Tag Archives: plummeting prices

Maine elver fisherman dealing with lower eel prices during the coronavirus crisis

Elvers were often worth less than $200 per pound until 2011, when international sources of the eels dried up and the Maine price jumped to nearly $900 per pound. They’ve been worth more than $800 every year since, and hit a high price of more than $2,360 in 2018. Some fishermen call the elvers “wriggling gold,” but this year, the catch is only selling for about $500 per pound. Industry members are blaming concerns about the coronavirus for the plummeting prices. “We’re just going to the river and we’re going straight home,” said Julie Keene, an elver fisherman from the Lubec area. “Price is a lot less than normal. I think we’ve been greatly affected.” >click to read< 10:25