Why summer shrimp price should be set at $1.22/lb (which even then may be too low)

The 2021 summer price of shrimp paid to inshore fishermen — either the FFAW’s proposed $1.22/lb or the $1.10/lb offered by processors — is now in the hands of the province’s price setting panel, which, by law, must choose one or the other. That’s even if the “right price” is somewhere in the middle, just as the panel wrote in late April when it set the spring price of shrimp at $1/lb (processors’ price) over the FFAW’s $1.50/lb. The panel system of fish pricing doesn’t work in terms of best possible price to harvesters, but that’s another story. >click to read< 16:00

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