Tag Archives: catch price down
P.E.I. snow crab fishers thankful for big catches as price plummets
Snow crab fishers on P.E.I. say the price they’re getting for their catch is lower than it’s been in years. Crab fishers were getting $8 a pound at the wharf last year. This year, the price has plummeted to $2.25. Fishers in some other parts of the Atlantic region are staying off the water because of the low price. Meanwhile, Island snow crab fishers have wrapped up their season. Carter Hutt, who heads the P.E.I. Snow Crab Association, said the catch was so good this year, he made his full quota in just a couple weeks. The Northport fisherman said that with the price so low and expenses so high, it was the one thing that saved him from losing money. “If you make a trip for 5,000 pounds or come in with 20,000, it basically costs you the same amount for that trip,” he said.>click to read< 19:42
