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Seafood analyst Sackton warns of fallout from another Canadian crab strike

'The buyers will go to the gulf and bid up the gulf price on crab, thinking NL is unreliable' -- John Sackton

By Undercurrent News | April 5, 2024 13:57 BST
Snow crab traps sit on a dock in Newfoundland and Labrador. Photograph by Jason Huffman.
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Longtime seafood analyst John Sackton says a delay of the 2024 crab fishing season in the Canadian province of Newfoundland and Labrador (NL) will hurt harvesters and processors in the short term, but a mutually agreeable price-setting formula could pay off in the future, reports CBC News [...]

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