May 2, 2024 — U.S. regulators decided Wednesday to allow American fishermen to harvest thousands of pounds of valuable baby eels in the coming years, even as authorities have shuttered the industry in Canada while they grapple with poaching.
Baby eels, also called elvers, are harvested from rivers and streams by fishermen every spring. The tiny fish are sometimes worth more than $2,000 per pound because of their high value to Asian aquaculture companies.
The Atlantic States Marine Fisheries Commission decided Wednesday that U.S. fishermen will be allowed to harvest a little less than 10,000 pounds (4,536 kilograms) of the eels per year. That quota, which holds current levels, will stand through at least 2027 and could be extended beyond that year, the panel decided.