Bristol Bay Fishermen Reach King Crab Quota In A Jiffy

It was fast and furious for Alaska's premier crab fishery with the fleet catching the nearly 8 million pound Bristol Bay red king crab quota in less than three weeks.

The overall take was down 15 percent from 2015 and will likely fetch record prices when sales are made.

"The only price we have is an advance price so fishermen can pay fuel, bait and other trip expenses. The final price will be determined from now to January," said Jake Jacobsen, executive director of the Inter-Cooperative Exchange, which represents 70 percent of the Bering Sea crab harvesters.

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