Elver fishing wrapping up in Maine with much lower prices

Published: Jun. 2, 2020 at 7:17 AM EDT
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Baby eels are a lucrative resource in Maine, where fishermen harvest them 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 season's almost over, as it’s scheduled to end on June 7 or on the day fishermen exhaust the annual quota.

Less than 1% of the quota remains available as of Monday.

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