Left-over inventory and inflation could take a bite out of N.L. snow crab prices this year

February 1, 2023 Canada, International, National

Trevor Jones has been in the fishing business long enough to know you can’t predict the success of any year until the last pot is hauled and the nets are stored. Jones owns a 65-foot longliner, F/V Samantha Nathan, carrying on the family business that was started by his father. These past few years, snow crab has become the most important catch. Last year crab accounted for just over half the revenue for his enterprise. The record high prices, even with a drop to $6.15 a pound from $7.60 at the start of the season, helped buffer against the cancellation of the mackerel fishery and the no-go for capelin. >click to read< 10:10

Association of Seafood Producers, Bernard Davis, Derek Bragg, F/V Samantha Nathan, FFAW, fish harvester Trevor Jones, Inflation, left-over inventory, Newfoundland / Labrador, Paul Grant, Seafood processors in N.L., Snow crab, Snow crab prices

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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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