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Northern Peninsula Fishermen Tied up in Shrimp Price Dispute

Sustainability Economics Politics +4 more

CANADA - Shrimp fishermen around the Northern Peninsula are tied up in a price dispute with processors.

CBCNews reports that the provincial price-setting panel sided with fishermen this season, granting them a price of 60 cents a pound. This amounts to five cents more than what processors are willing to pay.

Anchor Point fisherman Rendall Genge said fishermen cannot afford to fish, because catches are low and shrimp size is small, driving down the price.

"The 60 cents is not feasible because it's not a 60 cents," Mr Genge said. "It's a 50, 52 cents. That's all it's producing."

According to Mr Genge, most shrimp boats from Englee to Port au Choix are tied up in the dispute, affecting four processing plants.

Fishermen want the Newfoundland and Labrador government to step in and scrap the current price-setting panel and find a mechanism to negotiate fish prices.