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Shrimp Price 2022

Fall Shrimp Prices 2022

The Standing Fish Price Setting Panel released their Fall Shrimp decision and selected the FFAW’s price offer of $1.25/lb.  The average price of shrimp for Fall 2022 is $1.25/lb, depending on distributions (see below).  ASP had offered $1.00/lb.  These new prices became effective 12:00am Sunday, September 11, 2022.

2022 Fall Shrimp Price Distribution

Size CategoriesPrice
2.0 – 2.90.428
3.0 – 3.90.722
4.0 – 4.90.883
5.0 – 5.91.044
6.0 – 6.91.230
7.0 – 7.91.318
8.0 – 8.91.411
9.0 – 9.91.546
10.0+1.587
$1.25

Summer Shrimp Prices 2022

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 2022 is $0.90, depending on distributions (see below). The FFAW position was an average price of $1.365.

Summer 2022 Price Distribution:

Size CategoriesPrice
2.0 – 2.90.318
3.0 – 3.90.536
4.0 – 4.90.655
5.0 – 5.90.775
6.0 – 6.90.913
7.0 – 7.90.978
8.0 – 8.91.048
9.0 – 9.91.148
10.0+1.178
$0.90

Based on market conditions, the Panel selected the FFAW offer of $1.42/lb for the spring shrimp price (table below). Just a few weeks later and without any change in market prices, the Panel selected ASP’s offer of $0.90/lb for summer shrimp. FFAW strongly disagrees with this pricing decision and will pushing hard for companies to pay a fair market price to harvesters this summer.

Spring 2022 Price Distribution:

Size CategoriesPrice
2.0 – 2.9 0.479
3.0 – 3.9 0.809
4.0 – 4.9 0.988
5.0 – 5.9 1.169
6.0 – 6.9 1.377
7.0 – 7.9 1.475
8.0 – 8.9 1.580
9.0 – 9.9 1.731
10.0+ 1.777
 $1.42

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.