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Wriggling gold: Fishermen who catch baby eels for $2,000 a pound hope for many years of fishing

March 14, 2024 — They’re wriggly, they’re gross and they’re worth more than $2,000 a pound. And soon, fishermen might be able to catch thousands of pounds of them for years to come.

Baby eels, also called elvers, are likely the most valuable fish in the United States on a per-pound basis – worth orders of magnitude more money at the docks than lobsters, scallops or salmon. That’s because they’re vitally important to the worldwide supply chain for Japanese food.

The tiny fish, which weigh only a few grams, are harvested by fishermen using nets in rivers and streams. The only state in the country with a significant elver catch is Maine, where fishermen have voiced concerns in recent months about the possibility of a cut to the fishery’s strict quota system.

Read the full article at ABC News

Maine elver fishing industry had one of its most successful seasons ever

May 10, 2022 — Maine’s baby eel fishing industry is wrapping up one of the most successful seasons in its history.

Maine is the only state in the country with a significant fishery for baby eels, which are also called elvers. The elvers are sold to Asian aquaculture companies that raise them to maturity for use as food.

Fishermen have just about tapped out the season’s quota of about 9,300 pounds of eels, state regulators said. The eels were worth nearly $20 million at the docks, with a per-pound price of $2,162, regulators said Monday.

The per-pound price was the third highest in state history, and the total value was at least the fifth highest, state records show.

Read the full story at News Center Maine

 

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