14.3% from the beginning of the year to RUB 96/kg ($1.1/kg), and the herring price fell 2.2% to RUB 87/kg. In central Russia, the price of ...