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Cast netted bait is going to be of much better quality than purse seined fish. I would think that with the elimination of the seiners, a small fishery would sprout up - selective, small scale targeting of pogies to supply the bait shops. This might even provide some $ for smaller commercial fisherman, and keep the bait shops in business (minus the wholesale elimination that the seiners cause).
Although the price might be a bit higher than the seined fish, the increase will hopefully be passed on to the consumer, keeping the shops margins the same.
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