Processors of fresh Canadian coldwater shrimp will likely take a hit on their margins this spring in a bid not to scare off buyers, a Canadian shrimp exporter told IntraFish.
The strong Canadian dollar and a fragile economic climate mean cooked and peeled processors are wary to pass on any price increase to their European buyers, the exporter said.
On April 13 Newfoundland’s regional price panel sided with harvesters’ suggestion to set the price of fresh shrimp landed at factories at CAD 0.76
