JOURNAL ARTICLE

Baby eels are so valuable to Asian companies that Maine fishermen get $2,000 per pound for them.

  • Published In: Fortune.com, 2023. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Whittle, Patrick 3 of 3

Abstract

The article focuses on the commercial fishing of baby eels, known as elvers, in the U.S., particularly in Maine, which is the only state with a significant industry for this valuable fish. Elvers are highly sought after, often fetching prices over $2,000 per pound due to their importance in Asian aquaculture, especially for Japanese cuisine. This year, Maine fishermen have benefited from favorable weather and strong international demand, with a quota of nearly 10,000 pounds being nearly reached by early May. However, the industry faces challenges from illegal fishing and poaching, prompting the state to implement stricter controls to combat these issues. [Extracted from the article]

Additional Information

  • Source:Fortune.com. 2023/05, pN.PAG
  • Document Type:Article
  • Subject Area:Environmental Sciences
  • Publication Date:2023
  • Accession Number:163950428
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