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Halibut fishermen across the Pacific coast will be watching the International Pacific Halibut Commission in a few weeks to see what quotas and limits look like this year. The International Pacific Halibut Commission will meet online starting on Jan. 24. The commission, made up of representatives from the U.S. and Canada, sets the annual catch limits for halibut from the U.S.
Strong global and U.S. demand for sockeye salmon has pushed prices to near record highs and boosted fishermen’s paychecks. Silver Bay and Peter Pan Seafoods a few weeks ago increased their base prices to fishermen to $1.45 per pound, a 20-cent increase from the summer, and other Alaska companies are likely to follow suit. That compares to a final price in 2020 of just $1.06.
The US government has become vocal about Alaska Native tribes playing a larger role in the management of some of the country s most important fisheries, includi