Canadian snow crab landings top $250m

Snow crab. Credit: NOAA Snow crab. Credit: NOAA

Fisheries and Oceans Canada has reported that the value of snow crab landings for the 2011 fishing season in Newfoundland and Labrador surpassed $250 million, the highest recorded landed value since 2004.

The landed value represents an increase of 61% over last season.

The price paid to fish harvesters this year for their snow crab catches was $2.15 per pound, with some harvesters receiving an even higher price. This was the highest price paid for snow crab in seven years. Approximately 95% of the entire quota for the 2011 snow crab fishery was landed.

“Our government is committed to ensuring the long-term prosperity and viability of Canadian fisheries,” said the Honourable Keith Ashfield, Minister of Fisheries and Oceans. “It is tremendous to see the snow crab fishery in Newfoundland and Labrador so successful this year.”

Management measures for the snow crab fishery promote sustainability of the resource and are developed through a series of meetings and consultations with stakeholders. The priorities for managing a sustainable snow crab fishery include monitoring for soft-shelled crab, an early start to the season in order to minimise fishing when soft shell crab is abundant, avoiding market gluts by establishing catch rates and landing times, and promoting handling practices that reduce crab mortality.

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