Halibut Prices 2020
The Halibut Collective Agreement establishes prices based on the actual market returns of processors/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/Processor. This 4-week process is repeated for each week during the halibut season.
Halibut Pricing Process
• Week 1: Harvesters sell halibut to processors/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. Processors/Buyers sell halibut bought in Week 1 to market.
• Week 3: Week 1 halibut still entering the market.
• Week 4: By noon on Tuesday, Processors/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 2020 – 2021
| Week Ending(Sun. to Sat.) | Initial Price | Date of Initial Price | Final Price for Week | Adjustment to Initial Price |
| May 9 | $4.00 | May 13 | $7.58 | $3.58 |
| May 16 | $6.85 | |||
| May 23 | $4.25 | May 27 | $5.25 | $1.00 |
| May 30 | $3.50 | June 3 | $5.03 | $1.53 |
| June 6 | $3.50 | June 11 | $5.36 | $1.86 |
| June 13 | $3.25 | June 18 | $4.85 | $1.60 |
| June 20 | $3.25 | June 25 | $4.86 | $1.61 |
| June 27 | $3.25 | July 2 | $4.82 | $1.57 |
| July 4 | $3.25 | July 9 | $5.36 | $2.11 |
| July 11 | $3.25 | July 16 | $4.69 | $1.44 |
| July 18 | $3.25 | July 23 | $5.08 | $1.83 |
| July 25 | $3.25 | July 30 | $5.90 | $2.65 |
| August 1 | $3.25 | August 5 | $5.24 | $1.99 |
| August 8 | $3.25 | August 12 | $5.19 | $1.94 |
| August 15 | $3.25 | August 19 | $5.19 | $1.94 |
| August 22 | $3.25 | August 27 | $6.02 | $2.77 |
| August 29 | $3.25 | September 3 | $5.14 | $1.89 |
| September 5 | $3.25 | September 10 | $5.14 | $1.89 |
| September 12 | $3.25 | September 17 | $5.14 | $1.89 |
| September 19 | $3.74 | September 25 | $5.14 | $1.40 |
| September 26 | $4.25 | October 1 | $5.14 | $0.89 |
| October 3 | $4.25 | October 7 | $7.26 | $3.01 |
| October 10 | $4.25 | October 15 | $6.14 | $1.89 |
| October 17 | $4.25 | October 22 | $5.12 | $0.87 |
| October 24 | $4.00 | October 29 | $4.60 | $0.60 |
| October 31 | $4.00 | November 5 | $5.45 | $1.45 |
| November 7 | $4.00 | November 12 | $5.45 | $1.45 |
| November 14 | $4.00 | November 19 | $7.35 | $3.35 |
| November 21 | $4.00 | November 26 | $7.35 | $3.35 |
| November 28 | $5.00 | December 2 | $8.64 | $3.64 |
| December 5 | $5.50 | December 10 | $8.39 | $2.89 |
| December 12 | $6.00 | December 17 | $8.94 | 2.94 |
| December 19 | $6.00 | December 18 | ||
| January 16 | $6.00 | January 19 | $6.93 | $.93 |