News Summary May 15, 2020
Today's Top Story: NL Price Setting Panel Sides With FFAW in Snow Crab Price Reconsideration
Newfoundland and Labrador Price Setting Panel sided in favor with FFAW's $3.50 per lb. offer for the price reconsideration of snow crab. The Price Setting Panel initially decided in favor of the Association of Seafood Producers’ $3 per lb. offer, which included the additional $0.10 that NL producers are responsible to pay that the Gulf does not. The decision ultimately led to fish harvesters protesting outside of FFAW’s building before the start of the season on May 11. Harvesters argued that the price would bankrupt them...
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