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Newfoundland panel agrees to hike coldwater shrimp prices by 31%

Panel agrees to go with harvesters' request for a CAD 1.25 per pound minimum ex-vessel price amid doubts the main market in Europe can support the increase

By Jeanine Stewart | June 21, 2017 17:07 BST
Coldwater shrimp (Pandalus borealis)
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The Newfoundland government's price setting panel agreed to a proposal from coldwater shrimp fishermen to increase the minimum price to CAD 1.25 per pound, ($0.94/lb) from CAD 0.95/lb, on Wednesday morning. [...]

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