IFQs & Federal Fisheries

November 2, 2023

We saw continued interest in 3A halibut this week, with a sale today of 1,800 pounds 3ACB at $28.00, unfished. We've seen virtually no interest in sablefish quota recently, and no interest in halibut quota outside of 3A and 3B. 

The IPHC is starting to release data from their 2023 Fishery Independent Setline Survey (FISS). Although most of it is still preliminary and we won't have final numbers until later this week, the data doesn't look so hot. I haven't had a chance to really dig into this data yet, so I don't feel comfortable providing commentary this week, but we'll circle back to it next week. If you have some free time to play around with these graphs, I'd love to hear your thoughts (just reply to this email). IPHC will continue to post documents and data throughout the month, before the virtual Interim Meeting November 30-December 1.

ASMI's October Groundfish Report shows the groundfish fleet has harvested 73% of the TAC through the end of September. By volume, the fleet is up 9% YOY, due to a higher pollock TAC and harvest. 

The statewide sablefish and halibut harvest is definitely slowing down. The amount of the sablefish TAC harvested to date rose by 1% in the last week; CG, WG and WY all saw no change week over week. The percentage of the halibut TAC harvested to date also rose 1% this week, with areas 4B and 4C/D showing no change. Other halibut and sablefish areas rose by 1-4%. And, compared to this same time last year, the percentage of the overall halibut TAC landed to date is within 0.75% of last year's, which is kind of interesting.

The statewide sablefish TAC is 58% harvested, with AI at 10%, BS at 54%, CG at 64%, SE at 77%, WG at 67%, and WY at 82%. The statewide halibut TAC is 82% harvested, with 2C at 86%, 3A at 89%, 3B at 87%, 4A at 63%, 4B at 39% and 4C/4D at 72%. See the full report here