Dungeness crab fishermen will begin setting their pots Friday after reaching a price agreement with seafood processors.

With the Oregon Department of Agriculture supervising negotiations, the sides agreed to a minimum price of USD 2.65 (EUR 1.93) per pound, a USD 0.35 (EUR 0.26) increase from a year ago and the highest price ever agreed upon for an opening.

That price is locked in for 24 hours. After that, market conditions dictate pricing.

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