2025 CAPELIN PRICE TABLE

CAPELIN UPDATE

The capelin fishery is set to begin this weekend in Conception Bay, with the fixed gear fleet starting on Saturday and purse seiners on Sunday.

The path to getting this fishery started was not an easy one. We lost the Panel decision, then we lost the fishery on the Southern Shore. 

Earlier this week we received an offer of 40 cents from one company. While the committee firmly believes the market will support a higher price, they also realize the importance of this fishery to harvesters, plant workers, truck drivers, monitors, and many more. With that 40 cent offer from one company, we set to work getting other companies signed on. The following companies have agreed to pay on the 40-cent schedule: Barry Group, Golden Shell, Happy Adventure Sea Products, OCI, Beothic Fish Processors, and Notre Dame Seafoods. Two big companies have not made their intentions known: Quinlan Brothers and Quin-Sea Fisheries. 

A commitment was made to capelin harvesters on the Southern Shore and that will be upheld. They missed their fishery because of this dispute, so the quota for that area will become part of the flex (452 t of quota from Cape Neddick to Cape Pine) and harvesters that were active last year will be compensated by a levy placed on all capelin sales (based on receipted sales from last year; expected to be between half and three-quarters of a cent). This will be reviewed and administered by the capelin committee.

2025 Capelin Minimum Price

Minimum pricing for capelin will be determined using the “Sampling Procedure” outlined in paragraph 5.0 (of the 2022 schedule) and based on the following:

For Grade A price ($0.40), the capelin must meet the following specifications:

i) 55 count and under

ii) Maximum 10% feed content

iii) Minimum 40% useable females, classifying less than 5.25 inch females as males for determining eligibility for the ‘A’ price only.

If one or more of these conditions have not been met, the minimum price shall be determined in accordance with the price table below:

Percent female and count per kilo are established using ocean run capelin.

Percent Female Capelin	Price per pound 70 or less count Ocean Run	Price per pound 65 or less count Ocean Run	Price per pound 55 or less count Ocean Run	Price per pound 45 or less count Ocean Run
30% – 34.9%	0.11	0.14	0.18	0.22
35% -39.9%	0.14	0.18	0.21	0.24
40% – 44.9%	0.18	0.21	0.22	0.26
45%-49.9%	0.19	0.22	0.26	0.29
50% – 54.9%	0.21	0.24	0.27	0.30
55% – 59.9%	0.22	0.26	0.29	0.32
60% – 64.9%	0.24	0.27	0.30	0.34
65% – 69.9%	0.26	0.29	0.32	0.35
70% -74.9%	0.27	0.30	0.34	0.37
75% – 79.9%	0.29	0.32	0.35	0.38
80% or greater	0.30	0.34	0.37	0.40

Capelin must have a minimum of 23% roe content.

For capelin falling outside of these specifications, the price shall be determined between the individual
harvester and processor.

This price table replaces section 4.0 of the attached capelin schedule. All other terms and conditions remain the same.