ADFG has released the Bristol Bay red king crab quota, and it is way down.
The total allowable catch, or TAC, is just 7.83 million pounds. That's about half the 14.84 million pounds in 2010. Everyone expected the quota to be down, and it's clear ADFG is being highly precautionary in the face of declining trends in juvenile recruitment seen in the last few years.
For IFQ holders, it's just more than 7 million pounds with 783,400 pounds to CDQ groups.
As expected, the tanner (bairdi) crab fishery is closed, as it has been determined to be overfished.
To read the rest of the story, please go to: Alaska Journal of Commerce