Saving Seafood

US regulators maintain fishing quota for valuable baby eels, even as Canada struggles with poaching

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.

Read the full story at the AP

Maine’s fisherman report record $890M haul

May 3, 2022 — Maine’s commercial fishing industry set a new record last year, with a historic haul valued at more than $980 million, according to newly released data.

Figures from the state Department of Marine Resources show the value of fish landings jumped by more than $350 million between 2020 and 2021, breaking a previous record.

By far, lobster landings were the most valuable commercial fishery in Maine last year, with more than $730 million in landed value at an average wholesale price of $6.71 per-pound, according to the state agency. Lobsters were followed by soft shell clams, which were the second-most valuable species, with harvesters reporting more than $25 million in sales.

Elver fishermen reported more than $16 million in landings, making it the third most valuable fishery last year, the agency said. The elver fishery grew from $525 to $1,831 per pound between 2020 and 2021, according to the landings data.

Read the full story at The Center Square 

Maine’s most lucrative fishery closes the season at an eye-popping $2,100 a pound

April 26, 2022 — The season for baby eels known as elvers is close to winding down, with dealers buying more than 9,200 pounds valued at an average price per pound of $2,161.

The Maine Department of Marine Resources, which released the harvest numbers, said the price per-pound was a 20% increase over last year, when elvers sold for $1,800 a pound.

The average per pound value this year has also exceeded $2,000 per pound for only the fourth time in the history of the fishery, the Department of Marine Resources said.

Most of the elvers are sold to Asian aquaculture companies, which use them as seed stock so they can raise the eels to maturity. They’ll eventually be used in Japanese dishes and some will return to the United States for use in sushi restaurants.

Read the full story at Mainebiz

 

Maine baby eels reach near-record prices as season ends early

April 18, 2022 — While their appearance is glass-like and puny, Maine elvers come with a price tag that’s a shock to many.

One pound of elvers, also known as baby glass eels, sells for more than $2,000, beating out a pandemic slump of just over $500 per pound, according to the Maine Department of Marine Resources.

These eels are on the rebound, as many close to the industry said this is the best season they’ve had in recent history. This season was so productive. In fact, the limits will be reached before May, more than a month before their expected end date.

But why so expensive? These elvers may be two inches now but can grow up to five feet long.

These eels will also be shipped across the world to China and Japan, where they will be farmed for their meat.

Read the full story at News Center Maine

China’s ongoing COVID lockdowns threaten Maine’s baby eel season

March 22, 2022 — Warm weather this spring may boost catches of lucrative baby eels in Maine, but the ongoing effects of the covid pandemic still could hamper the global availability of the popular seafood item.

An abundance of eels during Maine’s 11-week elver season, which starts Tuesday, may not be able to overcome pandemic-related difficulties in shipping the eels to eastern Asia, where most elvers caught in Maine are raised to adulthood in aquaculture ponds in China and then sold into the enormous Japanese seafood market.

“As of now, the biggest challenge facing the industry this season will be the logistics of getting eels to their ultimate destinations,” said Mitchell Feigenbaum, a major distributor of Maine eels. “A severe COVID outbreak in Hong Kong combined with strict import controls have created great uncertainty in the market as the season prepares to open.”

China has maintained a “COVID zero” policy that in recent weeks has resulted in the country locking down areas where outbreak of the disease are detected, which potentially could inhibit the ability to ship Maine elvers to Chinese aquaculture sites. Because elvers have to be shipped live, the possibility of shipments being delayed and elvers dying en route can make things “very risky” for dealers, Feigenbaum said.

Read the full story at Bangor Daily News

Out of 2,600 applicants, 13 Mainers get licenses for elver harvesting this season

March 8, 2022 — Spring’s arrival will mean the reappearance of tiny baby eels in Maine’s estuaries — and of intrepid fishermen up before dawn hoping to net allowable quotas for excellent prices.

The baby eels are called “elvers” and they’ve been drifting northward since late winter from the Sargasso Sea, a region of the western Atlantic Ocean, south of Bermuda, where they were born. Their mission is to make it safely to inland waters and grow into adult eels.

At noon on March 22, a short harvest season will open that allows 425 Maine-based fishermen to net small amounts of elvers, most of which will be sold to Far East markets, where elvers are cultured and reared to adult size for the food fish market.

With elvers selling for $1,800 per pound in 2021, licenses are highly coveted, and fishermen hang onto them.

That’s why, when the Maine Department of Marine Resources opened a lottery for 13 licenses that became earlier this year, there were over 2,600 applicants.

Read the full story at Mainebiz

Maine baby eel fishermen to start season in coming weeks

March 1, 2022 — Maine’s baby eel fishermen are hopeful for another year of high prices for the tiny fish as the season nears.

The fishing season for baby eels, which are called elvers, starts in about three weeks. They’re valuable because they’re sold to Asian aquaculture companies that raise them to maturity so they can be used as food.

Read the full story at AP News

2 Maine eel dealers face charges after illegal sales cut lucrative fishing season short

January 28, 2019 — Illegal sales of baby eels that caused last year’s abrupt closure of Maine’s elver fishery have resulted in criminal charges for two baby eel dealers and new rules from the state proposing closer oversight of the lucrative fishery.

The alleged criminal behavior, in which some dealers are accused of using prohibited cash transactions to conceal baby eel purchases from the state’s mandated electronic sales monitoring system, is the latest illicit scheme to be uncovered in Maine’s baby eel fishery.

Ever since the value of the eels, also known as elvers, jumped from an average price of $100 per pound a decade ago to more than $2,300 per pound last year, fishery regulators have had to contend with increased poaching and smuggling.

The Maine dealers accused of making illegal cash purchases of elvers last spring are Roger Bintliff and Freddie Mei, according to Jeff Nichols, spokesman for the state Department of Marine Resources.

Read the full story at Bangor Daily News

Illegal eels: Maine’s elver fishery faces more poaching charges

May 25, 2018 — The Maine Department of Marine Resources decided to shut down the state’s lucrative elver fishery two weeks early, claiming that illegal sales are jeopardizing the agency’s ability to manage the fishery properly.

The DMR announced late Tuesday afternoon that all harvesting operations must halt by 6 a.m. on Thursday, May 24.

Elver dealers and fishermen are required to use an electronic swipe card system that allows regulators to track the fishery in real time. But a Maine Marine Patrol investigation concluded that some dealers are paying less than the going rate — $2,400 per pound, on average — in cash and keeping the transactions off state records.

“The future of this lucrative fishery is now in question,” DMR Commissioner Patrick Keliher said in a prepared statement. “We clearly have to consider additional measures to ensure that Maine can remain compliant with [catch limits], that we can continue to protect our state’s valuable marine resources, and that we can hold accountable anyone who chooses to squander the opportunity those resources represent.”

Read the full story at National Fisherman

 

Maine ends elver season early amid claims of illegal sales

May 24, 2018 — Maine’s lucrative elver fishery will shut down two weeks early — at 6 a.m. Thursday — due to what state regulators said Wednesday are illegal sales that jeopardize the Department of Marine Resources’ ability to manage the fishery.

A Maine Marine Patrol investigation allegedly revealed that some elver dealers in Maine were paying substantially less per pound in cash for elvers than those that were harvested and accounted for through the state’s new swipe card system, according to a release from the DMR.

In March, the price per pound for baby eels, also known as elvers, hit a record high of $2,700 to $2,800 per pound.

The shutdown comes through emergency rulemaking.

An investigation continues, and charges will be filed against dealers and harvesters who bought and sold elvers without using the state’s swipe card system.

Read the full story at the Bangor Daily News