Fishing boats involved in the crab fishery are pictured in Bonavista harbour. — Telegram file photo
The Fish, Food and Allied Workers (FFAW) union and the Association of Seafood Producers (ASP) have come to an agreement on pricing for the crab fishery.
In a news release issued Saturday, the FFAW said that processors will pay $0.17 per pound on top of the $1.83 per pound price established by the price-setting panel for all sales made before May 5.
The two sides will also set up a joint working group to look at further options on crab pricing structures in an effort to avoid disputes in the future. It will aim to have a more effective pricing structure in place for next season.
The FFAW has also made a request to the Department of Fisheries and Aquaculture to approve a pilot project to grant exemptions from minimum processing requirements that would allow crab fishing licence holders to export up to one million pounds of crab to buyers outside the province. The union said it expects to hear back from the province shortly.