2020 shrimp price disagreement for NL fish harvesters goes to arbitration

There’s 58 cents worth of disagreement over shrimp prices between the union that represents fish harvesters and the organization that represents processors in Newfoundland and Labrador. According to the union, the Association of Seafood Processors (ASP) proposed 70 cents per pound while the FFAW proposed $1.18. The matter is now before the Standing Fish Price Setting Panel, which met today in St. John’s to hear the proposals from both sides.,, The union also said, “This is a challenging year for shrimp, as the market is lower than it was last year.” However, the union also said the 70 cent offer from the ASP “is a price that cannot be justified by any rational assessment of the market.” >click to read< 16:07

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