Tag Archives: Crab pricing deal
FFAW applauds new deal on crab pricing, but says system still needs fixing
Harvesters refused to fish for more than a week, until the FFAW and Association of Seafood Producers reached a deal on Sunday that included increases to minimum prices and a settlement at the end of the season. That deal will override the panel’s decision. The deal struck Sunday includes a floor price of $3 per pound for the entire 2024 season. Both sides will be able to file for a reconsideration if the market price goes above $6.50 US. Harvester Glen Winslow was getting ready to finally start his season Monday morning in St. John’s. He said it’ll likely be a few days before boats head for the crab grounds. “I’m quite satisfied with where we got, to be honest with you,” Winslow told Radio-Canada. Photos, more, >>click to read<< 06:11