A year after the price of Pacific cod plunged following a 15 percent increase in the global cod supply to 1.8 million metric tons, fishermen are finding themselves in a better position, but weather has stymied harvests.
Conditions have improved in the past few days however, as ice flows have moved south and brought schools of cod along with it, industry sources told IntraFish.
Hook-and-line catcher processors have hauled in 20,026 metric tons of the 56,108-metric-ton total allowable catch (TAC) for this year's A season, and are only 3,200 metric tons behind last year's totals, according to statics from the National Oceanic and Atmospheric Administration (NOAA).
Trawler