http://www.asmfc.org/meetings/februa...RICANEELBD.pdf
This is the minutes of the American eel comission. In the minutes they talk about various options for the future including, changing the daily possesion limit from 50 to 25, prohibiting the taking of eels in some months of the year, etc. It is all theoretical at this point and very interesting. No one seems to know the percentage used for bait or food. Some members do seem to care about the bait market, but not all.
Pete