FFAW signs snow crab offer

The FFAW has "reluctantly" agreed to sign off on a final offer from ASP to start a crab fishery this year.

The offer guarantees a minimum price of 2.20 and includes incremental increases as the Urner Barry price increase, which ensures the price will not drop lower regardless of potential market drops.

Work will commence towards a formula prior to the 2024 season.

“Nobody on the Committee is happy to be signing this deal today. This Committee put hundreds of volunteer hours into trying to find a better outcome for harvesters, and having this industry at a standstill for over six weeks was incredibly challenging on many fronts,” says FFAW-Unifor President Greg Pretty.