Halibut Prices 2019
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 Pricing Table
| Week Ending (Sat-Sun) | Initial Price | Date of Initial Price | Final Price for Week | Date of Final Price | Adjustment to Initial Price |
| April 13, 2019 | $5.25 | April 17, 2019 | $7.90 | May 1, 2019 | $2.65 |
| April 20, 2019 | $5.25 | April 24, 2019 | $8.22 | May 8, 2019 | $2.97 |
| April 27, 2019 | $5.25 | May 1, 2019 | $7.37 | May 16, 2019 | $2.12 |
| May 4, 2019 | $5.25 | May 8, 2019 | $6.52 | May 22, 2019 | $1.27 |
| May 11, 2019 | $5.25 | May 16, 2019 | $6.47 | May 29, 2019 | $1.22 |
| May 18, 2019 | $5.25 | May 22, 2019 | $6.41 | June 5, 2019 | $1.16 |
| May 25, 2019 | $5.25 | May 29, 2019 | $6.67 | June 12, 2019 | $1.42 |
| June 1, 2019 | $5.25 | June 5, 2019 | $6.92 | June 20, 2019 | $1.67 |
| June 8, 2019 | $5.25 | June 13, 2019 | $6.49 | June 26, 2019 | $1.24 |
| June 15, 2019 | $5.25 | June 20, 2019 | $6.13 | July 3, 2019 | $0.88 |
| June 22, 2019 | $5.25 | June 28, 2019 | $5.62 | July 11, 2019 | $0.37 |
| July 29, 2019 | $4.50 | July 5, 2019 | $5.27 | July 18, 2019 | $0.77 |
| July 6, 2019 | $4.50 | July 20, 2019 | $5.20 | July 25, 2019 | $0.70 |
| July 13, 2019 | $4.50 | July 27, 2019 | $5.20 | Aug 1, 2019 | $0.70 |
| July 20, 2019 | $4.50 | Aug 3, 2019 | $6.12 | Aug 8, 2019 | $1.62 |
| July 27, 2019 | $4.50 | Aug 10, 2018 | $6.76 | Aug 15, 2019 | $2.26 |
| August 3, 2019 | $5.00 | Aug 18,2018 | $6.76 | Aug 22, 2019 | $1.76 |
| August 10, 2019 | $5.00 | Aug 15, 2019 | $7.52 | Aug 29, 2019 | $2.52 |
| Aug 17, 2019 | $5.00 | Aug 22, 2019 | $7.40 | Sept. 5, 2019 | $2.40 |
| Aug 24, 2019 | $5.25 | Aug 31, 2019 | $7.40 | Sept 12, 2019 | $2.15 |
| Aug 31, 2019 | $5.25 | Sept 7, 2019 | $6.22 | Sept 19, 2019 | $0.97 |
| Sept 7, 2019 | $5.25 | Sept 21, 2019 | $6.59 | Sept 26, 2019 | $1.34 |
| Sept. 14, 2019 | $5.25 | Sept. 21, 2019 | $6.50 | Oct 3, 2019 | $1.25 |
| Sept. 21, 2019 | $5.25 | Sept. 28, 2019 | $5.88 | Oct 10, 2019 | $0.63 |
| Sept. 28, 2019 | $5.25 | Oct. 3, 2019 | $5.88 | Oct. 17, 2019 | $0.63 |
| Oct 5, 2019 | $5.25 | Oct 19,2019 | $7.29 | Oct 24, 2019 | $2.04 |
| Oct 12, 2019 | $5.25 | Oct 10, 2019 | $6.73 | Oct 31, 2019 | $1.48 |
| Oct 19, 2019 | $5.25 | Nov 2, 2019 | $5.86 | Nov 7, 2019 | $0.61 |
| Oct. 26, 2019 | $5.25 | Oct. 31, 2019 | $5.60 | Nov 14, 2019 | $0.35 |
| Nov 2, 2019 | $5.25 | Nov 7, 2019 | $5.99 | Nov 21, 2019 | $0.74 |
| Nov 9, 2019 | $5.25 | Nov 14, 2019 | $7.44 | Nov 29, 2019 | $2.19 |
| Nov 16, 2019 | $5.25 | Nov 21, 2019 | $7.44 | Dec 6, 2019 | $2.19 |
| Nov 23, 2019 | $5.25 | Nov 30, 2019 | $8.59 | Dec 12, 2019 | $3.34 |
| Nov 30, 2019 | $5.25 | Dec 6, 2019 | $9.22 | Dec 18, 2019 | $3.97 |
| Dec 7, 2019 | $5.25 | Dec 18, 2019 | $9.51 | Dec 23, 2019 | $4.26 |