Tag Archives: lower prices from Japanese buyers
“We’re solid. We’re unified” – Inside Kodiak’s crab standoff
The nearly 6-million-pound quota was the highest in decades. And some people spent more than $100,000 to buy a permit to fish this year, said Kevin Abena, one of the leaders of the Kodiak Crab Alliance Cooperative. But fishermen’s hopes for a banner season are now in limbo, as the 130 boats in the Kodiak tanner crab fleet are on strike, holding out for higher prices from the seafood processors that typically buy, package and resell their catch. But processors and industry experts say the fishermen are fighting larger market forces that make it unlikely they’ll get much more than the $3.25 a pound that Kodiak-based plants have already offered, less than half than last year’s $8 a pound price. >click to read< 10:48
