Tag Archives: Snow Crab Bargaining Committee

Newfoundland and Labrador: OFFER SIGNED TO START CRAB FISHERY

This morning, the FFAW Snow Crab Bargaining Committee reluctantly agreed to sign off on a final offer from ASP to start a crab fishery this year. The offer guarantees a minimum price of 2.20 and includes incremental increases as the Urner Barry price increase, which ensures the price will not drop lower regardless of potential market drops. The agreement was made on the stipulation that Premier Furey publicly commit to revamping the final offer selection (Panel) process and work towards a formula prior to the 2024 season. >click to read the press release< 11:56

ASP Pulls Plug on Snow Crab Bargaining

Yesterday, the FFAW-Unifor Snow Crab Bargaining Committee engaged ASP to sit down to the table to discuss a way to move the industry forward. After initial commentary from both sides, the FFAW Committee presented the first offer. The FFAW Negotiating Committee’s first offer was minimum price starting at 2.30 at current Urner Barry (4.65USD) with 15 cent increases at 5.00USD, and 15 cents for every additional 25 cent increase to Urner Barry. ASP flatly rejected this proposal, ended discussions and left the premises, however Loder stated ASP would be available for the remainder of the day. >click to read< 13:25