IFQ News January 2021

HALIBUT

There have been steady but modest sales of halibut quota up to year-end 2020. Transactions have remained concentrated in area 3B, with some sales activity in area 3A. In areas 2C, 4A, 4B, and 4CDE, sales acitivity remains minimal. Market activity will increase upon release of the net year’s TAC as harvesters determine their 2021 fishing plans.

SABLEFISH

There has been very little activity related to sablefish quota toward years-end 2020. At the time of this writing, the NFFMC is meeting to determine sablefish harvest guidelines for 2021. The AI/BS regulatory areas are expected to receive significant TAC increases, with a 25% increase expected in the GOA. We anticipate increased sales volume once the 2021 TAC has been set.