Tag Archives: quota cut

Alaska’s Bering Sea snow crab quota down 50 percent

snow crab alaskaIn mixed news for Alaska’s crabbers, the state’s Department of Fish and Game announced the opening of the Bering Sea snow crab season will take place on 15 October, but with an allotted catch that is half that of last season’s. A report released Thursday, 6 October by Fish and Game put the total allowable catch (TAC) for the 2016/17 season at 21.57 million pounds, which would be the fishery’s lowest in 45 years. Around 19.4 million pounds of the TAC will go to the individual fishing quota, with the rest going to the community development quota. “We’ve seen a declining trend since the 2006/7 season,” said Robert J. Foy, the head of NOAA’s “Crab Lab” in Kodiak. Read the rest here 11:44

Snow crab harvest slashed by 40% compared to last season

Crabbers’ fears of diving quota came true with the third-lowest snow crab harvest limit since 2005. The quota cut represents nearly a third of the entire snow crab harvest’s value last year. Between 2005 and 2014, the average price for Bering Sea snow crab was $1.86 per pound. At 40.6 million pounds, it comes to $50.2 million, or 31 percent of last year’s harvest value.In comparison to recent years, the value loss is even higher. Snow crab prices in the 2010s are the highest they’ve ever been; they haven’t dipped below $1.86 per pound since 2010. Last year, snow crab’s $2.37 per pound,,, Read the rest here 09:14