Chance of More AK Halibut Sends Prices for Hard to Get IFQs Through the Roof (Fish Radio)
SEAFOODNEWS.COM [Fish Radio with Laine Welch] October 7, 2015
This is Fish Radio. I’m Laine Welch – Halibut quota shares are higher priced than ever – I’ll tell you more after this –
Anticipation that there might be more halibut to catch next year has pushed IFQ prices into the nose bleed area. But good luck finding any to buy, trade or sell.
"Because the sellers don’t want to sell – there is hardly any quota on the market. You can sometimes survey all the broker sites and you won’t see one pound of 2C or 3A and very little 3B quota on the market. And sellers who do decide to sell quota, want top dollar for it, again because they believe the quota is going up. And there are enough buyers out there who believe the catch limits in those areas at least are going up they are willing to pay record high prices."
To Read Full Story Login Below.