snow crab 65 results

N.L. Snow Crab Fishery Begins After Week-Long Pricing Dispute

The Fish, Food and Allied Workers Union (FFAW) and the Association of Seafood Producers (ASP) recently came to an agreement to start the Newfoundland and Labrador snow crab fishery with a minimum price of $3 per pound, up from the previous decision of $2.60. The agreement was announced on April 14, around 12 hours before a union-led demonstration was scheduled in St. John’s to protest the previous pricing decision and after a week-long tie-up wherein none of the province’s 57,586-tonne ...

N.L. Harvesters Secure Outside Buyers, but Price Decisions Could Spell Further Unrest

Above: John Efford Jr., flanked by FFAW President Greg Pretty (Left) and FFAW Secretary Treasurer Jason Spingle (Right), address the crowd of harvesters after their meeting with Fisheries, Forestry and Agriculture Minister Elvis Loveless.    Newfoundland and Labrador harvesters won what they considered a major victory in late March, only for their enthusiasm to be dashed by what they see as another year of disappointing snow crab prices. Now, facing a minimum price of $2.60 per ...

Weak Market Conditions Could Impact 2024 Snow Crab Prices

With price negotiations currently underway for the Newfoundland and Labrador snow crab fishery, well-known market analyst John Sackton warned stakeholders to temper their expectations. Before the beginning of price negotiations between the Association of Seafood Producers (ASP) and the Fish, Food and Allied Workers Union (FFAW), the government of Newfoundland and Labrador released a recommended pricing formula, known as the Blackwood Formula, for the consideration of both parties. The FFAW ...

N.L. Snow Crab Stocks Remain Steady Going Into 2024

The Department of Fisheries and Oceans (DFO) recently released its 2023 Newfoundland and Labrador snow crab stock assessment, showing little change in the stock going into the 2024 fishing season. According to Julia Pantin, the DFO biologist responsible for this year’s snow crab technical briefing, the stocks off N.L. have seen little change from the previous year. “All assessment divisions are projected to remain within the healthy zone, except for assessment division 2HJ off ...

N.L. Releases Latest Fish Price-Setting Review

After the fallout of the 2023 Newfoundland and Labrador snow crab season, which was plagued by protests, tie-ups and a shortened season, the provincial government has stepped in to assist in the development of a formula for fish price-setting. Bernard David, Newfoundland and Labrador’s Minister of Environment and Climate Change and Minister Responsible for Labour, unveiled the final report by the Fish Price-Setting Strategic Review Team on November 16. The Fish Price-Setting Strategic ...

Snow Crab Market Set to Hold Steady Unless Value is Added, Says Expert

Alaska has shut down its snow crab fishery for the second year in a row due to another major population drop, leaving some to wonder how this may play out in the snow crab market going into 2024. According to market analyst John Sackton, this sudden population dip won’t have much of an effect, if any. “There’s so much [snow crab] coming out of Canada in the Gulf and Newfoundland that there’s going to be plenty of snow crab around,” said Sackton. “The only thing that would ...

Private Crab Sales on the Rise, says SEA-NL

Facing down $2.20 per pound crab prices, some harvesters in Newfoundland and Labrador have begun privately selling crab to make up for the downturn in the market. Seaward Enterprises Association of Newfoundland and Labrador (SEA-NL) said that many harvesters were unaware of their rights to privately sell crab. According to SEA-NL’s president Pam Petten, their Pot-to-Plate program, which sought to act as an intermediary between buyers and harvesters, served as a catalyst for harvesters to ...

Snow Crab Season 2023: Good Landings But Low Prices

With Newfoundland and Labrador’s crab season well underway, with minimum prices sitting at $2.20 per pound — down from over $7 per pound in 2022 — harvesters are feeling financial pressure, with most just fishing to break even. Mario Rice, a harvester from Bay de Verde who’s been fishing for 32 seasons in the 6B area of the 3L inshore, says that a combination of low prices, high input costs and the shortened season has left him and his crew in hard financial circumstances. He said ...

Switching to Whale-Safe Gear is a Heavy Subject for the N.L. Snow Crab Fishery

To protect critically endangered whales from threats posed by entanglement, the Government of Canada is expected to mandate the use of whale-safe gear in Canadian fixed gear fisheries by 2024. Whale-safe gear involves incorporating weak elements in the design of standard fishing gear which will break with a specified amount of force, lower than the ropes currently in use. While whale-safe gear may protect whales and avoid fishing area closures, as well as shortened or modified fishing ...

Snow Crab Stocks Stay Consistently Strong in N.L.

While prices likely won’t meet the high expectations set by 2021 and early 2022, the Department of Fisheries and Oceans (DFO) delivered a cautiously optimistic outlook on the snow crab stocks in Newfoundland and Labrador for the coming season. According to Julia Pantin, the biologist in charge of this year’s snow crab technical briefing, the stocks off Newfoundland (with the exception of 2HJ off Labrador) will continue to stay steady into 2023. “The overall exploitable biomass ...