Supply & TradeSeafood News Supply & Trade


Canada shrimpers, processors agree on price Canada shrimpers, processors agree on price

artwork for news feed headlines

By SeafoodSource staff
16 April, 2012 - Newfoundland and Labrador’s unionized fishermen have won a pricing battle over the cost they can charge for the shrimp they will be catching this summer.

A government-appointed pricing panel sided with a proposal from the Fish, Food and Allied Workers union, which argued that markets are stronger than what processors had claimed.

“We’re pleased with the outcome,” FFAW president Earle McCurdy said.

“We’ve zeroed in on prices that reflect changes in the market over the past year.”

The panel backed an FFAW recommendation of CAD 0.76 per pound. Processors said had wanted the maximum price set at CAD 0.68 per pound.

Click here to read the full story from CBC News >