Further shake-up in coldwater shrimp sector as Canadians delay season

The global coldwater shrimp market is only getting more complex, as the start of the Newfoundland and Labrador fishing season is being delayed because of price disagreements between shrimp producers and harvesters in the area.

“Newfoundland and Labrador harvesters have not begun fishing yet,” Keith Sullivan, president of the Fish, Food and Allied Workers Union (FFAW), told IntraFish.

In a normal year, vessels start operating around May 1.

“There has been a significant quota cut and so far prices offered by processing companies are lower than last year, and fishermen certainly need good value for the product," he said.

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