The share of your individual transferable quota that you actually land and sell across the quota year. In an output-controlled fishery the entitlement is the asset — utilisation measures how fully you convert it to income.
Under the ITQ system the commercial total allowable catch is closely taken most years, with only small under-catch or carry-over; leaving quota unfished forgoes revenue on a fixed entitlement.
Fishing Tasmania ↗Every uncaught kilogram is revenue left in the water on a right you have already paid to hold or lease. Tracking utilisation against the calendar shows whether you are on pace or risk being caught short by weather or biotoxin closures late in the year.
Silo pulls each of these from the sources the operation already uses, and keeps the figure current automatically.
Pace the catch so weather or closures can’t strand quota late.
Lease in or out early once the season’s run is clear.
Cut on-boat and holding losses so landed converts to sold.
The share of your individual transferable quota that you actually land and sell across the quota year. In an output-controlled fishery the entitlement is the asset — utilisation measures how fully you convert it to income.
You need: Quota entitlement held (kg), Catch landed (kg), Product sold live (kg). Silo pulls each of these from the sources the operation already uses and keeps the figure current automatically.
Under the ITQ system the commercial total allowable catch is closely taken most years, with only small under-catch or carry-over; leaving quota unfished forgoes revenue on a fixed entitlement.
Pace the catch so weather or closures can’t strand quota late. Lease in or out early once the season’s run is clear. Cut on-boat and holding losses so landed converts to sold.
Connect the software, spreadsheets and records you already keep, and Silo keeps every benchmark on this page current automatically.
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