May 21, 2018 — PORTLAND, Maine — America’s only significant state fishery for baby eels has blown past records for value as high demand from overseas aquaculture companies is driving prices to new heights.
Fishermen in Maine search for the eels, called elvers, in rivers and streams every spring so they can be sold to Asian aquaculture companies as seed stock. Fishermen have sold more than $20 million worth of the eels so far this season, according to the Maine Department of Marine Resources.
That is the highest total since interstate managers instituted a quota system for the eels in 2014. The previous record was $13.4 million, and fishermen still have until June 7 to catch more of the eels this year.
Read the full story from the Associated Press at the Boston Globe