Regional eel fishery regulators are developing new proposals, possibly including an annual catch cap, to limit Maine’s lucrative glass eel, or elver, harvest.
The Associated Press reported the American eel management board of the Atlantic States Marine Fisheries Commission directed a team to come up with regulatory proposals for elvers by October, in time to be approved by next winter or spring. That would allow new regulations to be in place for the start of next year’s elver-fishing season.
The price for elvers has soared in the past two seasons to more than $2,000 a pound, making elvers the second-most lucrative fishery in 2012, just behind lobsters.