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Newfoundland snow crab processors limit production in response to collapsing market

'Some members will be taking corporate decisions to limit production over the balance of the season' -- Derek Butler, Association of Seafood Producers

By Jason Huffman | May 30, 2022 20:50 BST
Newfoundland and Labrador. Map from Victor Maschek / Shutterstock.
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Snow crab processors in the Canadian province of Newfoundland and Labrador (NL) announced Monday (May 30) that they have begun to deliberately limit production in order to counter the recent plummet of demand and prices in the wholesale market [...]

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