NL Snow Crab Producers Limited Production In Response to 2022 Market Challenges
Snow crab producers in Newfoundland and Labrador are limiting production in response to market uncertainty.
The Association of Seafood Producers (ASP) explained in a news release that “serious concerns” have compelled producers to respond.
“There are real market challenges all through this process for my members,” explained ASP Executive Director Derek Butler. “The market simply is not operating as usual.
According to ASP, U.S. and Japanese buyers have been reluctant to place orders for snow crab. They’ve also reportedly slowed their crab purchases week after week...
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