The Fish, Food and Allied Workers Union says it has reached an agreement with the Association of Seafood Producers, that solves the dispute over crab prices.
In addition to the minimum price of CAD 1.83 (USD 1.78, EUR 1.37) set by the province’s Standing Fish Price-setting Panel, the union said processors will pay an additional CAD 0.17 (USD 0.16, EUR 0.13) a pound from all sales up to and including 4 May.
Both sides have agreed to set up a joint working group that will develop options for future crab pricing structures. This new group will conduct its work this fall, with the objective of creating a more effective pricing structure for the 2014 crab season.