Råfisklaget and Norwegian Cod Processors Agree on New Pricing Formula for Cod
SEAFOODNEWS.COM by John Sackton October 13, 2016
Starting with the minimum cod pricing scheme that took effect October 3rd, the Norwegian fishermen's union and cod processors have agreed to try a new pricing formula for cod.
The pilot program, which will run until the end of the year, will set the minimum cod auction price based on a formula that takes into account fresh, frozen, and export sales.
The formula will take 80% of the average price for fresh cod...
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