Shrimp fishery set to begin with financial loss – could be larger if boats stay at the wharf

Association of Seafood Producers president Derek Butler said the start of the fishery has been driven by a sense of responsibility among everyone that relies on the fishery to make a living. Butler said those involved in the fishery had time to decide whether or not they wanted to open, and understand this season will bring almost guaranteed financial loss. The Fish, Food and Allied Workers’ original price offer was $1.18 per pound, while processors countered with 70 cents per pound. In the end, a hearing settled on $1.08, but the ASP said that number still means losses for processors. However, Butler said the losses could be larger if boats don’t leave the wharf this season. >click to read< 16:52

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