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An Analysis of the Pacific Groundfish Trawl Individual Fishing Quota (IFQ) Quota Pound (QP) Market Through 2023
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2024
[PDF-1.37 MB]
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Description:The Pacific Coast Groundfish Trawl fishery involves fishing vessels using a variety of fishing gears—including trawl gear, longlines, and pots—to harvest a diversity of bottom-dwelling fish species referred to as groundfish. Individual participants in the fishery must have fishing privileges called quota pounds (QP) to match up pound-for-pound against all catch of fish species regulated by the fishery. QP are issued to fishers each year and are specific to particular species or groups of species. This report describes the system for transferring QP among fishery participants, which we call a market. We describe how this market has functioned over the last thirteen years since the management system based on individual fishing quotas (IFQs) was implemented.
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Rights Information:CC0 Public Domain
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Compliance:Submitted
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