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