02/06/2024

Fishing Regulators Say, "No," to Catching More of This Most Valuable Species

The tiny baby eels are often worth more than $2,000 per pound

Fishermen who harvest baby eels, one of the most valuable marine species in the U.S., hoped for permission to catch more baby eels next year, but regulators said Monday the tight restrictions that have been in place for several years are likely to stay the same.

The tiny baby eels, which are often worth more than $2,000 per pound, are also called elvers. They are a critically important link in the worldwide supply chain for Japanese food. They are harvested from rivers and streams in Maine, sold to aquaculture companies and raised to maturity, then resold as food.

The Atlantic States Marine Fisheries Commission (ASMFC) needs to set a new quota for next year and beyond because the current management plan is expiring. The commission said Monday it's only considering one option for next year's limit and that is a little less than 10,000 pounds (4,535 kilograms), the same the level fishermen have been allowed to catch for several years.

Please select this link to read the complete article from ABC News.