IFQs & Federal Fisheries

January 26, 2024

The IFQ market is also starting to wake back up. Last week, before the numbers were announced, 3ACU was selling between $29.00 and $30.00 on 2024 TAC. In the black cod world, there were a few sales of SECU at $8.00 on 2024 TAC last week.

The IPHC Annual Meeting was held in Anchorage this week. The TCEY (total removals, including charter, recreational, subsistence, bycatch, etc.) and the TAC (the total allowable catch for the directed IFQ fishery) are below. For IFQ holders, the changes in TAC are what will affect your holdings. For a full report of the IPHC meeting, click here

The season opens at 06:00 March 15, 2024 and closes at 23:59 December 7, 2024.


The next NPFMC meeting is coming up, February 5-12 in Seattle. It's a packed agenda, including final action on an initial review of red king crab closure areas in Bristol Bay, and harvest specs for Cook Inlet salmon. They'll review definitions of pelagic trawl gear and a discussion paper on GOA Tanner crab protections. The SSC will look at releasing small sablefish. If you care about any of these things, please submit a comment! The deadline is noon on February 2.

A few reminders:

IPHC is still accepting bids for survey boats. Click here if you're interested, the deadline is February 3.

IFQ cost recovery fees have been posted to eFish accounts and are due by January 31, 2024. These fees can no longer be paid by check - they must be paid by credit card or bank transfer. RAM won't issue your permits until these fees are paid.

All Federal Fisheries Permits (FFPs) expired December 31, regardless of when they were issued. FFPs can be renewed online through your eFish account and the new permits are available to print immediately. Fishing Pcod? Make sure your endorsement is on, and your VMS if required. 

Need 2024 landing cards or vessel licenses? Get them online here