Fish harvesters up in arms over the latest snow crab pricing

    Wednesday, 3 April 2024 07:00

    By Tonya Organ

    FFAW President Greg Pretty says “in the end, the Panel chose to throw out that work and those well-researched recommendations for a formula that is tied to nothing except more money for the processors.”

    A decision by the Standing Fish Price Setting Panel for the 2024 snow crab season, has harvesters up in arms again. The panel sided with the Association of Seafood Producers formula. ASP caps harvester share at 37% once the market reaches $8.02CAD. The Fish Food and Allied Workers’ offer was based on the Blackwood report which would have seen harvesters capture a fair market value based on historic shares. FFAW President Greg Pretty says “in the end, the Panel chose to throw out that work and those well-researched recommendations for a formula that is tied to nothing except more money for the processors.” Pretty concluded the news release by saying it’s a much different situation than last year. He says “snow crab inventories are down, and market prices are rebounding,” and that “harvesters are no longer in the mood to be told when they’ll fish, how much they’ll fish for, or who they can sell to” 

     

     

    To report an error, submit a news tip, or provide feedback, please e-mail news@bayfm.ca or call (709) 637-0183.

    More from Local News

     

     

     

    BayFM recognizes support from the following agencies:

                        

    Today's Weather

    • Corner Brook

      Light snow

      High: -1°C | Low: -5°C

    • Deer Lake

      Medium-level cloud

      High: -1°C | Low: -6°C

    • Stephenville

      Heavy snow

      High: -2°C | Low: -4°C

    Recently Played

    Podcasts

    • BayFM On-Demand

      Trask Talk Thursday, January 29, 2026

      Lynn Howse Regional Outreach Officer Western Regional Waste Management and Lenny Benoit talk trash

    • The Plain Truth

      The Plain Truth, January 28, 2026

      “Trigger Warning”, Today’s show contains discussion of intimate images which may be disturbing for some listeners. We ask that you consider your needs and engage with this material in a way that is best for you. Please take care of yourself and reach out for help if you need it.

    • Qalipu Today

      Qalipu Today, Tuesday January 27, 2026

      Qalipu Today is back with it's first show since the Chirstmas break