Newfoundland and Labrador Price Setting Panel Sides With FFAW on Cold Water Shrimp Price
The Newfoundland and Labrador Price Setting Panel has made a decision regarding the summer price for cold water shrimp.
As Urner Barry market reporter Michael Nesbitt previously reported, the FFAW and Association of Seafood Processors (ASP) had a 48 cents price difference regarding summer shrimp. ASP proposed 70 cents per pound compared to the FFAW’s proposal of $1.18 per pound. FFAW said that while they agree the market is trending downward, they also believe that ASP’s recent assessment of the market is not rational...
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