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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 PriceDate of Initial PriceFinal Price for WeekAdjustment to Initial Price
May 9$4.00May 13$7.58$3.58
May 16$6.85
May 23$4.25May 27$5.25$1.00
May 30$3.50June 3$5.03$1.53
June 6$3.50June 11$5.36$1.86
June 13$3.25June 18$4.85$1.60
June 20$3.25June 25$4.86$1.61
June 27$3.25July 2$4.82$1.57
July 4$3.25July 9$5.36$2.11
July 11$3.25July 16$4.69$1.44
July 18$3.25July 23$5.08$1.83
July 25$3.25July 30$5.90$2.65
August 1$3.25August 5$5.24$1.99
August 8$3.25August 12$5.19$1.94
August 15$3.25August 19$5.19$1.94
August 22$3.25August 27$6.02$2.77
August 29$3.25September 3$5.14$1.89
September 5$3.25September 10$5.14$1.89
September 12$3.25September 17$5.14$1.89
September 19$3.74September 25$5.14$1.40
September 26$4.25October 1$5.14$0.89
October 3$4.25October 7$7.26$3.01
October 10$4.25October 15$6.14$1.89
October 17$4.25October 22$5.12$0.87
October 24$4.00October 29$4.60$0.60
October 31$4.00November 5$5.45$1.45
November 7$4.00November 12$5.45$1.45
November 14$4.00November 19$7.35$3.35
November 21$4.00November 26$7.35$3.35
November 28$5.00December 2$8.64$3.64
December 5$5.50December 10$8.39$2.89
December 12$6.00December 17$8.942.94
December 19$6.00December 18
January 16$6.00January 19$6.93$.93