Tag Archives: snow crab pricing

Newfoundland and Labrador: Fishing industry participants hope a ‘sea change’ in 2025

After two seasons of navigating turbulent waters, there is a sense of hope that the Newfoundland and Labrador fishery can finally sail into calmer conditions in April 2024. There was certainly no shortage of conflict on many fronts in 2024, despite efforts to get past some of the tensions that plagued the 2023 season. The provincial government had to step in and help resolve a tie-up by snow crab harvesters in the spring of 2023 that led to a six-week delay to the traditional start of the fishing season. The government formed a committee tasked with finding a better way to settle snow crab pricing, but even its recommendations failed to prevent another disagreement that led to another delayed start in April 2024. more, >>CLICK TO READ<< 09:01

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