FFAW Shocked & Frustrated by Snow Crab Price Decision
The Standing Fish Price Setting Panel released its decision on the minimum price for snow crab today.
The price has been set at $2.90 per pound, rejecting the $3.50 price position submitted by the FFAW.
In a statement the FFAW said it is shocked and deeply frustrated by this price decision.
The Association of Seafood Producers is based on the price in the Maritimes, where processors have committed to paying a rebate at the end of the season based on market performance.