After a record-breaking year for Atlantic snow crab, facing huge price cuts is ‘worse than the moratorium,’
“It’s going to be worse than the moratorium.” That’s Jason Sullivan’s gut feeling about the upcoming 2023 snow crab fishing season. He has no doubt that the record-breaking prices of 2022 are a thing of the past. There’s talk of prices starting somewhere around $2 a pound, a nearly 70 per cent drop from last year’s starting price of $7.60. Sullivan said that would translate to a huge loss for the provincial economy. “We had a billion-dollar industry and now we’re taking $500 million out of it right away,” said the Bay Bulls fisherman. “That’s going to be devastating, especially for rural areas.” >click to read< 13:02
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