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Council adopts trawl catch‑share review, orders research on markets, costs and quota markets
Summary
The council unanimously approved a comprehensive trawl catch‑share program review that highlighted declining sablefish prices, rising costs and processing‑capacity loss as drivers of under‑attainment and urged a research agenda to test policy changes; staff will scope follow‑on actions for March.
The Pacific Fishery Management Council on Tuesday finalized a long‑awaited review of the West Coast trawl catch‑share (IFQ) program and adopted a research and data agenda the council said is needed to understand why the program has underperformed on economic goals in recent years.
The review — prepared by outside economists and reviewed by the council’s advisory bodies — concluded there is no single program failure. Instead the analysis found a mix of external and internal forces has reduced utilization and profitability for many participants, especially in the bottom‑trawl sector.
Consultant Melissa Aaron summarized the…
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