Biological Reference Points
Biological reference points are the primary output of stock assessments and fishing regulations are set to meet these biological benchmarks. There are several types of benchmarks are used depending on the preference of the regulating agency. The benchmarks are used to control different aspects of the fishery or population. Benchmarks that regulate fishing mortality include Fcurr, Fmsy, Emsy, and MFMT. Fcurr is the current level of fishing mortality, Fmsy is the fishing mortality that produces the maximum sustainable yield, and Emsy is the expected level of fishing that will produce the maximum sustainable yield. SSBcurr, SSBmsy, and MSST are used in the regulation of biomass levels. SSBcurr stands for the current spawning stock biomass, SSBmsy is the amount of spawning stock biomass needed to produce the maximum sustainable yield, and MSST is the minimum standing stock threshold. The amount that is available to be harvested is controlled by the benchmarks MSY and OY. MSY is the maximum sustainable yield and OY is the optimum yield of a stock. The main difference between MSY and OY is that MSY considers only the biology of the fish while the OY considers the economic aspect of the harvest.
Some of these benchmarks are combined in the form of ratios in order to better understand the status of the stock. A Fcurr/Fmsy ratio greater than one indicates that overfishing is occurring. When SSBcurr/SSBmsy is greater than one, the MSY will be produced, but if it is less than one it means that the stock is overfished. MFMT and MSST are used as limit reference points. When MFMT is exceeded or the spawning stock size dips below MSST the fishery is shut down. A benchmark that is currently gaining in popularity is SPR, spawning potential ratio. The SPR is the average fecundity of a recruit over its lifetime when the stock is fished divided by the average fecundity of a recruit over its lifetime when the stock is unfished. The SPR is based on the principle that certain levels of fish have to survive in order to spawn and replenish the stock at a sustainable level.
Read more about this topic: Stock Assessment
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