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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$5.25June 7, 2017
Week Ending (Sun-Sat)Initial PriceDate of Initial PriceFinal Price for WeekDate of Final PriceAdjustment to Initial Price
April 2-April 8, 2017$5.25April 12, 2017$9.12April 26, 2017$3.87
April 9-April 15, 2017$6.00April 19, 2017$7.01May 2, 2017$1.01
April 16-April 22, 2017$5.25April 26, 2017$6.91May 9, 2017$1.66
April 23-April 29, 2017$5.25May 2, 2017$7.92May 16, 2017$2.67
April 30-May 6, 2017NO FISHERYNO FISHERYNO FISHERYNO FISHERYNO FISHERY
May 7 – May 13, 2017NO FISHERYNO FISHERYNO FISHERYNO FISHERYNO FISHERY
May 14 – May 20, 2017$5.25May 24, 2017$10.03June 7, 2017$4.78
May 21 – May 27, 2017$5.25May 31, 2017$7.83June 15, 2017$2.58
May 28 – June 3, 2017$5.25June 7, 2017$6.47June 21, 2017$1.22
June 4 – June 10, 2017$5.25June 15, 2017$6.23June 30, 2017$0.98
June 11 – June 17, 2017$5.25June 21, 2017$6.37July 5, 2017$1.12
June 18 – June 24, 2017$5.25June 28, 2017$6.45July 12, 2017$1.20
June 25 – July 1, 2017$5.25July 5, 2017$6.45July 19, 2017$1.20
July 2 – July 8, 2017$5.25July 12, 2017$6.65July 26, 2017$1.40
July 9 – July 15, 2017$5.25July 19, 2017$6.65August 2, 2017$1.40
July 16 – July 22, 2017$5.25July 25, 2017$6.09August 10, 2017$0.84
July 23 – July 29, 2017$5.25August 2, 2017$6.09August 16, 2017$0.84
July 30 to August 5, 2017$5.25August 9, 2017$6.77August 23, 2017$1.52
August 6 to August 12, 2017$5.25August 16, 2017$6.77August 30, 2017$1.52
August 13 to August 19, 2017$5.25August 23, 2017$6.83September 6, 2017$1.58
August 20 to August 26, 2017$5.25August 30, 2017$6.83September 13, 2017$1.58
August 27 to September 2, 2017$5.25Septenber 6, 2017$6.60Seotember 20, 2017$1.35
September 3 to September 9, 2017$5.25September 13, 2017$6.50September 28, 2017$1.25
September 10 to 16, 2017$5.25September 20, 2017$6.50October 4, 2017$1.25
September 17 to 23, 2017$5.25September 28, 2017$6.50October 19, 2017$1.25
September 24 to 30, 2017$5.25October 4, 2017$5.93October 26, 2017$0.68
October 1 to October 7, 2017
October 8 to October 14, 2017$5.25October 18, 2017$6.64November 2, 2017$1.39
October 22 to October 28, 2017$5.25November 2, 2017$7.13November 16, 2017$1.88
October 29 to November 4, 2017$5.25November 16, 2017$7.43November 22, 2017$2.18
November 5 to November 11, 2017
November 12 to November 18, 2017$5.25November 22, 2017$9.59December 6, 2017$4.34
November 19 to November 25, 2017$5.25December 6, 2017$9.59December 18, 2017$4.34
November 26 to December 2, 2017$5.25December 6, 2017$9.59December 18, 2017$4.34
December 3 to December 9, 2017$9.45December 18, 2017$9.45December 18, 2017$0.00