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AP National Business

Harvesters of valuable baby eels hope for a stable 2022

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Published 9:24 AM

By PATRICK WHITTLE
Associated Press

PORTLAND, Maine (AP) — The industry that harvests one of the most valuable fish species in the United States is hoping for a more stable year in 2022 after two years of volatile price swings. Fishermen in Maine harvest baby eels. The elvers are sometimes worth more than $2,000 per pound because they are vitally important for Asian aquaculture companies. Maine is the only U.S. state with a significant fishery for the eels. Prices have fluctuated wildly since the start of COVID-19 pandemic. 

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