ST. JOHN’S, N.L. — Newfoundland and Labrador crab fishermen need not worry about their catch’s high price this season, according to a CBC News report citing a U.S. seafood analyst who predicts market prices will drop.

At $1.35 per pound, crab fishermen have already protested the government-imposed price that many worry is too high. "If you look back at the last 10 or 12 years in the crab fishery, every year the price at the end of May is lower in the market than it is at the beginning of May or the end of April," John Sackton, who publishes seafood.com from Massachusetts, told the CBC. "As you crank up the volume in the fishery and there's a pressure to sell crab ... the prices go down."

ST. JOHN’S, N.L. — As the crisis over the price of fresh-caught crab continues to boil, Newfoundland crab fishermen took matters into their own hands, yesterday, by illegally selling crab outside the provincial legislature.

According to a story in Newfoundland's Telegram, the fishermen descended on the parking lot in front of the Confederation Building on Monday to protest the stalemate between harvesters, producers and the government over the price of crab.

ST. JOHN’S, N.L. — Uncertainty still lingers over Newfoundland and Labrador’s crab situation, but a potential bailout could be on the horizon.

According to a recent article in St. John’s Telegraph, Earle McCurdy from the Fish, Food and Allied Workers union, and Derek Butler of the Association of Seafood Producers, met with Fisheries Minister Clyde Jackman yesterday to discuss a possible end to the stalemate that has stalled crab season.

ST. JOHN’S, N.L. — In a bid to end the standoff between Newfoundland and Labrador fishermen scrambling to drive proposed crab prices up and processors clamouring to bring them down, union members and processors are preparing to meet with Clyde Jackman, the province’s fisheries and aquaculture minister, today to discuss a solution.

Though fishing season officially began April 1, the journey to the seas has been rocky and slow due to a stalemate in price negotiations. The government proposed $1.35 per pound, but fisherman claim that is too low to cover the basic costs of operations, and processors argue that it’s too high given the current parity of the U.S. and Canadian dollar.