Halibut Prices 2022
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 2022 | ||
| Week Ending (Sun. to Sat.) | Initial Price | Final Total Price for Week |
| 01-Jan | $13.80 | |
| 19-Mar | $6.00 | |
| March 20-26 | $6.00 | $7.85 |
| March 27-April 2 | $6.00 | $10.03 |
| April 3-9 | $6.00 | $12.67 |
| April 10-16 | $6.00 | $10.12 |
| April 17-23 | $4.25 | $9.45 |
| April 24-30 | $4.25 | $9.76 |
| May 1-7 | $4.25 | $9.11 |
| May 8-14 | $4.25 | $9.15 |
| May 15-21 | $4.25 | $10.17 |
| May 22-28 | $4.25 | $8.90 |
| May 29-June 4 | $4.25 | $9.68 |
| June 5-11 | $4.25 | $8.46 |
| June 12-18 | $4.25 | $7.44 |
| June 19-25 | $4.25 | $7.13 |
| June 26-July 2 | $4.25 | $7.10 |
| July 3-9 | $3.50 | $5.81 |
| July 10-16 | $3.50 | $6.23 |
| July 17-23 | $3.50 | $8.17 |
| July 24-30 | $3.50 | $7.94 |
| July 31-Aug 6 | $3.50 | $8.92 |
| Aug 7-13 | $3.50 | $9.90 |
| Aug 14-20 | $3.50 | $8.23 |
| Aug 21-27 | $3.50 | $7.32 |
| Aug 28-Sept 3 | $4.50 | $7.32 |
| Sept 4-10 | $4.50 | $9.08 |
| Sept 11-17 | $4.50 | $9.08 |
| Sept 18-24 | $4.50 | $9.08 |
| Sept 25-Oct 1 | $4.50 | $9.08 |
| Oct 2-8 | $4.50 | $8.41 |
| Oct 9-15 | $4.50 | $7.51 |
| Oct 16-22 | $4.50 | $7.77 |
| Oct 23-29 | $4.50 | $8.87 |
| Oct 30-Nov 5 | $4.50 | $8.87 |
| Nov 6-12 | $4.50 | $10.58 |
| Nov 13-19 | $4.50 | $12.39 |
| Nov 20-26 | $4.50 | $12.39 |
| Nov 27-Dec 3 | $4.50 | $13.27 |
| Dec 4-10 | $4.50 | $13.40 |
| Dec 11-17 | $4.50 | $13.15 |
| Dec 18-24 | $4.50 | |
| Dec 25-31 |