Permits & State Fisheries

December 28, 2023

Bristol Bay drift permits continued to hang out at $132,000 this week. Following ADFG's "strong" forecast at Chignik, our lowest asking price is now $85,000 for a Chignik seine permit. 

ADFG announced a GHL for Sitka herring of 81,246 tons, noting it's the largest ever forecast or estimate of spawning biomass for Sitka Sound herring. Lack of market interest, however, will likely keep the actual harvest far below the GHL.