June 2, 2020 — Maine‘s season for baby eel fishing is coming to a close with the lowest prices in a decade.
Baby eels are a lucrative resource in Maine, where fishermen harvest the elvers from rivers and streams and often sell them for more than $2,000 per pound. They’re highly prized by Asian aquaculture companies that use them to make food.
Fishermen are averaging $525 per pound this year. Last year’s price was almost $2,100 per pound. And the seasons almost over, as it’s scheduled to end on June 7 or on the day fishermen exhaust the annual quota. Less than one percent of the quota remained available on Monday.