HOURS – The scallop auction begins promptly each day Monday through Friday at 9:00 am.
BUYER FEES & ELIGIBILITY – Compliance with the financial criteria that is determined necessary by the exchange’s management on an individual basis will be strictly adhered to and is required of any potential dealer that wishes to purchase product at the exchange. We reserve the right to alter the amount of the letter of credit or bond requirements to accommodate any purchasing pattern of an exchange member. In addition, we also reserve the right to revoke or dismiss any member of the exchange for non- compliance of the aforementioned financial criteria.
SCALLOP HANDLING FEES – The handling fees for scallops in the auction will be .20 per pound.
TYPES OF SCALLOPS – All scallops bought and sold in the Buyers and Sellers Exchange (BASE) will be categorized according to four harvest areas:
- Mid-Atlantic (all areas south of New England), open bottom
- MId- Atlantic Access Area (MAAA), closed area
BASE is not responsible for any misrepresentation of harvest areas for scallops.
ALL SCALLOPS will be displayed with 30 bags per cardboard vat with the pieces displayed using two bags per tote.
ALL SCALLOPS will be sold under the traditional numberical category system, according to the industry standard.
THREE TWO-POUND RANDOM – Count samples per 30 bag vat will be taken in order to determine the numerical category that the particular lot of scallops will be represented for scale. The average of the three counts taken is what will determine the numberical category.
NO TOLERANCE – There are no tolerance factors allowed for the representation of the average count and the net weight of the scallops. It is important for buyers to be aware of the time that the vessel was unloaded and the location of the harvest area. One example of the importance of this is that southern scallops will milk more than a channel scallop. Scales are available to check counts and weights.
MOISTURE CONTENT – Whaling City Seafood Display Auction, INc. does not test the moisture content of any scallop nor is it responsible for the same.
PRODUCT WEIGHT – One pound per tote will be discounted from the seller for the scallop bag weight. Scallop bag weight is not discounted from any purchase, however a shrinkage factor of one pound per tote will be deducted from the gross weight and all buyers will be bidding on the net weight.
SELLER HAILS – All sellers are advised to contact BASE in advance with hails and an ETA to schedule unloading. Unloading hours will be at 11:00 am to 6:00 am Sunday through Friday. The Buyers and Sellers Exchange (BASE) can be contacted by calling 508-990-0799 24 hours a day or by emailing Ray Canastra direct at email@example.com. Unloading on Friday or Saturday evenings is available only via appointments. Vessels Only.
PRODUCT DISPLAY – The auction will display all fresh scallops by lot number, species and seller. One the reverse side of the display tag, the time the vessel was unloaded, the gross weight minus any shrinkage of one pound per tote, the net weight, three two-pound count samples and then the average count of the three samples, as well as the name of the inspector. All scallops will be displayed between the hours of 7:00 am and 9:00 am.
INSPECTION – We provide our buyers with an “open door” policy, which allows them the ability to view the unloading of the vessels for visual inspection.
TRUCK DELIVERIES – All truck deliveries will be re-culled, re-weighed and re-iced to insure correct culls. No product will be displayed in cardboard boxes or improper containers.
VENDOR PRODUCTS – Vendors have the ability to bring product to the auction via truck between the hours of 11:00 am through 6:00 am the following morning, Sunday through Friday. The product itself must be posted under the vessel name and paid for in that same vessel’s name when it is physically unloaded at our unloading facility. Any third parties that desire to consign product through the auction will be posted and paid for using their company names. No misrepresentations will be made at ANY time.
BID PRICE & INVOICES – The amount that is paid to the seller is the auction bid price. All fees are paid by the buyers. At the end of each auction, the buyer is invoiced for the charges that were incurred that day. The amount that the buyer will be charged is the bid price plus the handling fee.
LOADING & SHIPMENT – During and after the scallop auction, the product is delivered to the shipping doors for loading and shipment. At this time, products may also be transferred to cardboard or airfreight containers for an additional handling fee.