Newfoundland and Labrador Shrimp Season Still in Limbo
Comparable to the recent snow crab price feud, minimum price negotiations continue to hinder the Newfoundland and Labrador summer shrimp season.
On the back of pandemic-induced uncertainties, as well as competition out of the Barents Sea, the shrimp market has softened. However, to what extent the market has weakened, remains a stumbling block in negotiations.
Following the Standing Fish Price Setting Panel meeting in St. John’s last week, participants are eager to see the matter resolved. However, with a 48 cents price difference...
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