Salmon permit prices plunge while halibut soars

alaska-halibut__frontFire sale salmon prices last year and a dim outlook for the upcoming season have caused the value of Alaska fishing permits to plummet. At the other extreme, the prices for halibut catch shares have soared to “unheard-of levels,” according to Olivia Olsen of Alaskan Quota and Permits at Petersburg. This year’s small increase in the halibut quota combined with hopes of a repeat of $6 to $7 per pound prices was enough to send quota share prices skyrocketing.  “There was a big rush after the halibut numbers were announced in late January,” said Olsen of Petersburg. Read the rest here 10:32

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