ANALYSIS: Pacific Halibut Market Facing Tight Quotas, Low Landings and High Prices

The 2025 Pacific halibut season opened against the backdrop of one of the lowest quotas on record, immediately shaping a tighter supply outlook. The International Pacific Halibut Commission (IPHC) set removals at 29.72 million pounds, down from 35.28 million pounds last year. Within that, the commercial quota was cut 18% to 19.7 million pounds from 24.03 million pounds in 2024, establishing a firm undertone in the market from the outset...
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