Snow crab prices plummet in Newfoundland
It wasn’t the news fish harvesters in Newfoundland and Labrador wanted to hear. They’ll get less for their snow crab after today, as the result of a decision by the province’s fish price setting panel. After reviewing a request from the Association of Seafood Producers and arguments by the Fish Food and Allied Workers, the panel went with the processors’ pitch of $6.15 per pound. That’s down nearly 20 per cent from the $7.60 per pound price that was set for the start of the season on April 1. In Nova Scotia, fish harvesters also saw a drop in snow crab prices a couple of weeks ago. They are now getting $8.25 a pound for snow crab, according to Gordon Beaton, local president with the Maritime Fishermen’s Union. >click to read< 11:06
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