The Winding Glass: Alaska Snow Crab Quota up 11 Million Lbs., Won't Change Dynamic of Oversold Market
The Alaska Dept. of Fish and Game announced the 2020/2021 crab quotas late Friday afternoon.
Mostly the results confirmed industry expectations, although snow crab increases where lower than hoped.
For red king crab, the precarious nature of the stock has led to a cut of 1.15 million lbs, which is 30% below the 3.8 million pounds quota set in 2019.
The stock has been on a long term decline, and earlier management strategies would have completely closed the fishery...
To Read Full Story Login Below.