Halibut Prices 2017
The Halibut Collective Agreement establishes prices based on the actual market returns of processers/buyers. Establishing a price for halibut is a multi-step process that takes places over a period of four weeks.
The initial price for halibut is set at the beginning of Week 2. The initial price may increase when the final price is set in Week 4, depending on the market returns of the halibut sold by the Buyer/Processer. This 4-week process is repeated for each week during the halibut season.
Halibut Pricing Process
• Week 1: Harvesters sell halibut to processers/buyers
• Week 2: On Tuesday, the initial price for halibut sold in Week 1 is established. Harvesters are paid for the halibut sold in Week 1 according to this initial price. Processers/Buyers sell halibut bought in Week 1 to market.
• Week 3: Week 1 halibut still entering the market.
• Week 4: By noon on Tuesday, Processers/Buyers will have submitted all receipts for halibut bought in Week 1 to the independent third party (Quinlan and Taylor). By the end of the business day on Tuesday, the final price for halibut caught and sold in Week 1 will be established. If the final price is higher than the initial price, the difference will be paid to the harvester at the next pay period. The final price cannot be lower than the initial price.
Halibut Price Table
| May 28 – June 3, 2017 | $5.25 | June 7, 2017 |
| Week Ending (Sun-Sat) | Initial Price | Date of Initial Price | Final Price for Week | Date of Final Price | Adjustment to Initial Price |
| April 2-April 8, 2017 | $5.25 | April 12, 2017 | $9.12 | April 26, 2017 | $3.87 |
| April 9-April 15, 2017 | $6.00 | April 19, 2017 | $7.01 | May 2, 2017 | $1.01 |
| April 16-April 22, 2017 | $5.25 | April 26, 2017 | $6.91 | May 9, 2017 | $1.66 |
| April 23-April 29, 2017 | $5.25 | May 2, 2017 | $7.92 | May 16, 2017 | $2.67 |
| April 30-May 6, 2017 | NO FISHERY | NO FISHERY | NO FISHERY | NO FISHERY | NO FISHERY |
| May 7 – May 13, 2017 | NO FISHERY | NO FISHERY | NO FISHERY | NO FISHERY | NO FISHERY |
| May 14 – May 20, 2017 | $5.25 | May 24, 2017 | $10.03 | June 7, 2017 | $4.78 |
| May 21 – May 27, 2017 | $5.25 | May 31, 2017 | $7.83 | June 15, 2017 | $2.58 |
| May 28 – June 3, 2017 | $5.25 | June 7, 2017 | $6.47 | June 21, 2017 | $1.22 |
| June 4 – June 10, 2017 | $5.25 | June 15, 2017 | $6.23 | June 30, 2017 | $0.98 |
| June 11 – June 17, 2017 | $5.25 | June 21, 2017 | $6.37 | July 5, 2017 | $1.12 |
| June 18 – June 24, 2017 | $5.25 | June 28, 2017 | $6.45 | July 12, 2017 | $1.20 |
| June 25 – July 1, 2017 | $5.25 | July 5, 2017 | $6.45 | July 19, 2017 | $1.20 |
| July 2 – July 8, 2017 | $5.25 | July 12, 2017 | $6.65 | July 26, 2017 | $1.40 |
| July 9 – July 15, 2017 | $5.25 | July 19, 2017 | $6.65 | August 2, 2017 | $1.40 |
| July 16 – July 22, 2017 | $5.25 | July 25, 2017 | $6.09 | August 10, 2017 | $0.84 |
| July 23 – July 29, 2017 | $5.25 | August 2, 2017 | $6.09 | August 16, 2017 | $0.84 |
| July 30 to August 5, 2017 | $5.25 | August 9, 2017 | $6.77 | August 23, 2017 | $1.52 |
| August 6 to August 12, 2017 | $5.25 | August 16, 2017 | $6.77 | August 30, 2017 | $1.52 |
| August 13 to August 19, 2017 | $5.25 | August 23, 2017 | $6.83 | September 6, 2017 | $1.58 |
| August 20 to August 26, 2017 | $5.25 | August 30, 2017 | $6.83 | September 13, 2017 | $1.58 |
| August 27 to September 2, 2017 | $5.25 | Septenber 6, 2017 | $6.60 | Seotember 20, 2017 | $1.35 |
| September 3 to September 9, 2017 | $5.25 | September 13, 2017 | $6.50 | September 28, 2017 | $1.25 |
| September 10 to 16, 2017 | $5.25 | September 20, 2017 | $6.50 | October 4, 2017 | $1.25 |
| September 17 to 23, 2017 | $5.25 | September 28, 2017 | $6.50 | October 19, 2017 | $1.25 |
| September 24 to 30, 2017 | $5.25 | October 4, 2017 | $5.93 | October 26, 2017 | $0.68 |
| October 1 to October 7, 2017 | |||||
| October 8 to October 14, 2017 | $5.25 | October 18, 2017 | $6.64 | November 2, 2017 | $1.39 |
| October 22 to October 28, 2017 | $5.25 | November 2, 2017 | $7.13 | November 16, 2017 | $1.88 |
| October 29 to November 4, 2017 | $5.25 | November 16, 2017 | $7.43 | November 22, 2017 | $2.18 |
| November 5 to November 11, 2017 | |||||
| November 12 to November 18, 2017 | $5.25 | November 22, 2017 | $9.59 | December 6, 2017 | $4.34 |
| November 19 to November 25, 2017 | $5.25 | December 6, 2017 | $9.59 | December 18, 2017 | $4.34 |
| November 26 to December 2, 2017 | $5.25 | December 6, 2017 | $9.59 | December 18, 2017 | $4.34 |
| December 3 to December 9, 2017 | $9.45 | December 18, 2017 | $9.45 | December 18, 2017 | $0.00 |