It’s almost a week since the FFAW/processors went to the province’s fish price setting panel to set the summer price of shrimp, and still no word
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That’s too long a wait. Mental torture for a lot of harvesters, especially those who rely on shrimp as their primary source of income.
Even the international news is reporting how the Gulf shrimp fishery opened this past Saturday before the panel has set the summer price.
Some shrimp boats off Newfoundland’s northeast coast are reportedly delaying their return to port with shrimp aboard in advance of the summer price being set — which will either be $1.22/lb (FFAW) or $1.10/lb (Association of Seafood Producers).
My bet would be on $1.22/lb. Find the reasons here.
On April 29th, the fish price setting panel set the spring price of crab at $1/lb, a decline from 2020’s high of $1.18/lb, and 2019’s near record high of $1.78/lb.
Holidays and weekends should not impact the work of the price setting panel.
But then what's the use of the panel if it's not working for inshore harvesters in terms of landing them the best price for their product?