April 5, 2019 — Maine’s elver fishery got its start on 22 March, and at two weeks in, the average price-per-pound is sitting well above historical averages.
Maine’s elver fishery made headlines last year as the prices being paid for the baby eels hit historic highs, with some reporting getting prices of over USD 2,500 (EUR 2,225) per pound. Maine Department of Marine Resources landing statistics show that the fishery brought in USD 21.7 million (EUR 19.3 million) in 2018, with an average seasonal price of USD 2,366 (EUR 2,105) per pound, making it the second-most valuable fishery in the state behind lobster.
This year, the numbers are tracking significantly lower than the same period in 2018. In 2018, by 1 April, the fishery had already generated USD 1.4 million (EUR 1.25 million) in value, with a catch of 559 pounds. However, on 3 April of this year, the value has been reported at half of what it was in 2018, at USD 755,869 (EUR 672,844) and the total harvest sits at just over 460 pounds.
Despite the smaller numbers, 2019 is still well above average compared to years past, Maine Department of Marine Resources Director of Communications Jeff Nichols told SeafoodSource. Average price-per-pound in 2010, for example, was just USD 185 (EUR 164.68).
“At over USD 1,600 [EUR 1,424] a pound, the value is still significant relevant to the historic norm,” he said.