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Shrimp Price 2021

June 23, 2021 -Today the Standing Fish Price Setting Panel released its decision on the summer shrimp price and it selected the position of ASP. The average price for shrimp for summer 2021 is $1.10, depending on distributions. The FFAW position was an average price of $1.22.

The Panel’s decision ignores real and persuasive evidence that the cold water shrimp market is improving and that the market in September will be much stronger than the market of today. The vast majority of NL shrimp will be landed in June, July, and August and not exported until late summer and fall. Processors will benefit from the improved market later in the year but harvesters will not.

Thank you to the negotiating committee for the work and ideas you put forward last week.

Summer 2021 Price Distribution:

Dr. Erin Carruthers

Dr. Erin Carruthers is the Science Director and Senior Fisheries Scientist with the Fish, Food and Allied Workers Union (FFAW-Unifor), which is the labour union that represents the owner-operator fleet in Newfoundland and Labrador. The FFAW is committed to research and management that supports healthy oceans, fisheries, and coastal communities. Dr. Carruthers received her Ph. D. in Biology from Memorial University in 2011 followed by a postdoctoral fellowship with the Centre for Fisheries Ecosystems Research. Before coming to Newfoundland, Erin worked as a Research Biologist with Fisheries and Oceans Canada at the St. Andrews Biological Station. Her current research program is co-constructed with fish harvesters and includes research on coastal fishing communities, collaborative longline and trap surveys, and best practices for the avoidance, handling and release of unwanted catch.