Tag Archives: snow crab pricing
Newfoundland and Labrador: Fishing industry participants hope a ‘sea change’ in 2025
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Who decides the price of fish at the wharf?
“They’re going to stop buying crab. They’re not going to buy crab if they’re losing money. The processors always have the upper hand,” Jason Sullivan, a fisherman from Bay Bulls, Newfoundland and Labrador, told The Independent back in mid-May, just before going crab fishing. As it turns out, those words foreshadowed a May 30 press release from the Association of Seafood Producers, which represents most processors in the province, that reads: “Snow crab producers compelled to respond to 2022 market challenges” and “full picture will become apparent in the coming days.” “It’s the exact opposite happening this year as to what happened to fishermen last year,” says Sullivan—who is also the president of SEA-NL, an association for licensed, independent owner-operator inshore fish harvesters in Newfoundland and Labrador. >click to read< 16:31