Capelin Prices 2024
The Panel selected a minimum price $0.25/lbs. for Grade “A” Capelin in 2024. This is a rollover of prices from 2023.
However, six processing companies signed agreements with FFAW that they would pay a Grade “A” price of $0.30/lbs. These companies are: Barry Group, Beothic Fish Processors, Golden Shell Fisheries, Labrador Fishermen’s Union Shrimp Company, Bay Roberts Seafood, & Happy Adventure Sea Products. Two other companies have also verbally committed to pay this price.
For Grade “A” price capelin ($0.30), the capelin must meet the following specifications:
i) 55 count and under
ii) Maximum 10% feed content
iii) Minimum 40% usable females, classifying less than 5.25 inch females as males for determining eligibility for the “A” price only.
Where one or more of the conditions set out above have not been met for “A” pricing, that is, capelin is not 55 count and under, and/or exceeds 10% feed and/or not 40% useable female, the minimum price shall be determined in accordance with the price table below.
% Female Capelin | Price per lbs. – 70 or less count ocean run | Price per lbs. – 65 or less count ocean run | Price per lbs. – 55 or less count ocean run | Price per lbs. – 45 or less count ocean run |
30-34.9% | 9 | 11 | 14 | 16 |
35-39.9% | 10 | 12 | 15 | 18 |
40-44.9% | 13 | 15 | 17 | 20 |
45-49.9% | 14 | 16 | 19 | 21 |
50-54.9% | 15 | 18 | 20 | 22 |
55-59.9% | 16 | 19 | 21 | 24 |
60-64.5% | 18 | 20 | 22 | 25 |
65-69.9% | 19 | 21 | 24 | 27 |
70-74.9% | 20 | 22 | 25 | 27 |
75-79.5% | 21 | 24 | 27 | 29 |
80% + | 22 | 25 | 27 | 30 |