This study presents a new method (LBB) for the analysis of length frequency data from commercial catches. LBB works for species that grow throughout their lives, such as most commercially-important fish and invertebrates, and requires no input in addition to length frequency data. It estimates asymptotic length, length at first capture, relative natural mortality, and relative fishing mortality. Standard fisheries equations can then be used to approximate current exploited biomass relative to unexploited biomass. In addition, these parameters allow the estimation of length at first capture that would maximize catch and biomass for a given fishing effort, and estimation of a proxy for the relative biomass capable of producing maximum sustainable yields. Relative biomass estimates of LBB were not significantly different from the “true” values in simulated data and were similar to independent estimates from full stock assessments. LBB also presents a new indicator for assessing whether an observed size structure is indicative of a healthy stock. LBB results will obviously be misleading if the length frequency data do not represent the size composition of the exploited size range of the stock or if length frequencies resulting from the interplay of growth and mortality are masked by strong recruitment pulses.

The Law of the Sea and regional and national laws and agreements require exploited populations or stocks to be managed so that they can produce maximum sustainable yields. However, exploitation level and stock status are unknown for most stocks because the data required for full stock assessments are missing. This study presents a new method [abundance maximum sustainable yields (AMSY)] that estimates relative population size when no catch data are available using time series of catch-per-unit-effort or other relative abundance indices as the main input. AMSY predictions for relative stock size were not significantly different from the “true” values when compared with simulated data. Also, they were not significantly different from relative stock size estimated by data-rich models in 88% of the comparisons within 140 real stocks. Application of AMSY to 38 data-poor stocks showed the suitability of the method and led to the first assessments for 23 species. Given the lack of catch data as input, AMSY estimates of exploitation come with wide margins of uncertainty, which may not be suitable for management. However, AMSY seems to be well suited for estimating productivity as well as relative stock size and may, therefore, aid in the management of data-poor stocks.