Updates from Our Circle

Circle Seafoods has set its 2026 Southeast Alaska seine base prices at $0.61 (€0.52) per pound for pink salmon and $1.07 (€0.91) per pound for chum, and $2.50 (€2.14) per for sockeye…

Last winter, we wrote about delivering on our promises—two years of paying above-market prices, building retail demand for wild Alaska pink salmon, and bringing the Circle I processing barge to Metlakatla. We said the test wasn’t the press coverage; it was whether we could follow through.

In August 2024, the New York Times featured Circle Seafoods as a company trying something different: freezing wild Alaska salmon whole, at ultra-low temperatures, within hours of being caught, and selling it at a price that doesn’t require consumers to choose between quality and their grocery budget.

US salmon producer Circle Seafoods announced this week that its flagship freezer barge will return to southeast Alaska for its second summer buying wild-caught pink and chum salmon.

As part of Circle’s holistic approach to quality, we hosted a Seafood Workforce Development Specialist from Alaska Sea Grant to train production managers on essential leadership skills.

METLAKATLA, Alaska — Circle Seafoods will buy and process salmon in Metlakatla during the 2025 season as part of its mission to shape the future of the wild seafood industry.

Independent fishermen who adopt high-quality onboard practices aren’t just producing better fish. They’re creating a new class of product that deserves its own space in the market.

“We’re running full steam ahead,” Eren Shultz, co-founder of Circle Seafoods, told IntraFish.

If you’ve ever stood in the seafood aisle wondering what the difference is between pink salmon and sockeye salmon, you’re not alone. These two types of salmon are both popular, tasty, and packed with nutrients — but they’re not the same.

“We’re not selling this into farmers’ markets. We’re selling this into huge grocery stores, huge distributors. So that’s how we were able to pay more” — Eren Shultz, Circle Seafoods.

With the debut of its new Frozen Alaska Pink Salmon Fillets, Wild Alaska salmon processor Circle Seafoods is betting big on the “underdog” of the salmon world.

The economics of Alaska Wild Salmon are broken. Circle’s business model is predicated on delivering better-quality salmon at lower cost than other processors, generating higher demand at an affordable price.

Circle Seafoods anticipate their floating freezer vessel will head to Alaska once construction is complete

An alternative to the ages old way of processing Alaska salmon will arrive in Southeast Alaska this summer to buy pinks and chums directly from fishermen.

This episode gives you a double dose of salmon. First, we talk about two new innovative projects to make wild salmon, well, more like farmed salmon.

Pat Glaab, Northline’s former CEO, is now the CEO of Circle Seafoods, leading the company along with co-founders Charlie Campbell and Eren Shultz. Founded in 2022, Circle Seafood has the tagline “the economics of wild salmon are broken”…

Propellor, which invested in Circle in late 2022, likes the direct link between a sustainable food and a more efficient production system, which has clear climate benefits.

Propeller, a VC firm focused on oceans and climate, closed its inaugural fund at $117 million and has invested in 14 portfolio companies, the firm tells Axios exclusively.

Will the floating processor be a game changer for Alaska’s struggling salmon sector?

This year, prices for Alaska salmon dropped to abysmal lows. Can new industry players change that?

The proposed project was sparked by what fishermen saw as an unfair gap between what they were paid by major processors and rising retail prices.

But the company is committed to the project if it can arrange financing.

NEW YORK, NEW YORK , UNITED STATES , January 8, 2024 /EINPresswire.com/ — Steward, the online lending platform for regenerative agriculture, proudly announces its latest successful offering, raising $1.39M in less than 24 hours for a loan to Circle Seafoods. Steward’s participation is part of a larger $13M loan towards the construction of a mobile deep-freezing barge that will enhance Alaska’s sustainably-managed wild salmon fisheries and economies.