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Fishermen of baby eels expect high price as stocks dry up

March 12, 2018 — ROCKPORT, Maine — Members of Maine’s baby-eel fishing industry are expecting high prices for the tiny fish this year because of a shortage on the international market, and sushi lovers could end up feeling the pinch.

Maine is the only U.S. state with a significant fishery for baby eels, or elvers. The tiny, translucent eels are sold to Asian aquaculture companies to be raised to maturity for use as food. They’re a key piece of the worldwide supply chain for Japanese dishes such as unagi, and some eventually make it back to the U.S.

The eels sold for about $1,300 per pound at the docks last year, about on par with an ounce of gold, and are already one of the most lucrative fisheries in the country on a per-pound basis. Fishermen in Asia are seeing a poor harvest this year, and European eel fisheries are cracking down on poaching, said state Rep. Jeffrey Pierce, a Dresden Republican and consultant to the elver fishery.

That means Maine’s elvers will be in higher demand, and prices could be higher for consumers.

Read the full story from the Associated Press at the Washington Post

Maine’s lucrative elver harvest might be allowed to grow by millions of eels

February 7, 2018 — Maine fishermen might be allowed to catch millions more baby eels next year, regulators said Tuesday.

Baby eels, called elvers, are typically worth more than $1,000 per pound at the docks in Maine. Maine is the only U.S. state with a significant fishery for elvers, which are sold to aquaculture companies to be raised to maturity and used as food.

The Atlantic States Marine Fisheries Commission limits Maine fishermen to 9,688 pounds of elvers per year, but on Tuesday it unveiled new rules that could increase that total to 11,479 pounds. There are more than 2,000 elvers in a pound.

Members of the eel fishing industry, as well as some chefs and seafood dealers, have called for the added quota because of years of stewardship in Maine to keep the elver population healthy. The state’s elvers are worth so much in part because foreign stocks of eels have dried up.

“Maine has addressed poaching in a very successful manner,” said Jeffrey Pierce, a consultant to Maine’s elver industry. He cited a swipe card system that allows the state to “track every elver from stream to exporter.”

The fisheries commission voted Tuesday to send the proposed new fishing rules out for public comment. It must vote on the new rules for them to take effect and could do so as soon as May. This year’s elver fishing season begins next month and will be limited by the current quota.

Read the full story from the Associated Press at the Portland Press Herald

 

Baby eel lottery is a go in Maine, where elver fishing pays

July 14, 2017 — AUGUSTA, Maine — Maine is implementing a new lottery system for licenses to fish for baby eels, which are worth more than $1,000 per pound on the worldwide sushi market.

Baby eels, called elvers, are a major fishery in Maine, where fishermen sell them to dealers so they can be sent to Asian aquaculture companies to be raised to maturity and used as food. But industry members and lawmakers have said the fishery needs a way to bring new people into the business because many elver fishermen are nearing retirement and there is no way to get a license.

The Legislature approved a permit lottery system last month. The law will likely be in effect by late October, said Rep. Jeffrey Pierce, a Dresden Republican who serves as a consultant to the elver industry. The law states that the first lottery could be held next year on or before Feb. 15.

“At some point you have to ask: How low do you want your license numbers to go?” Pierce said. “They don’t have to hold a lottery every year, but they do have the ability if they want to.”

Read the full story from the Associated Press at The Sentinel 

Weather gives fishermen hope for ultra-pricey baby eel catch

PORTLAND, Maine (March 17, 2016) — Maine’s annual rush to catch valuable baby eels prized by expensive restaurants and Asian markets likely will be more successful this year because of warmer weather, fishermen say.

Baby eels cost more at the dock than any other fishery in the state, and are among the most lucrative in the country, sometimes fetching more than $2,000 per pound. Maine has the only significant baby eel fishery in the country, and the season begins Tuesday.

But Maine’s baby eel, or elver, fishermen are coming off a difficult year. Fishermen caught less than 5,300 pounds of the baby eels against a quota of nearly 10,000 in 2015. Many fishermen blamed the slow year on a cold spring, in which the rivers where elvers swim in the spring still were frozen in late March.

Prospects are much better for this year, because rivers are running and temperatures are higher, said Rep. Jeffrey Pierce, a Dresden Republican and adviser to the Maine Elver Fishermen Association.

“There’s every reason to expect everyone will catch their quota,” Pierce said. “Last year at this time we were still snowmobiling on the Kennebec River.”

See the full story from the Associated Press at The Day

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