I've haven't been paying attention long enough to see, but what does a strong dollar normally do to our fish prices?
It does look like we'll get some reprieve at the fuel pump, if the lower prices eventually make their way up here.
Strong Dollar vs. Fish Prices
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Re: Strong Dollar vs. Fish Prices
A strong dollar means a weak yen and euro which makes our products more expensive for them. It makes our exports less competitive, and it makes imports cheaper for us.
Holding other variables constant, a strong dollar will normally mean lower x-vessel prices for our fish.
Holding other variables constant, a strong dollar will normally mean lower x-vessel prices for our fish.
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Re: Strong Dollar vs. Fish Prices
I agree with Curmudgeon about his market observation, based on the last 20 years that I've been paying attention. However, there are many factors that affect price. The good news: most TROLL caught fish are sold to domestic markets, so...don't buy a net yet...