The significantly lower quota on this season’s Alaska red king crab fishery is expected to result in a shortage of product in the market and higher prices.
The Alaska Department of Fish & Game set the total allowable catch for Bristol Bay red king crab at 7.834 million pounds, compared to 14.839 million pounds last season. The season runs from Oct. 15 through Jan. 15, 2012.
“We are very concerned about the lower quota. There will be a lot less product to go throughout the system,” said o…
