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My technique depends on what I'm fishing for. It varies from a custom chum recipe frozen and dispensed simultaneously in two 5 gal buckets starting with a power slick (for shark tournaments) to a small cage with a pint of ground herring or mackerel for mackerel fishing. I typically do not chum for stripers, but some do.
My recipe includes menhaden oil, sand to fill the water column, oatmeal for bulk, and glitter for visual (not sure how affective glitter is but I use it). Try newenglandsharks.com for some good chumming info.
Where is your herring processing plant? What are their prices?
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