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Halibut Prices 2018

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

Week Ending (Sat-Sun)Initial PriceDate of Initial PriceFinal Price for WeekDate of Final PriceAdjustment to Initial Price
April 14, 2018$5.25April 18, 2018$7.32May 1, 2018$2.07
April 21, 2018$5.25April 25, 2018$7.18May 9, 2018$1.93
April 28, 2018$5.25May 1, 2018
May 5, 2018$5.25May 8, 2018$6.73May 23, 2018$1.48
May 12, 2018NO FISHERYNO FISHERYNO FISHERYNO FISHERYNO FISHERY
May 19, 2018$5.25May 23, 2018$6.92June 6, 2018$1.67
May 26, 2018$5.25May 31, 2018$6.74June 13, 2018$1.49
June 2, 2018$5.25June 12, 2018$7.45June 20, 2018$2.20
June 9, 2018$5.25June 12, 2018$7.05June 27, 2018$1.80
June 16, 2018$5.25June 19, 2018$7.00July 4, 2018$1.75
June 23, 2018$5.25June 27, 2018$6.20July 11, 2018$0.95
June 30, 2018$5.25July 4, 2018$6.13July 18, 2018$0.88
July 7, 2018$5.25July 11, 2018$5.53July 25, 2018$0.28
July 14, 2018$5.25July 17, 2018$5.98July 31, 2018$0.73
July 21, 2018$5.25July 25, 2018$5.25August 8, 2018$0.00
July 28, 2018$4.50July 31, 2018
August 18, 2018$4.50September 5, 2018$7.88September 5, 2018$3.38
August 25, 2018$4.50September 13, 2018$7.21September 13, 2018$2.71
September 1, 2018$4.50September 13, 2018$5.35September 20, 2018$0.85
September 8, 2018$5.25September 20, 2018$5.25September 27, 2018$0.00
September 15, 2018$5.25September 27, 2018$5.25October 4, 2018$0.00
September 22, 2018$5.25October 3, 2018$6.35October 11, 2018$1.10
September 29, 2018$5.25October 10, 2018$6.93October 17, 2018$1.68
October 6, 2018$5.25October 17, 2018$7.53October 25, 2018$2.28
November 3, 2018$5.25$6.95November 21, 2018$1.70
November 10$5.25$7.40November 29, 2018$2.15
November 24$5.25$9.00December 13, 2018$3.75
December 1, 2018$5.25$11.01December 20, 2018$5.76
December 15, 2018$5.25$12.22January 3, 2019$6.97