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Halibut Prices 2021

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 Boland Barrett). By the end of the business day on Thursday, 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 2021 – 2022

Week Ending (Sun. to Sat.)Initial PriceDate of Initial PriceFinal Price for WeekAdjustment to Initial Price
April 3$5.00April 22$7.98$2.98
April 10$5.00April 14$8.49$3.49
April 17$5.00April 22$8.45$3.45
April 24$5.00April 29$7.58$2.58
May 1$5.00May 7$7.82$2.82
May 8$5.00May 13$7.21$2.21
May 15$4.50May 20$7.25$2.75
May 22$4.50May 27$7.31$2.81
May 29$4.50June 3$7.49$2.99
June 5$4.50June 10$8.63$4.13
June 12$4.50June 17$6.74$2.24
June 19$4.50June 24$6.34$1.84
June 26$4.50July 1$7.77$3.27
July 3$4.50July 8$8.64$4.14
July 10$4.00July 15$6.66$2.66
July 17$4.00July 22$6.77$2.77
July 24$4.00July 29$6.98$2.98
July 31$3.75August 5$5.99$2.24
August 7$3.75August 12$6.86$3.11
August 14$3.75August 19$6.86$3.11
August 21$3.75August 26$7.96$4.21
August 28$3.75September 1$7.84$4.09
September 4$3.75September 9$7.84$4.09
September 16$4.50September 11$7.84$3.34
September 25$4.50September 30$8.81$4.31
October 2$4.50October 7$8.55$4.05
October 9$4.50October 14$8.59$4.09
October 16$4.50October 21$8.21$3.71
October 23$4.50October 28$9.08$4.58
October 30$4.50November 4$9.08$4.58
November 6$4.50November 12$9.08$4.58
November 13$4.50November 18$9.08$4.58
November 20$4.50November 25$9.08$4.58
November 27$4.50December 2$9.08$4.58
December 4$4.50December 8$9.08$4.58
December 11$4.50December 17
December 18$6.00December 23$13.53$7.53
December 25$14.29
January 1January 20$13.80