If you pull a 12-year-old halibut out of the water today, it will typically be about 20 or 15 pounds. It’s a nice size fish by most standards, but it’s slim pickings compared to 15 years ago, when halibut the same age weighed 40 pounds.

So it will probably come as no surprise that the biomass has shrunk from 1.2 billion net pounds in 1997 to 650 million pounds today.

Lack of supply sent prices surging in 2011 to an untouchable $14 (€10.50)