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Newfoundland crab harvesters cash in on dock price bidding war, fetch more than minimum

By the end of the first week in May, word on the wharves in the Canadian province was that most buyers were paying CAD 3.45/lb for crab -- well above the earlier agreed upon CAD 3.00/lb minimum

By Barb Dean-Simmons | May 6, 2024 16:45 BST
Snow crab catch from Newfoundland and Labrador. Photo from FFAW Facebook page
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A bidding war is taking place in the world's largest snow crab fishery, leading to harvesters receiving dock prices up to a dollar more than the previously agreed upon CAD 3.00 ($2.20) per pound minimum, Undercurrent News has learned. [...]

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Credit: Archer Dec24/Shutterstock
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