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

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

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