Starvation price for snow crab fishermen

A week into the snow crab fishing season, processors in Quebec, New Brunswick and Nova Scotia on Friday agreed to a temporary dock price of $2.25/lb to $2.50/lb. “There’s more inventory on the market now than we thought, says Jean-Paul Gagne, Director General of the Quebec Fisheries Industry Association (AQIP).  For his part, Marc-Olivier des Îles-de-la-Madeleine’s captain, Marco Turbide, promises to put his cages back this spring. “Expecting a price of only two or three dollars a pound doesn’t give ambition, he comments. It’s not fun. For a heavily indebted fisherman like me, we can’t expect to make a profit in 2023 because of the significant loss from crab last year. If we agree to $4/lb, I’m very I’ll be happy!” >click to read< 11:45

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