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Tag Archives: international market

Fishers crabby over Japan’s Russian imports, but Tokyo says Canada exports negligible

May 2, 2023 Canada, International, International News, National

Atlantic fishers are feeling the pinch as Japan brings in cheap Russian product rather than Canadian snow crabs, with federal ministers and provincial premiers saying they are raising the issue with Japanese officials. Snow crab prices have dropped in Newfoundland and Labrador from $7.60 per pound at the start of last year’s season to an opening price of $2.20 this year. Fishers in the province have refused to start harvesting this year as they scramble to sell off last year’s surplus, although the price could still rise. Meanwhile, Moscow has flooded other parts of the international market with cheap product. >click to read< 07:58

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Snow crab producers could limit production to help international market

June 1, 2022 Canada, International, National

An excess of snow crab produced in Newfoundland and Labrador is leading to supply outpacing demand, leaving industry figures to question if it’s worth slowing production to allow the market to catch up. More than 60 per cent of the total quota has already been caught and processed, according to Derek Butler, executive director of the Association of Seafood Producers. Butler says the fast-paced production has caused the market for crab to stall, leaving the industry to wonder where it will go next. “It’s a situation where we continue to buy, produce and to build inventories without the required sales to support those inventories,” >click to read< 10:47

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Ocean Resource Privatization

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The New England groundfish debacle (Part III): who or what is at fault? Nils E. Stolpe/FishNet

It took me a while to decide how to most accurately describe the situation that has been visited upon the New England fishing communities that are and since colonial times have been dependent on the groundfish fisheries.

NILS STOLPE: The New England groundfish debacle (Part IV): Is cutting back harvest really the answer?

While it’s a fact that’s hardly ever acknowledged, the assumption in fisheries management is that if the population of a stock of fish isn’t at some arbitrary level, it’s because of too much fishing. Hence the term “overfished.” Hence the mandated knee jerk reaction of the fisheries managers to not enough fish; cut back on fishing. What of other factors? They don’t count. It’s all about fishing, because fishing is all that the managers can control; it’s their Maslow’s Hammer. When it comes to the oceans it seems as if it’s about all that the industry connected mega-foundations that support the anti-fishing ENGOs with hundreds of millions of dollars a year in “donations” are interested in controlling. Read the article here

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