shrimp 48 results

On the Waterfront – August 2020

N.L. Capelin Price Up 20 Per Cent In mid-June, Newfoundland and Labrador’s Standing Fish Price-Setting Panel sided with harvesters and increased the 2020 price of capelin by 20 per cent over 2019 prices. Fishermen will now receive $0.42/pound for Grade A capelin. Last year they received $0.35/pound. The FFAW, which negotiated on behalf of the harvesters, stated that over the past two years, capelin collective bargaining has increased prices by 68 per cent over 2018 levels. The ...

Shrimp Fishery Showing Signs of Life?

To say the Northern shrimp fishery has had a few rough years would be more than an understatement. In fact, not too long ago, many in the industry were starting to talk about the possible end of this once lucrative and profitable fishery. One cannot understate the growth of the shrimp fishery off northeastern Newfoundland. The fishery for Northern shrimp began off the coast of Labrador in SFA (shrimp fishing area) 5 in the mid-1970s, primarily in the Hopedale and Cartwright Channels, ...

Complexity Versus Simplicity

For as long as I can remember — which now goes back nearly four decades — market research has consistently found that consumers do not feel confident about their abilities to buy fish or prepare it at home. That is a serious problem for our industry, because it means people consume less fish than they would otherwise. But it is also a problem that provides opportunities. Compared to other protein foods — beef, pork, poultry, sheep — fish are complicated. Consumers typically ...

Shrimp Market Turmoil With High Prices in Newfoundland and Strike on West Coast

There was a lot of turmoil in the coldwater prawn market prior to the Brussels seafood show, as demand seems to be stronger at the moment, but it is unclear whether the strength will last. Norway is beginning to see landings from the Barents Sea and export volumes of cooked and peeled shrimp are about 40 per cent higher for the first three months of this year than last year. However, current prices for cooked and peeled are about 11 per cent lower than the full-year average of 2018. The ...

Shrimp Stocks in SFA 6 Show Signs of Life

Fishable Biomass Down in Northern SFAs 4 and 5 The beleaguered Northern shrimp fishery off Newfoundland’s northeast coast recently received a small shot in the arm — particularly in the all-important shrimp fishing area (SFA) 6. The Department of Fisheries and Oceans (DFO) held a technical briefing in February regarding the 2019 Northern shrimp stock assessment and to the surprise of many, the stock in SFA 6 finally seems to be holding its own. SFA 6 is where the majority of the inshore ...

The Future, Fast and Slow

In 2011, an award-winning and best-selling book was Thinking, Fast and Slow, by Daniel Kahneman. Dr. Kahneman had won a Nobel Prize in economics for work he discussed in the book. Although it is interesting and worth reading, this column is not really about Dr. Kahneman’s work. Instead, it’s about the future of the fishery in Atlantic Canada. In some ways, the future is arriving faster than we can deal with it. In others, it is arriving very slowly, maybe slower than we would hope or ...

2017: Twists, Turns and a Little Turmoil

The year 2017 will soon be added to the annals of history. For the fishery, wouldn’t it be good to look back at the developments of the last 12 months, rub your hands together in a satisfied fashion and state that it was a good year — an unqualified success, so to speak. But as everyone already knows, the fishing industry in Atlantic Canada is unfortunately never that simple to summarize in a few words. It is an extremely challenging and complex business with as many highs and lows as ...

Cod, Shrimp and Pangasius See Gains in U.S. Consumption

Cod is the big winner in the per capita U.S. consumption numbers, as it has taken an increased share of the whitefish market over the past five years. The per capita consumption numbers released by the National Fisheries Institute recently showed a drop in overall U.S. seafood consumption from 15.5 to 14.9 pounds. Almost all of the drop was attributable to salmon, where consumption fell .7 pounds per person. The NMFS model, on which NFI bases its numbers, is a disappearance model and is ...

On the Waterfront – December 2017

Canada’s Largest Commercial Marine Event a Near Sell-Out With exhibit booth space nearly sold out, excitement is mounting for the next edition of Fish Canada Workboat Canada, returning to the Moncton Coliseum Complex on January 26-27, 2018. This biennial event is Canada’s largest commercial marine trade show. It welcomes those who make their living on, in, and around the water, along with those who provide the related products and services to keep Atlantic Canada’s marine-based ...

Union Objects to Draft Shrimp Management Plan

After a dismal 2017 shrimp season that saw harvests slashed for the inshore Newfoundland and Labrador fleet, the FFAW/Unifor has strongly objected to a DFO draft rebuilding plan for Northern shrimp, recently unveiled at a meeting in Montreal. At issue is the rebuilding targets and whether they should remain the same as the historical targets, or be adjusted due to the increased presence of cod. If DFO continues business as usual, shrimp quotas for 2018 are likely to be the same as the ...