Snow crab market – fisherynation.com

Tag Archives: Snow crab market

Flawed snow crab price-setting system needs overhaul soon, FFAW says

January 5, 2024 Canada, International, International News

The president of the Fish, Food & Allied Workers union says time is ticking on getting a new formula-based seafood pricing system in place ahead of the 2024 season. A November report from the province’s three-person fish price-setting team submitted to the provincial government said the current seafood price-setting process is flawed and changes need to be made to avoid another tie-up that halted the snow crab industry for six weeks last season. The report offered nine recommendations, including that a formula-based pricing system be implemented by the end of January. FFAW president Greg Pretty said that process is underway. more, >>click to read<< 14:16

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Snow crab market heats up with Record-Breaking Prices in northern Cape Breton

April 23, 2021 Canada

Soaring demand from the U.S. has resulted in snow crab coming in at over $8 a pound. The price was closer to $4.25 this time last year. Dave Donovan fishes out of Neils Harbour on board the Krista & Megan. “Eight dollars is a big bonus,” he said. “I guess it’s the best price I’ve ever seen since I’ve been in the fishery.” Donovan said the hot market this year is welcomed by all on the wharf, and in the processing plant. The high price is a surprise to Osborne Burke, “We didn’t anticipate this,” >click to read< 14:14

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The New England groundfish debacle (Part III): who or what is at fault? Nils E. Stolpe/FishNet

It took me a while to decide how to most accurately describe the situation that has been visited upon the New England fishing communities that are and since colonial times have been dependent on the groundfish fisheries.

NILS STOLPE: The New England groundfish debacle (Part IV): Is cutting back harvest really the answer?

While it’s a fact that’s hardly ever acknowledged, the assumption in fisheries management is that if the population of a stock of fish isn’t at some arbitrary level, it’s because of too much fishing. Hence the term “overfished.” Hence the mandated knee jerk reaction of the fisheries managers to not enough fish; cut back on fishing. What of other factors? They don’t count. It’s all about fishing, because fishing is all that the managers can control; it’s their Maslow’s Hammer. When it comes to the oceans it seems as if it’s about all that the industry connected mega-foundations that support the anti-fishing ENGOs with hundreds of millions of dollars a year in “donations” are interested in controlling. Read the article here

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