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ALASKA: Crabbers holding out hope for high prices after cuts

October 19, 2016 — Despite a grim beginning to the season, members of the crab industry are holding out hope for high prices and a late fishery.

The Alaska Board of Fisheries hasn’t yet decided whether to review harvest guidelines for Eastern Bering Sea Tanner crab and potentially open the season in January or earlier, or leave the fishery closed entirely for the next two years. Meanwhile, the Alaska Department of Fish and Game cut the quota for snow crab by 50 percent and for Bristol Bay red king crab by 15 percent.

Despite the cuts, crab industry stakeholders say the season for Bristol Bay red king crab is moving along at more than a healthy clip.

“Some good news from the grounds, the crab look good. They’re heavy. There’s a lot of small crab, females. Folks are seeing pots just plugged with crab — so full they can’t get another one in,” said Jake Jacobsen, director of the Inter-Cooperative Exchange, a crab harvesting cooperative with 188 members that together harvest 70 percent of Alaska’s crab.

Jacobsen said that given the density of the fishing, he wonders why the surveys that measure abundance didn’t pick anything up.“The reports I’ve got, maybe the people who aren’t doing so well don’t say anything,” he said. “There’s a lot of very optimistic reports from the grounds. I’m not sure what happened with the survey last summer.”

Read the full story at the Alaska Journal of Commerce

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