ANALYSIS: Relief in Sight for Live Lobster?
After an initial delay, the fishing season in Southwest Nova Scotia, LFA 33-34, is underway. The first round of landings are reported to be strong, with full traps.
However, unfavorable winter weather since the first pull has kept boats temporarily tied up. Most market participants have been anticipating and hoping for a strong influx of product to help offset the depressed inventory levels and the recent record-high live lobster prices. US pricing on both hard and firm shell lobsters have held steady throughout the late fall due to the tight supply...
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