Red Snapper IFQ Continues Success in 2nd Year

January marked the second anniversary of the Gulf’s red snapper IFQ program.  Fortunately, fishermen, regulators and environmentalists continue to report good news compared to the decade the fishery suffered under destructive derby management (also known as a “race” for the limited number of snapper that fishermen were allowed to catch each year).

Year-round fish supplies and excellent quality mean that dockside prices climbed and have remained steady at least 25% higher than under the derby.  Fishermen are allowed to keep most of the fish they catch, so the number of dead discarded fish (also known as bycatch) has been significantly cut.  And, like the previous year, the annual catch was about three percent under its limit.