Price setting panel sets snow crab at $2.20 per pound — down over $5 from 2022 season
The Fish, Food and Allied Workers Union, which represents Newfoundland and Labrador’s inshore fishermen, had asked the panel for a price of $3.10, and say fishing at $2.20 per pound is unsustainable. FFAW president Greg Pretty said crab committees throughout the province have decided not to fish at $2.20 per pound, and will review their stance in the coming weeks. “There’s no appetite to go fishing for nothing,” Pretty told CBC Radio Thursday, calling the decision a catastrophe that rivals the cod moratorium of 1992. “You can’t get crew members for that. You can’t even pay crew members on that type of money…. There’s a net economic point where it doesn’t make any sense to fish, and that panel hit right on it. Spot on.”>click to read< 20:02
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