IFQ August 2022

HALIBUT

At the time of this writing, approximately 40% of this year’s halibut TAC has been landed, with most effort still focused in 2C and 3A. Ex-vessel prices remain strong, but there are mixed reports from the grounds. Limited activity in areas 4A and 4B despite reduced asking prices. Activity has slowed a little, likely due to higher quota prices and effort shifted to salmon fisheries. We expect activity to increase as salmon seasons wrap up.

SABLEFISH

At the time of this writing, approximately 40% of the sablefish TAC has been landed, with over 50% of the SE and WY allocations caught. Price has strengthened somewhat, primarily for higher grades. Low sales activity for QS has continued through the summer. Availability remains high in most areas. and Buyers remain reluctant to meet asking prices at the current time.