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Commercial squid fishery closes, limit reached

SACRAMENTO, Calif. (AP) -- California's commercial squid fishery has reached its 118,000 short ton limit and is closing until March.

The state Department of Fish and Game (DFG) says the squid fishery shuts down at noon Wednesday.

The department tracks catches daily to ensure squid are not overharvested.

The commercial squid fishing season began in April and was scheduled to run to March 31, 2013.

But landings information and projections show the 118,000 short ton landing limit has been reached.

Market squid remains California's largest and most lucrative commercial fishery. It was valued at $69 million last season.

Domestically, market squid is sold as calamari and as bait in the recreational fishery. But most of the market squid catch is frozen and exported overseas.

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