Bristol Bay sockeye run forecast for 2027
Short Answer
1. Market Behavior & Drivers
- On November 6, 2026, the ADF&G announced a 49.31 million fish forecast.
- This figure definitively places the 2027 run within the 49 to 55 million fish range.
- The earlier UW-FRI preliminary forecast projected a lower 44.2 million fish run.
Who Wins and Why
| Outcome | Market | Model | Why |
|---|---|---|---|
| Between 37 and 42.99 million | 1.0% | 0.0% | ADF&G officially announced a 2027 sockeye run forecast of 49.31 million fish, significantly above this range. |
| Above 55 million | 25.0% | 0.0% | ADF&G officially announced a 2027 sockeye run forecast of 49.31 million fish, which is below 55 million. |
| Between 49 and 55 million | 96.0% | 94.8% | ADF&G officially announced a 2027 sockeye run forecast of 49.31 million fish, which is within this range. |
| Between 43 and 48.99 million | 2.0% | 0.0% | ADF&G officially announced a 2027 sockeye run forecast of 49.31 million fish, which is above this range. |
| Between 29 and 36.99 million | 1.0% | 0.0% | ADF&G officially announced a 2027 sockeye run forecast of 49.31 million fish, significantly above this range. |
Current Context
Sources (15)
- 1Advisory Announcementadfg.alaska.gov
- 2Fishing Announcements - Bristol Mapsapp.bristolmaps.com
- 3UW-FRI Early Advisory Projects 44.2 Million Sockeye for 2027 Bristol Bay Runseafoodnews.com
- 4Preliminary preseason forecast for Bristol Bay Sockeye Salmon in 2027 (UW-FRI)uaf.edu
- 5Bristol Bay 2027 sockeye forecast to fall below 50 million, ending an 11-year runalaskanews.com
- 6Bristol Bay sockeye run forecast for 2027: Odds & Chart | 4Search Finance4search.com
- 7Preliminary 2027 forecast for Alaska's Bristol Bay fishery predicts more, smaller sockeye | Alaska Beaconalaskabeacon.com
- 8Alaska Beacon: Preliminary 2027 forecast for AK’s Bristol Bay fishery predicts more, smaller sockeyealaskafish.news
- 9Preliminary 2027 forecast for Alaska’s Bristol Bay fishery predicts more, smaller sockeyejuneauindependent.com
- 10Bristol Bay comes off decade of historic runs with moderate and early returns in 2026alaskapublic.org
- 11Bristol Bay comes off decade of historic runs with moderate and early returns in 2026kdlg.org
- 12AK Bristol Bay Salmon Set Gillnet Fishery - MMPA List of Fisheries | NOAA Fisheriesfisheries.noaa.gov
- 13Bristol Bay salmon INdustrypebblescience.org
- 14Preliminary 2027 forecast for Alaska’s Bristol Bay fishery predicts more, smaller sockeye | | bdavison.bloxcms.combdavison.bloxcms.com
- 15ECONOMIC BENEFITS OF THE BRISTOL BAY SALMON INDUSTRYbbnc.net
2. Price Chart
Historical Price (Probability)
3. Significant Price Movements
Notable price changes detected in the chart, along with research into what caused each movement.
📈 November 06, 2026: 81.0pp spike
Price increased from 15.0% to 96.0%
Outcome: Between 49 and 55 million
Sources (6)
- 1Advisory Announcementadfg.alaska.gov
- 2Fishing Announcements - Bristol Mapsapp.bristolmaps.com
- 3Bristol Bay sockeye run forecast for 2027 Odds & Predictionskalshi.com
- 4Bristol Bay 2027 sockeye forecast to fall below 50 million, ending an 11-year runalaskanews.com
- 5UW-FRI Early Advisory Projects 44.2 Million Sockeye for 2027 Bristol Bay Runseafoodnews.com
- 6Background and Summary Our 2027 preliminary Bristol Bay run size forecast is 44.2 million sockeye salmon, with a projected harvest of 28.6 million fish (158 million pounds). The formal UW-FRI Preseason Forecast Summary The UW-FRI Preliminary (August) Preseason Forecast for 2027 Bristol Bay sockeye salmon run size is 44.2 The projected 2027 inshore harvest is 28.6 million sockeye salmon or 158 million pounds,alaskasalmonprogram.org
4. Market Data
Contract Snapshot
This specific contract, "Bristol Bay sockeye run forecast for 2027 - Between 49 and 55 million," resolves "YES" if the 2027 Bristol Bay sockeye run forecast is between 49 million and 55 million, inclusive. It resolves "NO" if the forecast is outside this range (below 49 million or above 55 million). Trading begins December 4, 9:00 AM EST, with payouts scheduled for December 4, 2026, based on the aforementioned 2027 forecast.
Available Contracts
Market options and current pricing
| Outcome bucket | Yes (price) | No (price) | Last trade probability |
|---|---|---|---|
| Between 49 and 55 million | $0.94 | $0.27 | 96% |
| Above 55 million | $0.07 | $1.00 | 25% |
| Below 29 million | $0.02 | $1.00 | 2% |
| Between 43 and 48.99 million | $0.45 | $0.99 | 2% |
| Between 29 and 36.99 million | $0.02 | $0.99 | 1% |
| Between 37 and 42.99 million | $0.16 | $0.98 | 1% |
Market Discussion
The Alaska Department of Fish and Game (ADF&G) announced an official forecast of 49.31 million Bristol Bay sockeye salmon for 2027 on November 6, 2026 [1][2]. This "strong" forecast is 3% below the 20-year average but 31% above the long-term average, and represents an upward revision from an earlier preliminary projection [1][2][3][4]. Subsequently, on November 7, 2026, the relevant prediction market priced the 'Between 49 and 55 million' outcome at 88–96% probability [5][6].
Sources (6)
- 1Advisory Announcementadfg.alaska.gov
- 2Fishing Announcements - Bristol Mapsapp.bristolmaps.com
- 3Preliminary 2027 forecast for Alaska's Bristol Bay fishery predicts more, smaller sockeye | Alaska Beaconalaskabeacon.com
- 4Bristol Bay 2027 sockeye forecast to fall below 50 million, ending an 11-year runalaskanews.com
- 5Bristol Bay sockeye run forecast for 2027 - Kalshi Odds | CoinRithmcoinrithm.com
- 6Bristol Bay sockeye run forecast for 2027 — Live Odds | Frenzy Capitalfrenzycap.com
5. Trust Index
Order book is critically thin.
Primary risk· Trade quality
Market integrity is low (66), but Integrity averages all three scores, so the other two pull it up. Only a critically low score would cap the total.
Includes the cost to trade: a $1,000 order can't be filled here because the order book is too thin.
Weighted blend with hard caps — a critically weak safety pillar, or a severe trading anomaly, caps the total regardless of the rest. Full methodology · About the Trust Index
6. How accurate have the Alaska Department of Fish and Game's (ADF&G) November forecasts for the Bristol Bay sockeye run been compared to the final run sizes over the last 10 years?
| ADF&G Preseason Forecast Average Error | Approximately 15% [1] |
|---|---|
| ADF&G Average Under-forecast (since 2005) | 15% [2][3] |
| ADF&G Harvestable Surplus MAE (since 2005) | 17% [2] |
Sources (5)
- 1UW-FRI Preliminary Preseason Forecast for 2027bbrsda.com
- 22025 Bristol Bay Sockeye Salmon Forecast - Advisory Announcementadfg.alaska.gov
- 3Alaska officials predict strong Bristol Bay salmon run in 2025seafoodsource.com
- 42023 Bristol Bay Sockeye Salmon Forecast - Advisory Announcementadfg.alaska.gov
- 5The Preliminary Preseason Forecast for Bristol Bay Sockeye Salmon in...facebook.com
7. What are the key differences in the forecasting models and underlying data used by the ADF&G versus the University of Washington's Fisheries Research Institute (UW-FRI) for the 2027 run?
| ADF&G 2025 Bristol Bay Forecast | 51.31 million sockeye [1] |
|---|---|
| UW-FRI 2027 Preliminary Forecast | 44.2 million sockeye salmon [2][3] |
| ADF&G Average Underforecast (last 20 years) | 14% [4] |
Sources (6)
- 1So Far ADF&G Sees “Excellent” Pink Salmon Run in Kodiak, AK Peninsula...seafoodnews.com
- 2Preliminary preseason forecast for Bristol Bay Sockeye Salmon in 2027 (...uaf.edu
- 3The Preliminary Preseason Forecast for Bristol Bay Sockeye Salmon in...facebook.com
- 42026 Bristol Bay Sockeye Salmon Forecast - Advisory Announcementadfg.alaska.gov
- 5Preliminary 2027 forecast for Alaska's Bristol Bay fishery predicts more...newsfromthestates.com
- 6Preliminary 2027 forecast for Alaska's Bristol Bay fishery predicts more...alaskabeacon.com
8. What key environmental indicators between late 2026 and mid-2027 could cause the actual Bristol Bay sockeye run to deviate significantly from the ADF&G's 49.31 million forecast?
| Most Critical Late-2026 Indicator | 2026 juvenile Bering Sea survey [1] |
|---|---|
| Projected 2027 Run Size (NOAA/ADF&G 2025) | 44.8 to 48.3 million salmon [1] |
| UW-FRI Preliminary Forecast Model Error | Approximately 20% [1] |
9. What is the schedule for key data releases from agencies like NOAA and ADF&G between January and June 2027 that could serve as leading indicators for the sockeye run?
| EBS Juvenile Forecast Release | Revised forecast expected in spring 2027 [1] |
|---|---|
| ADF&G In-season Harvest Summaries Availability | Mid-May through September 2027 [1][2] |
| NOAA Seasonal Climate Forecast Schedule (Jan-Jun 2027) | No specific schedule for key data releases identified [3][4] |
Sources (4)
- 1Preliminary preseason forecast for Bristol Bay Sockeye Salmon in 2027 (...uaf.edu
- 2Inseason Alaska Commercial Salmon Summaryadfg.alaska.gov
- 3Preliminary 2027 forecast for Alaska's Bristol Bay fishery predicts more...alaskabeacon.com
- 4Preliminary 2027 forecast for Alaska's Bristol Bay fishery predicts more...newsfromthestates.com
10. What evidence from the 2025 NOAA and ADF&G juvenile surveys supports the forecasted age composition (e.g., two-ocean vs. three-ocean fish) for the 2027 run?
| Preliminary 2027 Total Run Size | 44.2 million sockeye salmon (UW-FRI preliminary forecast) [1] |
|---|---|
| 2027 Run 2-Ocean Sockeye | 54% (24.0 million fish) [1][2][3][4] |
| 2027 Run 3-Ocean Sockeye | 46% (20.2 million fish) [1][2][3][4] |
Sources (4)
- 1Preliminary preseason forecast for Bristol Bay Sockeye Salmon in 2027 (...uaf.edu
- 2Preliminary 2027 forecast for Alaska's Bristol Bay fishery predicts more...newsfromthestates.com
- 3Preliminary 2027 forecast for Alaska's Bristol Bay fishery predicts more...alaskabeacon.com
- 4Juvenile sockeye abundance backs forecast for smaller Bristol Bay...linkedin.com
11. What Could Change the Odds
Key Catalysts
Key Dates & Catalysts
- Strike Date: November 27, 2026
- Expiration: December 04, 2026
- Closes: December 04, 2026
Sources (9)
- 1Advisory Announcementadfg.alaska.gov
- 2Fishing Announcements - Bristol Mapsapp.bristolmaps.com
- 3Background and Summary Our 2027 preliminary Bristol Bay run size forecast is 44.2 million sockeye salmon, with a projected harvest of 28.6 million fish (158 million pounds). The formal UW-FRI Preseason Forecast Summary The UW-FRI Preliminary (August) Preseason Forecast for 2027 Bristol Bay sockeye salmon run size is 44.2 The projected 2027 inshore harvest is 28.6 million sockeye salmon or 158 million pounds,alaskasalmonprogram.org
- 4Alaska salmon fishermen see slower start in Bristol Bay this yearintrafish.com
- 5Preliminary 2027 forecast for Alaska’s Bristol Bay fishery predicts more, smaller sockeye | | bdavison.bloxcms.combdavison.bloxcms.com
- 62026 Salmon Forecast | Watershed Watch Salmon Societywatershedwatch.ca
- 7Bristol Bay comes off decade of historic runs with moderate and early returns in 2026alaskapublic.org
- 8Bristol Bay comes off decade of historic runs with moderate and early returns in 2026kdlg.org
- 9ALASKA: Mediocre Bristol Bay catch offset by soaring sockeye prices - Saving Seafoodsavingseafood.org