IFQ August 2023

HALIBUT

At the time of this writing, approximately 35% of the halibut TAC has been landed, with most landings occurring in areas 2C, 3A, and 3B. Landings in Area 4 continue to lag. Reports from the grounds remain mediocre. Dock prices have increased slightly due to reduced effort related to salmon seasons. Sales activity remains slow. We expect the market to remain quiet through the summer.

SABLEFISH

At the time of this writing, 36% of the sablefish TAC has been landed. Sales activity remains minimal as ex-vessel prices and grade continue to be weak. Reports from the grounds indicate relatively positive catch rates, albeit for medium to small sized fish. We expect that sales activity will be slow until ex-vessel prices improve. Availability of leasable IFQ will be high in the late summer and fall.