Shrimp Price Bumped to $1.25/pound
2017 Quota Cuts Still Cast Shadow on Season
The Standing Fish Price-Setting Panel sided with harvesters June 21 when it agreed to a proposal from Newfoundland and Labrador shrimp fishermen to increase the minimum price to $1.25/pound, up from the original 2017 price of $.95/pound set in April.
The bump amounts to a 31.5 per cent increase and is the minimum price for all shrimp sizes landed this summer, which range from two grams and up.
Processors, represented by the Association of ...